In The News

Globalization Needs a Reality Check

Lyal White May 23, 2006
Globalization offers no guarantees – and does not necessarily lead to diversity, innovation and competition. Sometimes, large players present multiple brands, using globalization to mask ownership and monopolies. Consolidation of markets into global monoliths can encourage a standardization that inhibits innovation. Economic globalization does influence politics, because countries seeking...

Managing Globalization: Old Tax Breaks Fade in New World

Daniel Altman May 17, 2006
Businesses that open subsidiaries solely to reduce tax liabilities may want to think twice before relocating to China or India. Taxation has become more complicated as more firms go multinational and countries welcome more foreign firms. But governments continue to impose and enforce taxation, reports author Daniel Altman. Tax evasion and underreporting are challenges for China. Both China and...

L’Europe face à la mondialisation – Partie I

Patrick Sabatier May 16, 2006
Pendant que la concurrence mondiale s’intensifie, les gouvernements conçoivent des stratégies pour protéger leur marché du travail, leurs industries et leur réputation. Cet article en deux parties analyse les diverses approches adoptées pour répondre à la globalisation qui ont émergé en Europe, une en France et l'autre au Danemark. La France semble en tant que membre le plus protectionniste...

Europe Faces Globalization – Part I

Patrick Sabatier May 16, 2006
As global competition intensifies, governments devise strategies to protect jobs, industries and reputation. This two-part series analyzes contrasting approaches to managing globalization that have emerged in Europe, one from France and the other from Denmark. France appears as the most protectionist member of the EU, yet is open to foreign investment. The government has no problem with French...

Globalization’s Grave Challenges for the West

Robert A. Levine May 12, 2006
Globalization will proceed despite protectionism, and the West would be wise to devise policies that incorporate globalization’s inevitability. Without such policies, the standard of living in both the US and Europe could diminish: In Europe, slow growth will leave the continent trailing the US and Asia, making it ultimately dependent on tourism. The US may abandon its own guiding principles of...

Globalization Is a Story Still to Be Written

Sheldon W. Stahl May 3, 2006
Despite all the commentary on globalization, the ultimate question of whether the phenomenon enables progress or detracts from quality of life remains to be answered. Undeniably, globalization delivers tangible benefits, many visible in the US. A greater array of high-quality goods at lower prices is one benefit, while foreign direct investment can provide new employment opportunities. Such...

Radical Islam – Globalization for Losers

Jonah Goldberg May 2, 2006
Globalization is hardly limited to spreading American or western concepts. The phenomenon can take on many forms, used by governments of all sizes as well as individuals – anyone who catches media attention, intentional or otherwise. The forms can extend philosophies of freedom or safety, choices or control. Author Jonah Goldberg suggests that Osama bin Laden’s call upon Muslims to attack UN...