In The News

Nayan Chanda November 19, 2002
Amartya Sen November 19, 2002
The throngs of protestors that flock to every major international conference or summit claim as their goal the reversal of Western-dominated globalization. But these protestors, themselves the products of globalization, often find their constructive criticism drowned out by inflammatory rhetoric. Amartya Sen writes that continuing to raise questions and doubts about the market system and other...
Nayan Chanda November 19, 2002
November 19, 2002
American and Singaporean negotiators spent most of last night negotiating the final terms of the first American-Asian free-trade agreement, which, if all goes smoothly, could be signed as early as next year. The two sides agreed on all but one major issue (that of capital transfers in-and-out of Singapore). Singapore’s geopolitical importance, with its modern technology and peaceful political and...
Mark Berniker November 19, 2002
Investments by multinational corporations can help bring skills, capital, and income to developing countries. But creating a mutually beneficial relationship isn't necessarily a smooth process, as this report from Central Asia explains: "ChevronTexaco has been Kazakhstan's primary oil and gas investor since 1993. Now, with disagreements halting a joint venture between the company...
Guo Liang November 18, 2002
Why would the Communist Party, which attempts to censor all media in China, allow and even encourage Chinese citizens to surf the internet? So that people can explore the world, of course! Helping Chinese people learn about the world is the big goal, according to President Jiang Zemin. But the cat-and-mouse game played by censoring authorities and news-hungry Chinese reveals the tensions...
Guy de Jonquières November 18, 2002
Is multi-lateral trade the only way to pursue globalization? A recent trend to forge regional and bilateral trade agreements has Supachai Panitchpakdi, WTO director-general, arguing that "by discriminating against third countries and creating a complex network of trade regimes, such [bilateral] agreements pose systemic risk to the global trading system." But the US and other countries...