In The News

David Korten December 26, 2017
Globalization is a tool like the pen and, as such, can be used for worthy or terrible purposes, as YaleGlobal has noted in the past. David Korten, writing for Yes, points out that globalization’s definitions vary and can influence levels of support for the age-old phenomenon. YaleGlobal simply defines globalization as the connections of our world through people, products, ideas and more. Korten...
Tim Fernholz December 21, 2017
The US tax bill is a big win for corporations, with corporate income taxes reduced during a time of record profits, reports Tim Fernholz for Quartz. Emboldened multinationals may expect other countries to do the same. “The US corporate tax rate is being cut by 40%, and rather than taxing global earnings, the US will move to a territorial system, with foreign revenue taxed at a bare minimum,” he...
Jon Wertheim and Aryeh B. Bourkoff November 14, 2017
Tennis, while not the world’s most popular sport, has gained in global popularity largely because organizers and players have relied on globalization and technology to pursue top talent and expand interest. “Scan the top 25 players in the ATP rankings and, save Antarctica, you'll find representatives from every continent,” explain Jon Wertheim and Aryeh B. Bourkoff for Sports Illustrated. “...
Nafees Ahmad September 26, 2017
Tens of thousands of Rohingya refugees are fleeing violence in Myanmar and heading to Bangladesh, with 30,000 people trapped near the border, reports Nafees Ahmad for the Huffington Post. Meanwhile, India’s prime minister has announced plans to deport 40,000 Rohingya refugees, and India’s Supreme Court is reviewing a plea by two asylum seekers to reverse the decision. Conservatives who support...
Berkeley Lovelace Jr. July 14, 2017
Advances in technology continue to reduce the need for many low-skilled positions in the United States, reported Federal Chair Janet Yellen to the House Financial Services Committee. She also targeted a limited form of globalization – outsourcing workplaces and jobs to other countries – for reinforcing the effects of automation along with retailers reducing jobs in response to greater demands by...
Alexander Jung July 8, 2017
A growing global economy expanded the middle class and wealth for many nations that were once poor. That is of little comfort to the 800 million people who live in extreme poverty. Widening inequality and climate change are serious threats. “The G-20 nations represent two-thirds of the global population, just over three-quarters of its economic output and four-fifths of its greenhouse gas...
Stefan Hall July 4, 2017
European soccer teams already bear the mark of globalization, with many teams sponsored or owned by investors from other continents. China has been entering the global stage in recent years, and China’s President Xi Jinping has professed his love for the sport. Sports can be a show of soft power, notes Stefan Hall for Forbes, since “sporting events can be used to spread a nation’s cultural values...