In The News

Nayan Chanda April 1, 2008
China’s rise as an economic superpower since 1989 has justified Deng Xiaoping's open door policy. As the world’s second largest economy, China seeks to further strengthen global ties by hosting the Olympics. However, as China moves into the spotlight, the country is under extensive scrutiny and protest. Activists in Darfur wish China to end its support for the regime in the Sudan. Anti-...
Nayan Chanda March 25, 2008
With unemployment and foreclosures skyrocketing, trade deficit woes, more and more Americans are becoming protectionist. Most Americans agree that foreign trade is reducing the demand for American-made goods, resulting in numerous job losses. While there is no question that trade has played a role in shrinking manufacturing jobs, Nayan Chanda points out that "it is only a minor part of the...
Nayan Chanda March 3, 2008
Politicians strive for policies that boost exports. Setting any limits on imports, though, invites other countries to retaliate. “History is replete with examples of economic nationalism’s failure to roll back the quest for profit and good life that drives global trade,” writes Nayan Chanda in his column for Businessworld in India. Democratic candidates for US president, hoping to win approval...
Nayan Chanda February 20, 2008
The Tata-Boeing deal to supply a critical part used in the next-generation Boeing-787 Dreamliner shows that India has a chance to become a key member of the global manufacturing network, once again. Given India's long history of participation in the global world, this comes as no surprise. As Nayan Chanda points out, if Tata can meet the challenge of the production, its reputation will...
Nayan Chanda February 8, 2008
Reality always trumps theory. Nayan Chanda points out that this was seen when aftershocks from the American stockmarket meltdown put to rest the theory of ‘decoupling’. The stockmarket jitters that ran from Tokyo to Shanghai to Mumbai shows that Asian growth is very much linked, further proving that in a globalized world, you can run, but cannot hide. – YaleGlobal
Nayan Chanda January 22, 2008
The speed and frequency of today’s travel has placed individuals at risk to the spread of many infectious diseases. As Nayan Chanda points out, governments facing these challenges should be more vigilant than ever to avoid future epidemics. Full cooperation with the WHO must also be achieved. In an interconnected world, it is important everyone recognizes that our health and well-being is...
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...