In The News

American Made…Chinese Owned

Sheridan Prasso May 13, 2010
Chinese companies are increasing US investments and adding jobs, particularly throughout the conservative South. Wages still remain high by Chinese standards, but land is cheap and energy is reliable. In a cover article for Fortune Magazine, Sheridan Prasso reports that more than 30 states, ports and municipalities have hired representatives and offered tax incentives to lure Chinese companies...

How To Get Rid of Nuclear Weapons

May 5, 2010
As signatories of the Nuclear Non-Proliferation Treaty gather to review its forty years’ performance, the danger posed by nuclear weapons remains undiminished. Gareth Evans, Co-Chairman of an International Commission on Nuclear Non-Proliferation and Disarmament, interviewed by Nayan Chanda, Editor of YaleGlobal Online, discusses the threat and urgent tasks ahead for the international community...

Listening to (and Saving) the World’s Languages

Sam Roberts May 4, 2010
Immigrants in New York City have made it a place of remarkable linguistic diversity. There are an estimated 800 languages spoken, meaning that globalization has allowed languages born in every corner of the world to gather in New York City. As globalization places a priority on a handful of major languages in the world for business purposes, other languages have become rare and are dying out. But...

Freeing the Renminbi

Nayan Chanda April 30, 2010
Criticizing the value of another nation’s currency is easy. Understanding the consequences of any currency adjustments is more complicated, explains Nayan Chanda, editor of YaleGlobal and regular columnist for Businessworld in India. Economic advisors have undoubtedly explained the many challenges linked to currency revaluation awaiting political leaders in both China and the US, suggesting that...

The Hub Nation

April 28, 2010
The US attracts one of the highest rates of immigrants in the world and this trend has important benefits for the country. Immigrants are tied to networks with their own countrymen, which facilitates economic growth. While modern technology allows for instantaneous global communication, it is often only immigrants who know the right people to call. They have pre-established trust relationships,...

Debt and Unemployment: Is Global Capitalism Responsible? – Part II

David Dapice April 26, 2010
In declaring an end to recession, economists fall into two camps: One side, including economists with the Obama administration, maintains high rates of unemployment are cyclical and jobs will return soon; others contend that the US economy confronts fundamental restructuring, with massive unemployment lingering for years. This two-part YaleGlobal series examines economic debates over debt and...

Hola! Asian Call Centers Lure Back Spanish

Margot Cohen April 16, 2010
The pursuit of independence by former colonies during the 20th century often included efforts to minimize reliance on the imposed language. In some, like the former Spanish colony of the Philippines, the colonial language fell out of general use even as another colonial language English was embraced as a language of business. Today, less than 1 percent of Filipinos speak Spanish. But the few...