Economics and Globalization News

How Modi’s Evolution From Pariah to Pop Star Could Boost U.S.-India Ties

Oct 01, 2014
"There is something distinctly American about Mr. Modi. His rise from a tea-seller’s son to high office through hard work and a strong embrace of the free market is reminiscent of a Horatio Alger rags-to-riches tale. Additionally, Mr. Modi’s courtship of the Indian diaspora and U.S. business is freighted with positive implications for bilateral ties," says Michael Kugelman.

Iran’s Dinner Diplomacy

Sep 30, 2014
"It’s crunch time for diplomacy on Iran’s controversial nuclear program." Last year, President Rouhani answered Obama's question of possible coöperation on other matters with a "Persian proverb: 'Let’s raise the baby we just gave birth to before we have another.' This year, given the success of ISIS, the Iranians seem to be in a bit more of a hurry to get that process started" says Robin Wright.
Data. Image from Flickr.

What is the reality? - The Expert Take

Sep 26, 2014
With time, the coverage, quality, and timeliness of economic data published in Mexico has changed. The National Institute of Statistics and Geography (INEGI for its Spanish acronym) does quality work but has paces and delimited periods for technical reasons. Banco de México (the central bank of Mexico) does the same. On the other side, the Ministry of Finance (SHYCP for its acronym in Spanish) has declined in detail and timeliness. In other agencies, the information is published with substantial delays.

Ironies in Obama’s U.N. Address

Sep 25, 2014
"As Washington teams up with autocratic regimes–some of which notoriously use the cover of their faith to justify unfair policies–the United States may have credibility problems among the very people it hopes to help," writes Robin Wright.

INFOGRAPHIC: Interlinked U.S.-China Food Trade

Sep 22, 2014
Rising demand for meat and resource constraints are pushing China to look overseas. At the same time, China's food security continues to be haunted by food safety scandals - from melamine-laced milk to adulterated meat. These issues are opening up new opportunities for U.S.-China business.

Chile como potencia alimentaria y el desafío chino

Sep 18, 2014
Latin American Global Fellow Jorge Heine, who was recently appointed as Chile's ambassador to China, is the author of this article about the expansion of food exports from Chile to China. This article is in Spanish.

The Ukrainian Crisis is at a Point of No Return

Sep 10, 2014
"As Russia continues to set the agenda on Ukraine and the West continues to implement the same ineffective strategy, Ukrainians feel increasing abandoned," writes Alina Polyakova.
Webcast

Can China Prevent “Western Cultural Infiltration?”

Aug 29, 2014
Chinese leaders have identified U.S. and Western culture as threats to Chinese values and society. But as China becomes more engaged with the world, is it possible to encourage foreign investment while avoiding the power of pop culture?

Raising Mexico's minimum wage

Aug 27, 2014
A debate has recently emerged regarding the issue of raising Mexico’s minimum wage. Proponents call attention to the fact that the minimum wage is much lower than other countries in Latin America. Others fear an increase in the minimum wage would spark inflation and warn that this debate is used as a distraction from the real issue of increasing productivity.
Image Credit “Cows”  courtesy of Flickr user JvL

TPP and Canada: Wishful Thinking on Supply Management?

Aug 26, 2014
As Canada wraps up its Comprehensive Economic and Trade Agreement (CETA) with the EU, it remains deeply involved in another very ambitious multilateral negotiation: the Trans Pacific Partnership (TPP). Canada became an observer to the TPP negotiations in 2010, but did not become a full member until 2012 because New Zealand, one of the founders of the TPP negotiations, and the United States held up Canada’s request due to concerns about Canada’s supply management of dairy, poultry, and eggs, as well as the longstanding U.S. complaint about Canada’s lack of protection for intellectual property rights. So when Canada and Mexico announced they would like to join the TPP negotiations, trade observers asked out loud if Canada would be willing to disband its supply management. Accession to the negotiations meant accepting the rules at the time of accession, and New Zealand, having liberalized its dairy industry over the last decade or so, was not about to give Canada a pass on supply management.

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