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Taming Globalization? Kebabs, Mini-Skirts and Meth – Part I

May 18, 2010
Politicians try to rile or sooth citizens as needed with a few select details of globalization. Yet with the speed and far-reaching nature of modern trade, travel and communication, these attempts to corral bits and pieces of globalization are futile. A savvy public – young or old – comes to...

Financial Times: Trump Demands End to Asia’s “Chronic Trade Abuses”

November 10, 2017
In addressing the Asia Pacific Economic Cooperation summit in Vietnam, Donald Trump said the United States would not tolerate chronic trade abuses and he urged fair and reciprocal economic relationships. The talk came after his visit to China, the country that has the biggest trade deficit with the...

Asian Music, Accompanied by the A Train

July 6, 2004
In China, traditional musicians face the two-fold threat of florescent pop music and a gradual drying of government funding, both of which have led to a decrease in demand for their craft. "While most pop music groups take in extra income by playing at clubs and parties," writes Yilu...

Arms Race Threatened on India-China Border

September 5, 2016
India has deployed supersonic cruise missiles to Arunachal in the northeast, and China promised counter-measures. India developed the missiles with Russia. “The deployment of the cruise missiles is the latest in what is starting to look like an arms race between the two countries, which have...

US Debt and Foreign Creditors: Wall Street Journal

February 12, 2019
Foreign investors are less keen to own US government bonds, but domestic investors pick up the slack for now. “Foreign ownership of U.S. government debt has been decreasing since it reached a peak of about 55% during the financial crisis in 2008, falling below 40% in November for the first time...

Reuters: Turkey Warns US of Blowback From Decision to Arm Kurds in Syria

May 11, 2017
The US will supply arms to Kurdish forces to retake Raqqa from the Islamic State in Syria. “Turkey warned the United States on Wednesday that a decision to arm Kurdish forces fighting Islamic State in Syria could end up hurting Washington, and accused its NATO ally of siding with terrorists,”...

U.S. Probes Banks’ North Korea Ties

September 9, 2005
The US has launched a large-scale operation aimed at cracking down on the North Korean government’s criminal fundraising activities. The North Korean government is suspected of working with crime syndicates to counterfeit US currency and distribute mass quantities of fake cigarettes and...

Globalization in Trouble – Part I

February 12, 2010
From financial woes to security worries, a new world seems to be dawning in which the process of globalization risks slowing down. In part one of a two part series, YaleGlobal looks at trade troubles that may arise from a non-trade failure. For all the praise of free and open trade creating...
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