In The News

Brexit and Bust: Britain Plunges Into the Unknown

Daniel Twining June 23, 2016
The United Kingdom's decision to leave the European Union has shocked the world and is a wake-up call for the single market of 28 nations and more than 500 million people. The fury over economic and political cooperation that led to the referendum could intensify. “In unsettling ways, the June 23 referendum has put the future of Europe, the transatlantic alliance and the international...

“Brexit” Could Send Shock Waves Across US and Global Economy

Ylan Q. Mui June 22, 2016
The United States is the biggest foreign investor in the United Kingdom, and US firms regard the nation as a base for trading with the rest of the European Union. The US and the UK each have about a half trillion dollars’ worth of foreign direct investment and employ about a million workers in the other. “The heavy-equipment giant Caterpillar exemplifies the dilemma facing American businesses in...

Brexit and the Future of US-UK Military Cooperation

Stephen Meyer June 19, 2016
Analysts have long debated the feasibility of the European Union moving beyond an economic partnership with tighter integration in other areas, including foreign policy. The United Kingdom’s decision to remain or leave the European Union would signal a direction for the nation’s future military relationships. “If the British vote down the Brexit referendum later next week and choose to remain in...

Philippines’ Next President: Implications for ASEAN

Mely Caballero-Anthony May 11, 2016
Voters in the Philippines fell in line with global trends of frustration over bureaucratic processes, by selecting a maverick leader who promises to shake up government, end corruption and bring rapid improvement. Rodrigo Duterte was elected president. “Standing on a platform of eradicating crime and corruption that have plagued the country, Duterte has shocked his countrymen’s sensibilities with...

"My Name Is Sadiq Khan and I'm the Mayor of London"

Nabanita Sircar May 10, 2016
Cities and nations inspire, not when their citizens fear and denigrate immigrants, but instead welcome the newcomers’ skills and ideas and celebrate their rising influence. “In a world where terrorism and Islamophobia is spreading rapidly, London showed its inherent multicultural, diverse character when it elected the first Muslim Mayor, Sadiq Khan,” explains Nabanita Sircar for Outlook magazine...

A Recipe for Disaster

Nayan Chanda May 9, 2016
Widening inequality has fueled a populism in democracies like the United States and France that counters the agenda of political elites. “Now the Panama Papers revealing a massive tax avoidance scheme by the world’s elite have added another black mark to globalization,” explains Nayan Chanda, founding editor of YaleGlobal Online in his column for Businessworld, referring to a massive leak of bank...

Is Globalization Really Fueling Populism?

Daniel Gros May 9, 2016
An angry populism – a belief that ordinary citizens, not elites, should control government while avoiding centrism and compromise – is on the rise in Europe and the United States. Daniel Gros questions the suggestion that the so-called losers of globalization are fueling such populism, suggesting the trends are not new. Inequality in education levels is not new, and workers with more education...