In The News

Harvard Political Review: Globalization as Growth Opportunity

Victor Agbafe July 25, 2018
Large numbers of voters in developed economies blame globalization for the loss of jobs and reduced wages. Yet automation is increasingly more responsible for job losses while globalization still provides benefits and many companies rely on global markets for growth. “In many cases, globalization has increased the choices of goods and services available to consumers while also lowering their...

Brookings: Social Protection Programs and Life Satisfaction

Talajeh Livani and Carol Graham July 24, 2018
Do universal basic income and strong public welfare programs work? Experts in developed and developing countries have mixed reviews. Welfare programs “often come with stigma and disempowerment, in addition to high administrative costs, supporting the case for universal basic income guarantees” write Talejeh Livani and Carol Graham for Brookings. Measuring the effectiveness of social assistance...

Washington Post: India Imposes Retaliatory Tariffs on US

Annie Gowen July 10, 2018
India has joined the global trade war alongside the European Union, China and other US trading partners in response to the Trump administration’s recent tariff hikes on steel and aluminum by increasing import duties on goods such as almonds, apples and select metal products. India notified the World Trade Organization of this decision on June 14. Annie Gowen reports for the Washington Post: “it...

Wall Street Journal: US Dollar and Global Market Malaise

James Mackintosh July 6, 2018
Uncertainty is disrupting global markets and increasing volatility, and investors are becoming more cautious about riskier investments including emerging markets, bonds and investments associated with countries running high levels of debt, with Chinese stocks down 20 percent, and unconventional investments like bitcoin. In turn, some bank stocks and commodities are under pressure. The many trends...

CustomerThink: Globalization Impacts Small Businesses

Philip Piletic July 2, 2018
Small businesses can no longer expect to be strictly local in production, supply or markets. Globalization – the endless connections through people, products and ideas – is an ongoing process that imposes a variety of effects on businesses. For the average small business owner, these are mixed compared to the profits multinational corporations extract from the global economy. Downsides consist of...

South China Morning Post: Weakened Yuan as Trade War Looms

Karen Yeung and Enoch Yiu June 28, 2018
The Chinese yuan is falling in value “because of expectations that the People’s Bank of China (PBOC) was shifting to a policy allowing the Chinese currency to depreciate amid an escalation of China-US trade tensions,” report Karen Yeung and Enoch Yiu for the South China Morning Post. “Against a basket of currencies, however, the yuan was trading near a two-year high of 97.88 hit in May, according...

Paris Innovation Review: 5 Societal Changes Shake Up Business

Farid Baddache June 22, 2018
Governments and consumers have expectations when choosing among products and companies, and five global trends are emerging: Customers increasingly assess the meaning, purposes and consequences of projects, and companies can encourage customer loyalty by demonstrating their products contribute social benefits. In particular, customers expect companies to promote environmental protection and work...