In The News

Promises Trump Can’t Keep

Nayan Chanda November 28, 2016
US President-elect Donald Trump made big promises on trade and jobs that will be tough to keep without wrecking key industries along with the global economy. Essentially, he suggested that he could restore US manufacturing jobs by blocking new trade deals like the Tans-Pacific Partnership and walking back on old deals like the North Atlantic Free Trade Agreement. The plan has problems. Such trade...

With Trump, Amerexit?

Nayan Chanda November 25, 2016
President-elect Donald Trump is inexperienced and after January 20 may come to understand that the many global challenges won’t be resolved with easy answers, quick fixes or policies light on detail. His comments during campaign rallies suggested that the United States would embrace isolationist policies – perhaps with the exception of Russia. “Yet, the contradictions in Trump’s campaign slogans...

League of Nationalists

November 25, 2016
Despite living in a world that shares numerous global challenges, voters increasingly place their trust in a new nationalism. Some are unnerved by lost jobs and blame an increasing number of foreign-born living in their midst. Others long for self-reliance. “All societies draw on nationalism of one sort or another to define relations between the state, the citizen and the outside world,” notes...

How Can We Tackle Abuse in the Global Garment Industry?

Alice Evans November 24, 2016
In the face of rampant labor exploitation in the clothing industry, many unions in countries like Vietnam, Indonesia, and Bangladesh are trying to increase the minimum wage and improve working conditions. In the mutual pursuit of financial gain by countries and corporations, the “mobility of capital (and immobility of labour) creates a global race to the bottom,” notes Alice Evans for the...

Russia Wants to Remake Globalization in Its Own Image

Richard Weitz November 24, 2016
Globalization and global institutions are in crisis, confronting varying levels of mistrust around the world. The Valdai Discussion Club, a group of Russian and foreign international affairs experts, assessed the global order. “Russians described Western-led neoliberal globalization as universally destructive economically, culturally, and politically and responsible for sparking a worldwide...

Is A Trump Presidency Really a Big Win for Putin?

Reid Standish November 24, 2016
Among Donald Trump’s consistent positions during the US presidential campaign was a respect for Russian President Vladimir Putin and a desire to restore US ties with a Cold War adversary. Reid Standish writes in Foreign Policy that Putin celebrated Trump’s win because it represents a chance for him to “restore Russia’s global status and reopen ties with the West.” Trump has not laid out clear...

China's Shrinking Workforce Affects Economic Transition, Expert Says

Coco Feng November 23, 2016
The size of China’s labor force, including people between the ages of 16 and 59, has declined for three years since 2012. The total is 906 million workers, down from just over 910 million. The government anticipates the workforce shrinking to 700 million by 2050. The decline is especially sharp for semi-skilled blue-collar workers as more youth pursue college studies and prefer work in the...