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Indonesia's Shameful Export

June 8, 2004
Last month, Indonesia was forced to face the reality of a widespread child prostitution network when a woman was arrested for employing young schoolgirls as prostitutes from a food stall in a densely populated neighborhood in South Jakarta. This article in the Straits Times reports that the 1997...

Wanted: Equal Opportunity Globalization

November 29, 2016
Populist stances are resonating with dissatisfied voters in the wealthiest places including Europe and the United States. The West has posted low growth rates for its middle class over the past 25 years while the average income growth of a median household in Asia during the same period was about...

Iran's Web Spying Aided By Western Technology

June 25, 2009
The Iranian government, with the help of equipment developed by Siemens and Nokia, is operating an advanced internet monitoring system capable of spreading disinformation, blocking communications, and mining internet data for personal information. The government’s internet monitoring capability,...

The World Wary as US Federal Reserve Declares End to Debt Crisis

January 5, 2016
Central banks around the globe responded to the 2007-2008 global debt crisis by reducing interest rates and loosening monetary policy to encourage consumer spending, investment, employment and price stability. After seven years the US Federal Reserve lifted interest rates in December and signaled...

Visual Capitalist: 8 Forces Shaping the Global Economy

October 23, 2018
Globalization, while less popular in some countries, still contributes to rapid change throughout the world. Global networks allow for immediate spread of new ideas, and Jeff Desjardins of Visual Capitalist identifies eight forces of global change with striking information graphics: Technology,...

Modern-Day Mercenaries

December 9, 2003
From Iraq to Afghanistan, the US and its allies are relying on private military companies (PMCs) to provide a range of security services commonly associated with national militaries. Raenette Taljaard, Member of Parliament in South Africa, cautions that this move toward the privatization of...

Beijing's Social Contract is Starting to Fray

June 3, 2004
Marking the anniversary of Beijing's crackdown on the Tiananmen Square protest movement 15 years ago, China scholar Minxin Pei writes that the Chinese Communist Party's hold on power is not sustainable. The regime has been fortunate, he says, to have achieved such unprecedented economic...

Decoupling Demystified

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...
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