Development

Foreign Affairs Article

Banned Aid

Author: Jagdish N. Bhagwati

As the Zambian economist Dambisa Moyo argues, the concept of foreign aid is flawed -- not just because corrupt dictators divert aid for nefarious or selfish purposes but also because even in reasonably democratic countries, aid creates perverse incentives and unintended consequences.

See more in United States; Foreign Aid

Foreign Affairs Article

The Better Half

Author: Isobel Coleman

Efforts to provide the world's women with economic and political power are more than just a worthy moral crusade: they represent perhaps the best strategy for pursuing development and stability across the globe.

See more in Women; Economic Development; Global

Foreign Affairs Article

Freight Pain

Author: 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.

See more in Globalization; Global

Foreign Affairs Article

A New Deal for Globalization

Authors: Kenneth Scheve and Matthew J. Slaughter

Globalization has brought huge overall benefits, but earnings for most U.S. workers -- even those with college degrees -- have been falling recently; inequality is greater now than at any other time in the last 70 years. Whatever the cause, the result has been a surge in protectionism. To save globalization, policymakers must spread its gains more widely. The best way to do that is by redistributing income.

See more in United States; Globalization; Labor

Foreign Affairs Article

Let Women Rule

Author: Swanee Hunt

Although women have made large strides professionally over the last century, politics remains a man's world. Significant barriers stand in the way of more women assuming positions of political leadership -- not least women's own attitudes. If serious efforts are not made to break down these barriers, the world will miss out on the benefits that women can bring to policymaking.

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Foreign Affairs Article

College Goes Global

Author: William Brody

The market for higher education, like others, is becoming increasingly globalized -- and dominated by U.S. institutions. But despite predictions that U.S.-based global universities will surge as geographic and disciplinary barriers come down, the era of the global "megaversity" may not quite be at hand.

See more in China; Education

Foreign Affairs Article

Has Globalization Passed Its Peak?

Authors: Rawi Abdelal and Adam Segal

Not long ago, the expansion of free trade worldwide seemed inevitable. Over the last few years, however, economic barriers have started to rise once more. The forecast for the future looks mixed: some integration will probably continue even as a new economic nationalism takes hold. Managing this new, muddled world will take deft handling, in Washington, Brussels, and Beijing.

See more in Trade; Globalization; Global