In The News

‘Developing Countries Should Have a Bigger Say in the World Bank and IMF’

May 20, 2005
In a recent interview with YaleGlobal editor Nayan Chanda, Kemal Dervis, former Minister of Economic Affairs in Turkey and author of the book A Better Globalization, talks about reforming the United Nations Security Council and the role of international financial institutions. Excerpts of the interview follow.

Can China Be Contained?

Jeffrey E. Garten May 19, 2005
In the last three days, the United States government has added new pressures to the Chinese government: The US Department of Treasury demanded a revaluation of the renminbi, and the Commerce Department moved to restrain textile imports from China. One of the defining features of globalization today is the complex way in which countries are economically intertwined, as well as the political...

Protecting Biodiversity 'May Clash with Pursuit of MDGs'

Ehsan Masood May 19, 2005
According to a new report, UN Millennium Development Goals (MDGs) to reduce global poverty will interfere with efforts to reduce the rate of biodiversity loss. Infrastructural development such as road building can have a negative environmental impact, disrupting habitats and leading to species loss in many places. This has sparked much debate over which is the more important goal to meet,...

On Advertising: Lenovo Tries to Win the West

Eric Pfanner May 18, 2005
Only a handful of Chinese brand names have achieved global consumer recognition. More often, many view China as a low-cost producer of Western consumer goods. The fact that Western companies essentially place their logos on goods manufactured in China, preventing Chinese companies from developing name recognition, exacerbates this perception. Lenovo, a major Chinese computer company that...

Nuclear Regime in Peril

Joseph Cirincione May 17, 2005
The nuclear Non-Proliferation Treaty (NPT) has proven to be among the most successful security pacts in history. For 35 years, it has forestalled the proliferation of nuclear weapons, and with only one defector: North Korea. Yet as the world meets to review the treaty at the United Nations this month, discord among members is hindering the development of an effective plan. Of key importance...

A Global Alliance Against Forced Labor

May 12, 2005
The International Labor Organization (ILO) has issued an update on its four-year-old report on slavery and other types of forced labor. The new report, issued May 2005, takes a longer view on the issue, describing developments in the last four years and looking toward the future. After defining and identifying the scope of the problem, the group evaluates efforts in the past years to stem the...

Tangled Threads of Protectionism – Part III

Linda Lim May 10, 2005
One of the textile industry's oldest problems is again under focus: how to adjust in the face of changing technology, tastes, and economic fundamentals. Politicians are calling, not surprisingly, for a populist solution – protect jobs by raising walls against imports. In a three-part series, trade experts examine the issues surrounding the post-quota state of the textile industry. With the...