In The News

Avi Salzman and Nicholas Jasinski March 18, 2019
The bout of protectionism and transactional approaches to trade will linger even after China and the United States reach a trade agreemen. “Globalization is being overwhelmed by populism, nationalism, and protectionism,” explain Avi Salzman and Nicholas Jasinski for Barron’s, adding that globalization has long moved in cycles and is “no longer the dominant force.” Trade growth has slowed,...
Yan Xuetong February 16, 2019
US Vice President Mike Pence’s 2018 speech at the Hudson Institute, stopping short at inaugurating a new Cold War, bluntly enumerated China’s encroachment on US interests. His words illustrated the Trump administration’s perception of the rising power in the East, one determined to replace the United States in the global order. Yan Xuetong writes in Foreign Affairs that China does not seek an...
Chris Morris February 1, 2019
The United Kingdom, as an EU member, shares four decades of laws on trade, immigration, finance, health and safety, and more. If the EU and the UK part ways with no deal or extension for the negotiations and if the UK does not prepare replacement laws, that could pose uncertainty and serious disruption in most policy areas, reports Chris Morris for the BBC news. The report outlines progress on...
Moisés Naím January 28, 2019
Some political camps reject their opponents’ plans so much – even those supported by hefty majorities of citizens – that they refuse any cooperation, preferring shutdowns and chaos. Such is the case in the United States, Great Britain and numerous other democracies. The angry stubbornness associated with polarization is spreading worldwide, weakening most democracies. “Before, democratic...
Ann Pettifor January 26, 2019
Citizen majorities who support action on climate change or a tax system that reduces inequality must find political courage to battle moneyed interests. Citizens in nations with sound taxation systems hold more power than they realize. Taxpayers can demand that public debt target the public interest – as former US President Franklin D. Roosevelt accomplished during the Great Depression and some...
Edward Goldberg December 30, 2018
Old forms of globalization linked to fear and nationalism – as “angry minority based coalitions determined the fate of the majority” – have reemerged over the past year, explains Edward Goldberg. He offers a list of the top globalization events for 2018 for Salon, and for each the world can repeat history or learn from past events to avoid trouble: After 40 years of opening to the global economy...
Melina Kolb December 26, 2018
Perhaps it is human nature as so many people take credit for their every success but blame others – trade, migration, technological advances and other facets of globalization – for their woes. The Peterson Institute for International Economics undertakes the task of reminding about the age-old processes of globalization, urging an understanding of the relative costs and benefits to avoid the...