The growth of vast government-controlled investment funds abroad means foreign governments will increasingly have a say in how corporate America is run, writes Sebastian Mallaby.
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.
In the Spring/Summer 2007 issue of The Cato Journal, Peter Kenen claims that the United States has become the largest single beneficiary of financial globalization, and we may have to pay a high price for that privilege.
Watch experts discuss broader global economic trends, such as the global labor market, China's changing role in the world economy, and the backlash against globalization, in this special edition of the Council's signature World Economic Update Series.
Listen to experts discuss broader global economic trends, such as the global labor market, China's changing role in the world economy, and the backlash against globalization, in this special edition of the Council's signature World Economic Update Series.
In the Boston Review, Nancy Birdsall discusses the effect of economic inequality on development promotion and globalization.
In the Chicago Fed Letter, Robert Thompson looks at the costs and benefits of globalization to the United States.
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.
Listen to Manjeet Kripalani, the Council's Edward R. Murrow Press Fellow, lead a discussion with students on India and globalization as part of the Council's Academic Conference Call Series.
Listen to Jerry Muller, professor of history at the Catholic University of America, discuss the future of globalization, as part of the Council's C. Peter McColough Series on International Economics.
Watch Jerry Muller, professor of history at the Catholic University of America, discuss the future of globalization, as part of the Council's C. Peter McColough Series on International Economics.
Allan Hubbard, Assistant to the President for Economic Policy and Director of the National Economic Council, speaks about the state of the economy and the president’s American Competitiveness Initiative.
The French government's backdown on plans to reform youth labor laws has raised concerns about the country's ability to adapt to globalization, as well as how failure to pass the law will impact the continent.
This report by the Institute of Defence and Strategic Studies in Singapore examines the roots and ramifications of military-industrial globalization in South Asia, locating them firmly within the dynamic military cultural context of the subcontinent's history. In so doing, it stives to redress perceived imbalances in the contemporary emphasis of current debates about the nature and impact of globalizing supra-national forces. It also seeks to review possible implications of long-term trends and patterns for the future security of the region.
This policy paper discusses the relationship between U.S. philanthropic institutions and the evolving transatlantic alliance.
Marten outlines how U.S. policymakers can deter Russian aggression with robust support for NATO, while reassuring Russia of NATO’s defensive intentions.
Segal offers recommendations for cooperation on issues such as encryption, data localization, and cybersecurity.
Knopf argues that the only remaining path for South Sudan is for an international transitional administration to run the country for a finite period.
The definitive account of the secret war in Laos, which forever changed the CIA from a relatively small spying agency into an organization with vast paramilitary powers. More
CFR President Haass argues for an updated global operating system to address challenges from terrorism to climate change. More
Alden provides an enlightening history of the last four decades of U.S. trade policies and a blueprint for how to keep the United States competitive in a globalized economy. More
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.
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