In The News

Joseph Quinlan April 20, 2017
Much of the world no longer trusts “the unfettered cross-border flows of goods, services, people” of globalization anymore,” explains Joseph Quinlan for Barron’s. “Without access to the world’s resources, capital, and labor, many U.S. firms would be shadows of their current selves in terms of market capitalization and earnings. That would endanger the whole U.S. economy.” Quinlan also expresses...
Arvind Subramanian February 23, 2017
The World Trade Organization, a multilateral trade group with 164 members, has been marginalized in recent years due to increasing preference for bilateral and regional deals, explains Arvind Subramanian, chief economic adviser to the government of India in an essay for Project Syndicate. He points to three developments that could prompt the world to reconsider multilateralism and revive the WTO...
Katherine Murphy February 20, 2017
The rule of law gradually evolves to regulate emerging challenges and organize international relationships. “Globalization has led nation-states to interact in new ways, and other influential groups, such as multinational corporations and activist groups, to operate on an international level,” writes Katherine Murphy for the Heights. “These new types of interactions need standards of law to...
Greg Clark February 9, 2017
In an age when many nations are leaning toward isolationism, some cities are bucking the trend and becoming centers of global business, research, and higher education. Stockholm, San Diego and Barcelona in particular are three cities that exemplify successfully creating a “global identity,” notes Greg Clark for the Brookings Institution. By diversifying their economy, these cities have avoided...
Vikram Mansharamani February 9, 2017
The demand for electric power and electric appliances continues to rise as global poverty declines. “To make alternative energies a truly viable source of power production, the world needs a robust, cost-effective means of storing energy…. and battery technology is among the more promising of the options,” explains Vikram Mansharamani for the PBS Newshour. He anticipates lithium to be in demand...
Martin Wolf January 25, 2017
Humanity is tribal, notes Martin Wolf for the Financial Times, and communities form around shared cultural or national values during difficult times. “Today, as in the past, leaders foment aggrieved nationalism to justify despotism and even war,” Wolf writes. “For much of human history, war was seen as the natural relationship between societies. Victory brought plunder, power and prestige, at...
Nayan Chanda January 18, 2017
President Xi Jinping is praising globalization and suggesting that China is ready to assume leadership of a globalized world – even as the United States signals its withdrawal on some fronts and rejects global commitments like the Paris agreement on climate change. During his keynote address at the World Economic Forum, Xi pointed out that China once resisted globalization and opening its economy...