In The News

The Double Edge of Globalization

Nayan Chanda June 28, 2007
Activists have long accused global corporations of being bad environmental citizens. But the problems of climate change and deforestation are part of a larger phenomenon, in which globalization is but one factor among many. As Nayan Chanda, editor of YaleGlobal, discusses in his new book “Bound Together: How Traders, Preachers, Adventurers, and Warriors Shaped Globalization,” international...

A New Deal for Globalization

Kenneth F. Scheve June 27, 2007
Globalization – through education, trade and innovation – has delivered immense benefits for the US. But wages have declined, even for workers with college degrees. Only workers with doctorate or professional graduate degrees – less than 4 percent of the work force – experienced earnings growth between 2000 and 2005. Unskilled and low-skilled workers make up the majority of the US labor force....

Report Shows Darker Side of Globalization

Brian Love June 23, 2007
Lower costs of transportation, communication and other technology allow businesses to move to the most profitable points on the globe. Such relocations have contributed to rising economies in China, India, Russia and Brazil, with those four nations accounting for almost half of the world’s labor supply. In the meantime, wages as a percentage of gross domestic product have declined in most wealthy...

Discount Dentistry, South of the Border

Manuel Roig-Franzia June 20, 2007
Consumers who lack insurance for health care tend to make decisions based on price – and travel to neighboring countries known for low costs. US consumers who don’t have dental insurance head to Mexico, where prices are about one quarter what’s charged in the US. Costa Rica, Hungary and Thailand also offer low-cost dental havens. Some US consumers even decline insurance, because the premiums cost...

Globalization in Every Loaf

Alexei Barrionuevo June 18, 2007
Ingredients for any processed food product, from bread to vitamins, can come from all over the world. “The lowering of trade barriers more than a decade ago has pushed food companies to scour the globe for more exotic – or the cheapest – ingredients to compete in a more global marketplace, not unlike automakers shipping in parts from all over,” writes Alexei Barrionuevo for the New York Times. A...

Strength in Numbers for Globalization's Critics

Christine Elsaeßer May 30, 2007
Criticism of globalization is commonplace, with calls to limit corporations’ power streaming from environmentalists, church groups, trade unions, farmers and more. Political scientist and author of Die Globalisierung und ihre Gegner, or Globalization and Its Critics, Claus Leggewie divided the critics of globalization into five groups: leftists and radical leftists, the academic left, reformers...

A Book Review: Bound Together

Paul Freedman May 17, 2007
Globalization, the process of growing interconnectedness, is not a new phenomenon. All that’s new is the ease and speed of the connections. In his book, Nayan Chanda, editor of YaleGlobal Online, follows the exploits of historical traders, preachers, adventurers and warriors in shaping our world, and identifies their modern counterparts at work today. The categories provide insights into...