Development

Foreign Affairs Article

Capitalism and Inequality

Author: Jerry Muller

Inequality is rising across the post-industrial capitalist world. The problem is not caused by politics and politics will never be able to eliminate it. But simply ignoring it could generate a populist backlash. Governments must accept that today as ever, inequality and insecurity are the inevitable results of market operations. Their challenge is to find ways of shielding citizens from capitalism's adverse consequences -- even as they preserve the dynamism that produces capitalism's vast economic and cultural benefits in the first place.

See more in Financial Markets; Poverty

Foreign Affairs Article

Mexico Makes It

Author: Shannon K. O'Neil

Even as Mexico continues to struggle with grave security threats, its steady rise is transforming the country's economy, society, and political system. Given the Mexico's bright future and the interests it shares with the United States in energy, manufacturing, and security, Washington needs to start seeing its southern neighbor as a partner instead of a problem.

See more in Mexico; Economic Development; Latin America and the Caribbean

Foreign Affairs Article

Own the Goals

Author: John W. McArthur

Since their inception in 2000, The Millennium Development Goals have revolutionized the global aid business, using specific targets to help mobilize and guide development efforts. They have encouraged world leaders to tackle multiple dimensions of poverty simultaneously and provided a standard for judging performance. As their 2015 expiration looms, the time has come to bank those successes and focus on what comes next.

See more in International Organizations and Alliances; Poverty; Global

Ask CFR Experts Asked by Fagner Dantas, from Universidade Federal da Bahia

Globalization refers to the increasing ease with which goods, services, capital and people can move across the world, which has been accelerated by advances in technology and government policies to reduce barriers. In terms of reducing poverty in as many countries as possible, there is no question that globalizationcontinues to be beneficial, even after the 2008 financial crisis. Poverty continues to fall worldwide at a rapid rate, and countries most integrated into the world economy have seen the biggest reductions in poverty. But it is also true that even before the crisis, the gains from globalization were not spread evenly. Though millions have been lifted out of poverty and everyone benefits from cheaper consumer goods and the opening of new export markets, there are still winners and losers.

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See more in Global; Globalization; Financial Crises

Ask CFR Experts

Is China still “rising” or has it already “risen”?

Asked by Lauren Billi, from New York University

Both are accurate. China certainly "has risen" to become a global economic power: in only three decades, it has transformed itself into the world's second largest economy, largest exporter, and largest provider of loans to the developing world. At the same time, China is rising: its economic and political system, as well as its foreign policy, is still developing. To state categorically that China "has risen" is to accept that the China of today will be substantially the same as the China of five to ten years from now, and few people in or outside China would accept such a conclusion.

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See more in China; Economic Development

Ask CFR Experts

Should the United States continue to provide economic aid to Egypt?

The Egyptian uprising presents a rare opportunity for the United States to resolve the tension between its strategic priorities in the Middle East and its desire to support democratic change in the region. Washington's past approach to aiding Egypt was based on relations with authoritarian leaders who could be counted on to advance the United States' interests. With the fall of Hosni Mubarak and Egyptian efforts to build a more open political system, a policy based on "authoritarian stability" is no longer possible, and the United States is now forced to alter the way it appropriates and distributes bilateral assistance.

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See more in Egypt; Foreign Aid

Article

Malala, Others on Front Lines in Fight for Women

Author: Gayle Tzemach Lemmon
cnn.com

Despite the fact that Malala Yousafzai, the fourteen-year-old Pakistani women's rights activist, survived an assassination attempt by the Taliban, similar attacks against women, like the one in India, are on the rise. Gayle Tzemach Lemmon says that these attacks are efforts to stamp out women's progress and the potential of women worldwide will not be realized if this type of violence is tolerated.

See more in Afghanistan; Pakistan; Women; Children