In The News

Georg Fahrion, Kristina Gnirke, Veronika Hackenbroch, Martin Hesse, Martin U. Müller, Katharina Graça Peters, Michael Sauga and Bernhard Zand February 6, 2020
A coronavirus moves through populations with astounding speed. A Wuhan doctor identified seven cases as a public health issue on December 30. Local authorities berated him for breaking the law before he fell ill, too. The world reports 20,000 confirmed cases in 24 countries with more than 500 deaths. China, responsible for about one-third of global economic growth, responded by closing businesses...
Kimberly Clausing December 20, 2019
People in advanced economies, worried by inequality and stagnant wages, are turning against globalization. But embracing nationalism, and blaming immigration and trade, may not help. Quick fixes could do more harm than good. Kimberly Clausing, author and economist, urges reviewing policies to support workers and communities and reform taxes to share the gains of economic growth. She also urges...
Arafat-Al-Yeasin November 13, 2019
The recent embrace of populists and protectionism reflects an overall decline in trust and worries about trade and differences in general. “Unemployment, relocation, poverty, and inequality -- for many people, these are the consequences of a process of global integration, which more and more think has gone too far,” writes Arafat-Al-Yeasin for the Dhaka Tribune. Globalization is the scapegoat,...
Neil Shearing October 24, 2019
Globalization and increased connections through trade, travel, education and more has shaped the world in recent decades, reducing interest rates, costs and inflation. “The integration of several billion workers into the global economy has pushed down labor’s share of income and pushed up the share flowing to company profits,” explains Neil Shearing for Barron’s. “The latter has provided an...
Allan Golombek October 3, 2019
President Donald Trump emphasized national interests, sovereignty and pride in his remarks before the UN General Assembly. Nations that avoid trade, though, could be at a disadvantage, explains Allan Golombek for RealClearMarkets. “Trade is the glue that largely holds together and fortifies the global economy,” he writes. “Unravel it, and the impact makes itself known – quickly.” With rising...
Rajkumar Singh August 2, 2019
Women represent nearly half the world’s population yet confront inequities that include dowry requirements, female infanticide and sex-elected abortions as well as with health, poverty, education and domestic violence. Women should understand that globalization favors self-reliant and self-regulated economic enterprises, suggests Rajkumar Singh, a professor of political science. Securing human...
June 4, 2019
This decade has witnessed a strengthening of economic ties between a number of Middle Eastern countries and China. While previously the Middle East was seen primarily as a petrol station, explains the Economist, with nearly half of China’s oil supplied by Arab countries and Iran, there was little direct foreign investment. The Economist reports that since 2010, Chinese investment has skyrocketed...