In The News

The Globe’s Most Important Relationship

Morton Abramowitz January 8, 2008
China, Japan and the US may not enjoy the most comfortable of partnerships, considering each nation’s competitive streak and occasional differences over trade, global governance and security issues. But the partnership works and is improving, with the potential for resolving many regional and global problems, explains Morton Abramowitz, former US ambassador and senior fellow at the Century...

Redder Than the Real Thing

Ian Williams January 7, 2008
To secure Chinese favor, the United States has devalued Taiwan’s quest for democracy. America’s official stance is pro-China, despite the inequality and injustice propagated by the Chinese government, says the author. Ironically, the superior form of governance is the form practiced by Taiwan, and that is the European-style social democracy, which America should appreciate more, logically...

Modern Globalization

Nayan Chanda January 5, 2008
This column for Businessworld in India explores the many facets of globalization manifested in all aspects of life. By exploring the interconnections of the globalization forces, columnist and YaleGlobal's editor Nayan Chanda hopes to build better understanding, pointing to the dangers and opportunities. Like it or not, humanity is bound together by invisible threads of connections born of...

Oil Hits $100, Jolting Markets

Neil King Jr. January 4, 2008
The global economy depends on oil – and most of the world’s major economies are in short supply. Western oil companies now control about 10 percent of proven reserves, and with increasing demand from emerging economies, governments and industries belatedly scramble to improve efficiency and find energy alternatives. High demand for oil and the increasing price is shifting priorities and shaping...

The Invisible Hand of Globalization

Susan Froetschel January 3, 2008
Despite exponentially-advancing understanding of economic forces over the 20th century, Adam Smith’s invisible hand continues to elude. In his recently published book none other than former Chairman of the US Federal Reserve Alan Greenspan essentially throws up his hands. Every time a financial crisis hits the world, like the current turmoil caused by sub-prime mortgage lending in the US, calls...

What’s Your Consumption Factor?

Jared Diamond January 3, 2008
The average citizen of a wealthy nation consumes at a rate 32 times that of the average citizen of a poor nation, and a rising human population will present major problems if people consume at levels on display in the wealthiest nations. High consumption levels exacerbate environmental devastation, resource shortages, waste and other social problems. Citizens of the poorest countries are fully...

The Scourge of Antibiotic-Resistant Bacteria

Laura H. Kahn December 28, 2007
Antibiotic-resistant bacteria – including Staphylococcus aureus, or MRSA – are a growing public-health problem. Complicating matters is the tendency of high-strength antibiotics to kill or change regular bacteria that live in the human body; people with low levels of the regular bacteria can be more susceptible to infections. The agriculture industry’s practice of feeding farm animals with...