In The News

Coalition Partners Get Cold Feet

Ewen MacAskill April 10, 2004
As Shiite and Sunni Iraqis banded together to fight American and allied country troops this week, United States military forces found themselves in an increasingly uncertain environment. The political will of US allies is being tested by the deepening hostilities. When South Korean and Japanese military forces came under fire, they retreated to their compounds. But although popular sentiment...

Transcript of 'Globalization 3.0 Has Shrunk the World to Size Tiny'

Nayan Chanda April 7, 2004
The following is a transcript of Nayan Chanda's interview with the New York Times foreign affairs columnist Thomas Friedman conducted on March 25, 2004.

Globalization 3.0 Has Shrunk the World

April 7, 2004
The process of globalization continues to produce new surprises. Thomas L. Friedman, whose 1999 classic “The Lexus and the Olive Tree” has been translated in 30 languages, offers an update on globalization since his last interview with YaleGlobal editor Nayan Chanda a year ago. Friedman says that the first phase of globalization - the globalization of countries - lasted from roughly 1400 until...

Muslim Rivals Unite In Baghdad Uprising

Karl Vick April 7, 2004
When the US led occupation forces entered Iraq almost a year ago, they had hoped to turn the deep rooted and bitter rivalries between Sunni and Shiite Muslims to their advantage. According to several accounts, the Shiite Muslims suffered tremendous state-sanctioned atrocities during Saddam Hussein's regime. The US led occupation forces sought pro-American supporters in the Shiite...

US Recovery, Asian Surge Will Boost World Trade 7.5%: WTO

Ravi Kanth April 6, 2004
The US economic recovery and Asian trade growth should push global trade higher this year, according to the World Trade Organization (WTO). Yet such growth is susceptible to three risk factors: the level of the US current account and budget deficits; the extent of European economic growth and the value of the Euro; and the volatility of oil prices. With the US current account deficit set to reach...

EU Food Rules Test African Development

William Wallis April 6, 2004
New food safety regulations, implemented by the European Union (EU), will make it mandatory "for all fruit and vegetable products arriving in the EU to be traceable at all stages of production, processing and distribution." These new regulations are intended to ensure against potential public health scares such as the mad cow disease that have plagued the EU in recent years. Yet, the...

World Trade Growth Picks Up Speed

April 5, 2004
The World Trade Organization (WTO) is reporting a 4.5 percent increase in trade in 2003, up 1.5 percent from their original cautious estimate. The gains are due, analysts say, to the partial recovery of the American economy and very strong growth in Asia and the post-Soviet states. China alone saw a 40% increase in merchandise imports and a 35% increase in exports. Numbers for 2004 are looking...