The process of globalization continues to produce new surprises. Thomas L. Friedman, whose 1999 classic “The Lexus and the Olive Tree” has been translated in 30 languages, offers an update on globalization since his last interview with YaleGlobal editor Nayan Chanda a year ago. Friedman says that...
Thomas L. Friedman
The following is a partial transcript of Nayan Chanda's interview with the New York Times foreign affairs columnist Thomas Friedman conducted on March 25, 2004.
Nayan Chanda:...
Globalization is not an inevitable, irreversible trend. With the destruction of World War I, increasingly integrated global economic structures began to unravel, collapsing during the Great Depression of the early 20th century. Our more recent era of globalization faces two major threats -...
Can terrorism throw sands in the wheels of trade? Enlarged image
The pundits writing about globalization sometimes call it inevitable, but historians remind us that there was an earlier period about a century ago when economic globalization (1...
Governments have long encouraged minimal or no taxation in free trade zones and freeports to encourage commerce and economic activity, and the concept of secure warehouses for luxury goods in transit began with the Geneva Freeport in the late 19th century. Such complexes expand worldwide as...
The art of hiding: An Etruscan sarcophagus stored by a shell company in a Swiss freeport was later returned to Italy; museums can warehouse treasures, too (Source: New York Times, AP)
SAN FRANCISCO: An archipelago of tax-free storage facilities...
Surrogacy Bill 2019 may cripple an industry that has flourished in India since 2002. “The stringent bill under consideration bans all forms of commercial surrogacy, stating that women who agree to carry babies to delivery as surrogates must agree to do so for ‘altruistic’ reasons and must be ‘close...
It’s complicated: Cross-border arrangements, monetary payments and inequality add complications to parenthood; India continues tightening restrictions on commercial surrogacy that once allowed women to carry children for parents like Phil Copland...
The world has more than 70,000 confirmed cases of Covid-19. All but a few hundred are in China. The emergence and rapid spread of the new coronavirus, in the same family as the common cold, has alarmed public health officials. Authorities apply a range of controls: Quarantines separate those...
Soccer is the most globalized sport. Owners of any sporting team demand and pay for top talent from anywhere in the world. Before 1995, soccer rules in Europe limited the number of foreign players to a handful per club. A Belgian player successfully protested that the rules violated European laws...
World at play: Brazilian-German football player Cacau (Claudemir Jeronimo Barretto), scores a goal for Germany against AustraliaCOLLEGE PARK: For many of the billion spectators who watch the soccer World Cup opening in Rustenburg, South Africa, the...
More women pause before rushing into marriage. Historically, the institution represented women's only path for financial security, but social and economic pressures have subsided in advanced economies. Research studies along with cultural and demographic trends support decisions to delay...
Singular happiness: Single American women enjoy an evening out, while one in seven Japanese women remain single
NEW YORK: Evidence concerning the state of marriage strongly suggests that women should give serious thought before making the momentous...
Bitcoin’s excellent performance in 2019 has attracted investors from banks and asset managers once again, despite past worries about the currency’s reputational risk, lack of regulation, and volatile returns. In 2017, bitcoin went above US$20,000, prompting Wall Street banks to rush and develop...
