In The News

Underdevelopment and Aid: Search for a Right Balance – Part II

Edward Friedman October 29, 2008
Africa remains one of the poorest aid recipients of the world, enduring challenges of high rates of disease, inadequate infrastructure and power sources, as well as corruption and poor governance. This YaleGlobal series examines diverse approaches on foreign economic aid emerging from the West and China. In the second article of a two-part series, Edward Friedman, political science professor at...

The Anti-West: An Axis in Need of Oiling

October 28, 2008
Iran, Russia and Venezuela collaborated on some security matters designed to keep the US in its place, but have since discovered the need for an economically strong US. A global economic crisis that began in the US, starting with a decline in housing prices and the default of high-risk mortgages, expanded into a credit freeze and a decline in oil prices. Sinking oil prices or limited output...

Missing Links: After the Fall

Moisés Naím October 27, 2008
The attacks of 9/11 were a watershed event in the institutional makeup of US and global security institutions. The push for rejecting old, seemingly outdated frameworks, explains Foreign Policy editor Moisés Naím, helped lead to the Iraq War, in addition to "the Guantánamo Bay prison, the erosion of civil liberties, disdain for the Geneva Conventions, and the belittling of mechanisms...

Bail Out the Poor

Ramzy Baroud October 24, 2008
Reduced food supplies around the globe would seem to be a more immediate crisis than plummeting prices of homes and stocks in the wealthiest nations of the world, notes Ramzy Baroud, editor of the Palestine Chronicle, writing for Al-Ahram Weekly. Baroud questions why governments cannot act in coordinated and speedy ways to avert huge global disasters including climate change, population growth in...

Do You Really Want This Job?

David Dapice October 24, 2008
An era of the US living beyond its means has come to an abrupt end, with a flailing stock market and credit freeze, mounting job losses, wages that do not keep pace with climbing housing prices, and the world’s costliest health care system that fails to cover all citizens. The next US president, to be decided in the November 4 election, will inherit a battered economy that restrains any US role...

The Glass Half Full

Nayan Chanda October 24, 2008
Neither candidate for US president, Barack Obama nor John McCain, wholly embraces globalization. McCain, a supporter of laissez-faire economics, emphasizes economic globalization, but not its “political and cultural components,” and his support base fiercely responds to the candidate’s message of “America first.” Meanwhile, Obama appeals to those who appreciate an international perspective and an...

Globalization Battle Plays Out in French Cheese Industry

Matthew Saltmarsh October 24, 2008
A great product can’t help but inspire others to follow suit. But as copies emerge, quality often declines, and such is the case with great cheeses produced and aged in France, according to traditional cheesemakers. Matthew Saltmarsh profiles Philippe Alléosse in Paris, who worries “industrial processes – from sourcing through production and distribution – are squeezing small farmers and...