In The News

Africa and the Winds of Globalization

Okechukwu Emeh March 1, 2007
Africa is often described as a victim of globalization. However, analyst Okechukwu Emeh argues that the continent’s developing states can join together to make the process work in their favor. On the theory that a rising tide lifts all boats, incorporating African industries into global markets can improve everyone’s level of wealth. Imports of gadgets, modes of organization and “neo-liberal...

The Perilous Fantasy of Pursuing Energy Independence

A.F. Al Hajj February 27, 2007
Advance public announcements on research plans can lead to market manipulation. Leaders of developed nations – weary of instability in nations that supply oil and high prices – openly seek energy alternatives. But oil markets respond to the chatter about alternative energy in two ways: Some producers might reduce investment in infrastructure or additional capacity, and others might increase...

South Asians Taking Risky Route to Europe: Via Africa

Caroline Brothers February 26, 2007
The tide of illegal immigrants from West Africa to Spain’s Canary Islands has resumed, yet the ethnicity of recent passengers surprise authorities. South Asians attempting to enter Europe have long taken land passages, but are increasingly becoming customers of the poorly made fishing boats that ferry thousands from Africa to Spain each year. Decreased barriers to travel between South Asia and...

The New Shipbuilding Boom: Giants of the Waves

Thomas Schulz February 26, 2007
Commercial shipbuilding is on the rise, with more than 5000 giant ships set to be launched over the next three years. The boom is a response to China’s growing export market, reports Thomas Schulz in “Der Spiegel.” Germany owns most container ships, followed by China, Japan and Taiwan. But Asian firms construct the large ships, most of which are so massive they cannot fit into European ports....

A Budget for Globalization

February 22, 2007
Singapore’s historic status as a thriving international port has long rested on its openness to international business and trade. The government’s efforts in enticing foreign businesses and tourists to Singapore have made it among the most business-friendly economies in the world. One key to that success has been a willingness to adapt to a rapidly changing global economy, and the government...

Help Not Wanted

Moisés Naím February 15, 2007
China is stepping up in delivering foreign aid to impoverished African nations, but that is not good news for all Africans. “It is development assistance that is nondemocratic in origin and nontransparent in practice, and its effect is typically to stifle real progress while hurting ordinary citizens,” charges Moisés Naím, editor of “Foreign Policy” magazine. Some donors distribute billions, with...

America’s China Worries – Part III

Bertil Lintner February 13, 2007
In recent decades, the South Pacific has been a friendly region for the US and its interests, including islands that sit on Asia's doorstep. But the rise of China and its growing interest in the Pacific islands may be emerging as yet another area of possible concern. In this final article of a three-part series, author Bertil Lintner examines how China is moving in the region to fill the...