In The News

Today’s Iraqi Refugees Key to Tomorrow’s Stability

Humphrey Hawksley June 7, 2007
On the surface, China’s gradual transition from Tiananmen-era suppression of dissent to controlled-yet-liberating market economics would seem to hold few lessons for turbulent Iraq. After all, Iraq needs many more resources, including an end to sectarian violence, before even attempting to emulate China’s evolution toward a competitive and developed economy, one achieved through careful...

Lack of Women in Eastern Germany Feeds Neo-Nazis

June 1, 2007
After the fall of the Berlin Wall, many East Germans left their communities in search of education, jobs and other opportunity. But the Berlin Institute for Population and Development reports that most of the emigrants have been young women – with some communities in East Germany losing up to 25 percent of their young women. East Germany has the distinction of leading Europe with such a gender...

Lost In Translation

June 1, 2007
As part of an ongoing blame game between China and the US, Washington officials want reevaluation of the yuan. However, China actually could gain the most from any reevaluation. First, the yuan may not be undervalued all that much. China’s large bilateral trade surplus reflects a changing supply chain in Asia. The US used to buy goods from other Asian nations, but today China imports goods from...

Is Water the Next Oil?

Rohini Nilekani May 31, 2007
Water is more vital for human life than oil – and environmentalists, corporations, communities and governments increasingly recognize its unequal distribution around the globe could lead to severe environmental degradation and intense conflicts in the years ahead. Anyone who cares about water should observe the management of oil during the past century and not repeat the mistakes, argues Rohini...

What Offshoring Wave?

Robert J. Samuelson May 30, 2007
The burst of technology at the turn of the century had pundits predicting that all manner of professional jobs – any position that required creating or handling data that could be transferred online – would move away from Western Europe and the US to India, China and other nations with low wages and plenty of skilled workers. Economists predicted that about one-fifth of jobs in the US could...

Global Rush to Energy Crops Threatens to Bring Food Shortages and Increase Poverty, Says UN

John Vidal May 25, 2007
No one denies that there are benefits when a country adopts biofuel to supplement oil as a source of energy. But while production of biofuels could help stabilize oil prices and create new markets, the poor could also experience higher commodity prices. Not surprisingly a recent UN report warns governments to take into consideration the human and environmental impacts, which could have dire...

Wolfowitz Saga Exposes Structural Flaws of the World Bank

Devesh Kapur May 15, 2007
Reactions to the conflict-of-interest allegations against Paul Wolfowitz, president of the World Bank, have been muted: Europe won’t criticize Wolfowitz much for fear of losing its monopoly over the IMF; countries that depend on World Bank funding may regard the scandal as leverage against strict expectations about corruption within their borders; and up-and-comers such as India and China seek...