In The News

Kimberly Clausing December 20, 2019
People in advanced economies, worried by inequality and stagnant wages, are turning against globalization. But embracing nationalism, and blaming immigration and trade, may not help. Quick fixes could do more harm than good. Kimberly Clausing, author and economist, urges reviewing policies to support workers and communities and reform taxes to share the gains of economic growth. She also urges...
December 19, 2019
Rules around citizenship help define a country’s values and aspirations. Large numbers of Indians are turning out to protest a new citizenship law that welcomes refugees from neighboring states but pointedly excludes Muslims. Authorities have detained hundreds of demonstrators and banned gatherings in Uttar Pradesh as well as parts of the northeast, Bihar and cities including Hyderabad and...
Fiona Weber-Steinhaus and Kazi Riasat Alve December 19, 2019
Workplace schedules establish cultural patterns for nations, and governments often must step in to end grueling routines. For example, in the United States, Congress mandated an eight-hour workday in 1916 and the five-day workweek emerged a decade later. A pattern has emerged in the world’s most populous developing nations with low labor costs: Parents leave rural communities for work in...
Sarah Provan and Archie Hall December 18, 2019
Boeing announced a temporary suspension in production of its 737 Max airline. Regulators and airlines grounded the plane after two crashes within five months. The world's largest aerospace manufacturer depends on a deep global supply chain for the plane’s many parts, and the suspension in production hits suppliers. Safran, based in France and the world’s third largest aerospace supplier, had...
Nayan Chanda December 18, 2019
US President Donald Trump seeks partners in his push to rebalance global trade, reduce global agreements with environmental and other constraints, and build US influence based on power rather than cooperative alliances. He views the UK’s Boris Johnson as a likeminded leader, after an overwhelming victory in parliamentary elections all but ensures Britain’s speedy exit from the European Union....
David Cameron December 17, 2019
The Brexit ball is in the hands of conservatives after an overwhelming win in the UK parliamentary election. The new government plans to meet Brexit deadlines, rejecting further extensions, including for the transition period that ends with the year 2020. So the United Kingdom takes on the challenge of negotiating a complex relationship with its major trade partner in 11 months. A revised...
December 17, 2019
Karachi has a population of 16 million people, about double that of New York City. Pakistan’s largest city and former national capital functions as the country’s financial center. Monsoons and environmental disasters have shed light on years of poor urban planning and maintenance. “Wild, unplanned growth has overwhelmed almost every element of urban planning,” the Economist reports. “Sewers,...