In The News

Dan Hannan June 12, 2017
Globalization delivers both comfort and pain – represented by a delicious cup of coffee anytime or anywhere in the world or job losses and shuttered factories due to foreign competition. Dan Hannan, capturing themes covered by YaleGlobal Online since 2002, describes how globalization has become a divisive election issue in many countries including the United States, the United Kingdom, France and...
Hervé Machenaud June 7, 2017
Representatives of about 100 nations participated in China’s New Silk Road Forum in May. Some in the West express concerns about the Silk Road initiative and the companion Asian Infrastructure Investment Bank. China has invested in developing its own infrastructure and now hopes to do the same for developing nations while increasing its own expertise spreading good will. The projects have...
Stephen S. Roach May 28, 2017
China has steadily shifted policies since 1980 in pursuit of global economic leadership. “While many of the key building blocks of China’s transitional framework have fallen into place – especially rapid growth in services and accelerated urbanization – there can be no mistaking a new and important twist: China now appears to be changing from an adapter to a driver of globalization,” explains...
Graham Dunn May 16, 2017
Global airline alliances connect flights, so travelers who purchase a ticket from one firm may be transported by aircraft from another firm and country. The three largest alliances account for more than 55 percent of capacity, explains Graham Dunn for FlightGlobal. “Global alliances have provided, and arguably helped, drive deeper consolidation and co-operation within the industry, helping to...
Claudia Kalb May 12, 2017
Some ideas and creations are visionary and influential, spreading around the globe to resonate through the ages. The work of Albert Einstein, with the theory of relativity, and William Shakespeare whose plays explore human relationships and emotions, are two examples. Scientists study the sources of genius, which may not be easily identifiable. “Genius is too elusive, too subjective, too wedded...
Liz Alderman May 1, 2017
Technology, changing fashions, competition in Asia combined with the European Union ending textile import quotes in 2005, eroded jobs in the lace industry, reports Liz Alderman for the New York Times. “From steel mills to auto factories, the loss of hundreds of thousands of jobs to globalization has created social distress – and competing visions from the candidates about how to fix it,” Alderman...
Robert G. Blanton and Dursun Peksen April 27, 2017
Economic globalization— trade, foreign direct investment and low tariffs—has a twofold effect in making costly, environmentally harmful and deadly industrial accidents more probable, according to professors Robert G. Blanton and Dursun Peksen in a discussion of their study in Harvard Business Review. First, there is more room for error as byzantine international supply chains straddle countries...

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