In The News

Benefits and Pitfalls of Globalization

Park Myung-seok June 1, 2004
A growing concern about globalization’s negative effects on national economies worldwide has some governments re-thinking long-held economic ideologies. The difficulty in creating jobs within the context of an expanding global employee base has some longtime champions of free trade, including the United States, looking to legislate against outsourcing. Similar movements to protect local jobs are...

Globalisation in African continent

Syed Jamaluddin May 18, 2004
A host of factors, including the continent-wide financial, industrial, and political difficulties since the end of the colonial age have reduced economic performance in Africa to often pitiable levels. Despite starting “from behind” and the current obstacles to economic growth, this editorial highlights progress Africa has made, and the future development that can be speeded up by proper...

The Indians Are Comin’

Sanjeev Srivastava May 10, 2004
Global interest in Indian economic and cultural practices is swelling rapidly, from the labor outsourcing debate to Bollywood film exports. In the United States, India is a topic for newspaper front pages, Indian corporations are traded on the New York Stock Exchange and audiences gather for the country’s art. Delhi is creating regional alliances with China and Pakistan, and all systems are go...

Transcript of 'Globalization 3.0 Has Shrunk the World to Size Tiny'

Nayan Chanda April 7, 2004
The following is a transcript of Nayan Chanda's interview with the New York Times foreign affairs columnist Thomas Friedman conducted on March 25, 2004.

Globalization 3.0 Has Shrunk the World

April 7, 2004
The process of globalization continues to produce new surprises. Thomas L. Friedman, whose 1999 classic “The Lexus and the Olive Tree” has been translated in 30 languages, offers an update on globalization since his last interview with YaleGlobal editor Nayan Chanda a year ago. Friedman says that the first phase of globalization - the globalization of countries - lasted from roughly 1400 until...

A Fair Globalization: Creating Opportunities for All

February 24, 2004
A new report issued by the World Commission on the Social Dimension of Globalization acknowledges that globalization's "potential for good is immense," but points to record unemployment levels as a sign that globalization has not met the majority of men and women's "simple and legitimate aspirations for decent jobs and a better future for their children." The...

Poppy Barons on the 'Speed' Boat

Larry Jagan February 16, 2004
The notorious Golden Triangle in Southeast Asia has long produced a large portion of the world's illicit drugs. Although authorities in Myanmar (Burma), Thailand, and Laos have had substantial success in ending opium poppy growing, newer technologies are allowing for the production and trafficking of synthetic drugs. Poppy barons have discovered that trafficking in methamphetamines can be...