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Quartz: Crisis in Emerging Market Currencies

September 3, 2018
Currency worries are not unusual for emerging economies. As currencies decline in value, investors may withdraw, and exchange with other currencies can become difficult; the countries struggle to make payments especially on debt in more costly US dollars. “What began in Argentina and Turkey has...

Smithsonian: Globalization Changed How We Fight Disease

June 5, 2018
Globalization has contributed both to spreading diseases quickly via travel and faster transportation systems and providing early warnings that lead to swift prevention mechanisms and treatments: “the rise of civilization – namely, the development of agriculture, animal husbandry and domesticated...

World After Covid-19: The Economist

April 23, 2020
Kishore Mahbubani, founding dean of the Lee Kuan Yew School of Public Policy, has long observed that the era of Western domination is ending. The Covid-19 pandemic hurries the demise and marks the start of an Asian century. “The crisis highlights the contrast between the competent responses of East...

Globalization Explained to the French

October 18, 2005
Following France's decisive May 29 referendum against the proposed EU Constitution, many observers condemned this once great imperial power's rejection of the international system. Decrying the predations of "Anglo-Saxon capitalism," the "Non!" camp had clung to an...

Seizing Opportunity in a Post-TPP World

December 1, 2016
Trade is the glue for globalization and without it other connections can subside. But US voters rejected a US leadership role in global trade deals and elected billionaire Donald Trump who has already signaled intent to have the United States to withdraw from the Trans-Pacific Partnership with 11...

Death Knell for Cross-Border Leasing Deals

June 25, 2004
When the US Congress voted to close a tax law loophole this month, some German city governments began to worry. Over the past seven years Germany municipalities have signed more than 150 cross-border leasing agreements with US investors. Under the agreements, Americans leased German...

US Imposes New Sanctions on China

May 23, 2003
Even though the new US embargo is not the first of its kind against China, it is the biggest in scope and it comes only a week before the two countries’ leaders meet in Russia. China sold weapons to Iran during its conflict with Iraq in the 80’s, but the US says a more recent arms sale breaks a...

Study: Climate Change in East Asia Caused by China’s Air Pollution

September 13, 2016
Manufacturers reduced costs by relocating factories to China where wages were low and regulations few. Researchers from China, Britain and the United States published a study in Nature Geoscience that suggests China’s role in producing goods for the West is contributing to a changing climate for...
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