In The News

Ernesto Zedillo Ponce de León May 4, 2020
The health and economic shocks of Covid-19 could surpass any challenge of the previous century for Latin America and the Caribbean. Mixed responses – some swift and efficient with a focus on saving lives; others incompetent and political – could devastate the region. With global economic interdependence or not, governments must contend with errors made by other countries. Too many leaders around...
Nayan Chanda May 2, 2020
Travels and globalization have long been linked to new diseases that contributed to the death of millions: In the 1330s, the bubonic plague traveled along trade routes from China to Crimea and Europe. After 1492, European explorers introduced diseases like smallpox and diphtheria to the Americas, ravaging native populations. Such diseases disrupted trade for a spell, but innovations and...
Brendan Borrell May 1, 2020
The US Naval Medical Research Center once had more than 12 labs around the world, developing foreign partnerships to identify emerging disease. A research team identified the avian flu in Indonesia in 2005, though the partnerships had been deteriorating in 1998 over concerns about vaccine sales, suspended aid and spying worries. The 9/11 attacks and the 2008 financial crisis then reduced budgets...
Nouriel Roubini April 29, 2020
Tackling problems swiftly, well in advance, tends to produce better results than waiting for crisis. After the 2007-08 crisis, governments failed to address imbalances and other structural problems. Nouriel Roubini, writing for Project Syndicate, anticipates a lingering depression throughout the decade due to economic risks long in play combined with an uneven pandemic response. He identifies 10...
Douglas A. Irwin April 28, 2020
International trade was already in retreat before the Covid-19. The pandemic will test cross-border supply chains, alliances, investments, travel and other connections. Douglas Irwin, writing for the Peterson Institute for International Economics, warns that protectionist steps to limit trade will slow or even reverse economic growth. He identifies recent eras of globalization: 1870 to 1914,...
Minnie Chan April 28, 2020
Military maneuvers continue in the Taiwan Strait, the South China Sea and the East China Sea, as China, the United States and others manage a pandemic response. “The frequency of such tours has raised concerns among military observers and analysts that these exercises could lead to miscalculation as different countries use their militaries to jostle for greater influence or rattle the sabre amid...
Benjamin Fearnow April 27, 2020
The spread of Covid-19 has put economies on hold, alarming the world, and leaders look for scapegoats. Arkansas Senator Tom Cotton has accused China of releasing inaccurate data on confirmed Covid-19 cases, and called it a “scandal” that US college and universities train so many Chinese. China is the leading source of international students for US colleges and universities. On a television news...