Many critics point to globalization, its swirling influences over worldwide connections through trade, technology and communications, as a culprit behind growing inequality. Yet Pranab Bardhan, economist with the University of California, Berkeley, points out that the connections deliver both...
Rich economy, poor management: China’s rich flaunt their wealth (top); India’s poor children wait for a mid-day meal
BERKELEY: Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anemic,...
European consumers like bargains from Asia, but continental manufacturers expect protection from competition, fully expecting the government to increase tariffs on overseas products. So the EU trade commissioner aims for some compromise, for example, imposing tariffs on shoes for adults, but not...
BRUSSELS -- At the promod fashion store here, saleswoman Coralie De Schrynmakers points to a pair of gold, soft-leather ballerina-style slippers.
Under a recent ruling to protect European shoemakers, the size...
Amidst the controversy surrounding Turkey’s bid for EU inclusion, France is responsible for the most passionate opposition. Not only does the current government make its position abundantly clear, but most French citizens, regardless of political leanings, are also against Turkey’s inclusion. This...
Click here for the original article on Turks.US's website.
As rural workers flock to the cities, unemployment in China seems unlikely to decline from its current level of 13 percent. The recent WTO membership is not a solution since most new jobs are expected to be in the professional sector. Most of the jobless come from rural areas where they make up 20...
BEIJING - China faces a daunting task of finding jobs for 170 million unemployed people, and its joining the World Trade Organisation (WTO) will do little to relieve the pressure.
This grim picture came through...
Could the war in Iraq have been averted with last-minute concessions by Saddam Hussein's regime? There were offers on the table in February, says this report in The New York Times. Iraqi intelligence officials are reported to have approached a Lebanese-American businessman to outline their...
Click here for the original article on The New York Times website.
Authoritarian leaders including Russia’s Vladimir Putin argue that their style of governance is pragmatic and sure. But stifling dissent and encouraging nationalism fail to contribute to market certainty, innovation and long-term prosperity, argues economist Joseph Stiglitz. He runs through Russia...
Societies are putting perpetrators of sexual misconduct on notice that such behavior is no longer tolerated. More victims file police reports and more prosecutors pursue rigorous investigations. The #MeToo movement targeting unwanted sexual behavior emerged in the United States in 2017 and spread...
Transatlantic protests: Irish MP Ruth Coppinger protests victim-blaming and Stanford graduates denounce rape culture
NEW HAVEN: Students are protesting the Trump administration’s proposed rollback of Title IX, the landmark federal legislation that...
