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Globalization

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Comment, Nov/Dec 2009
Losing Controls premium content icon
Mitchel B. Wallerstein

Strict export restrictions are making U.S. businesses less competitive and the country less secure. Policymakers must craft new regulations to help, rather than harm, U.S. interests.

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Snapshot,
October 16, 2009
Dollars Without Borders
Dilip Ratha

The global flow of remittances represents the link between migration and development. If the world's largest economies are serious about recovery, they should make money transfers as easy and cheap as possible.

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Essay, Sep/Oct 2009
The Default Power
Josef Joffe

Since the United States first became a global superpower, it has been fashionable to speak of its decline. But in today's world, the United States' economic and military strength, along with the attractiveness of its ideals, will ensure its power for a long time to come.

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Essay, JUL/AUG 2009
Globalization in Retreat
Roger C. Altman

The popularity of the U.S. economic model is waning. To put globalization back on track, President Barack Obama must articulate the benefits of open markets and free trade.

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Postscript,
May 8, 2009
Where the Wild Things Are
William B. Karesh

How studying animal and human disease together could help prevent and treat the next pandemic.

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Essay, May/June 2009
State Capitalism Comes of Age
Ian Bremmer

Across the world, the free market is being overtaken by state capitalism, a system in which the state is the leading economic actor. How should the United States respond?

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Response, May/June 2009
Comparing Crises
Robert Madsen; Richard Katz

Does the current financial crisis resemble Japan's "lost decade" of the 1990s? It may be even worse, argues Robert Madsen. Not so, replies Richard Katz.

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Postscript,
March 17, 2009
Yes, Globalization Passed Its Peak
Rawi Abdelal and Adam Segal

The international financial crisis has thrown the forward march of globalization into question. If the United States and others can learn from the crisis and control borrowing, then the positive potential of global trade and finance may be restored.

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Letter From,
March 12, 2009
Letter From London: One Market, Many Peoples
Jeremy Shapiro

In the United Kingdom, backlash against workers from other countries in the European Union is growing. Any measures to limit foreign labor, however, may threaten the future of the European common market.

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Essay, Nov/Dec 2008
Freight Painpremium content icon
Marc Levinson

The golden age of globalization is over due to slower, costlier, and less certain transportation. In retrospect, Americans may lament too little globalization, not too much.

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In the Magazine

November/December 2009 / 6, 88
Essay
The Dollar and the Deficits
C. Fred Bergsten

The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
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