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Free trade agreements between the West (U.S. and EU) and Middle East and North African (MENA) countries, while containing beneficial elements, have strengthened negative perceptions of “western-led globalization” because they benefit unpopular elites and impose serious short term economic adjustment.
The authors of a new policy report discussed the impact of foriegn investment on sustainable development in Latin America.
U.S. Treasury Secretary Henry M. Paulson, Jr. reviewed progress made under the U.S.–China Strategic Economic Dialogue.
Pakistan has experienced uneven performance in achieving human development goals. These poor results are due to a lack of investment: the country spends only about 2.5% of GDP on health and education, whereas most countries that have grown on a sustained basis have spent at least 7%.
To ensure world stability, a private sector–dominated superclass driving globalization needs reining in.
Of the world's elites, none has flown higher than those who have led the financial community. The re-engineering of international finance has been one of the transformational trends of our times - in just a quarter-century, capital flows became massive, instantaneous and controlled by a new breed of traders representing a handful of major financial institutions from a few countries. Their rewards have transcended any in history as shown by an estimate by Alpha Magazine that the top hedge fund manager last year made $3bn.
A new study reveals that although many poor households will require urgent assistance because of rising food prices, more are likely to gain than lose. The Doha round could help by allowing developing countries the policy tools they need to build up their own agricultural sectors; increasing food supply in the medium term; and shielding the poor from market failures that can affect their survival.
Secretary K.C. Chan of Hong Kong's Financial Services and Treasury speaks on how Hong Kong will continue to serve in its unique role as the bridge between the global financial markets and the booming economy in China.
African activists are resisting China’s growing presence in Africa, citing China’s support for autocrats like Zimbabwe’s Robert Mugabe and importation of Chinese labor as primary concerns. Western concerns about Chinese influence in Africa have nevertheless intensified.
The Carnegie Endowment is proud to announce its third annual Carnegie Junior Fellows Conference, the premier event for young professionals in the field of foreign policy: "A New Authoritarian Moment? Emerging Alternatives to Liberal Democracy," April 29, 2008.
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