In The News

India Attracts Universities From the US

Somini Sengupta March 26, 2007
Despite its reputation as an up-and-coming global competitor, India’s economic growth has been stunted by the limited higher-education opportunities – with only 7 percent of young adults entering universities. Recognizing the demand of Asia’s university-aged population, American schools seek to establish relationships with their counterparts in countries such as China and India. Through...

Can Europe Age Gracefully? – Part II

Jean-Pierre Lehmann March 23, 2007
Even as Europe celebrates the 50th anniversary of the Treaty of Rome, the upcoming French presidential election in April serves as Exhibit A of the continent’s discontent. Since the end of World War II, the nations of Europe have integrated for reasons of trade, law and policy. Countries once poor and under fascist regimes have prospered. In the second article of a two-part series on Europe’s...

Global Warming Can't Buy Happiness

Bill McKibben March 23, 2007
In a draft report for the United Nations, the US admits that its carbon emissions will continue to rise over the next decade, not drop. In sum, the US and others find it difficult to sacrifice – and blithely contribute to crisis by expending energy in wasteful ways. “For the last century, our society's basic drive has been toward more — toward a bigger national economy, toward more stuff for...

The New New World Order

Daniel W. Drezner March 15, 2007
People accuse the Bush administration of unilateralism, and the US dominates many global institutions, from the International Monetary Fund to the World Trade Organization. But according to Daniel Drezner, a professor of international politics, writing in “Foreign Affairs,” the Bush administration has led the way in encouraging global institutions to prepare for rising powers like India, China,...

The Trouble With India

March 14, 2007
When investors tout growth, two images can come to mind: One includes bustling industries and fabulous wealth; the other is unorganized communities, as irritated crowds of people compete for limited resources. This article in “BusinessWeek” explores how India’s infrastructure – highways, airports, clean water and other utilities – fails to keep pace with the explosive growth of the high-tech...

The Opening of Libya

Stanley Reed March 9, 2007
As Libya gradually emerges from 20 years of economic isolation, international energy firms rush to grab a piece of the North African nation’s extensive untapped oil reserves. Libya has organized an intensely competitive bidding process for exploration rights, pitting companies from the US, Europe and Asia against one another in a race to secure new sources of energy. Such investment will have...

Managing Globalization: How Fast China Grows Will Affect Everyone

Daniel Altman March 8, 2007
Since the end of its civil war, China has achieved staggeringly high rates of growth. Except during crisis periods like the Great Leap Forward and Cultural Revolution, the Chinese economy has increased its size by between 8 and 10 percent a year. Today’s economists are divided over the question of whether China’s extraordinary growth will continue. Some, like James Trippon of “The China Stock...