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Global Economy

If Only Michelle Obama Knew What I Was Doing When She Was in China...

EF Education First | Posted 04.17.2014 | Education
EF Education First

By Carolyn Cross Michelle Obama recently traveled to China with her daughters and mother to promote cross-cultural exchange, education, and the power...

Bad News For China's Economy Could Have Global Ripples

AP | By JOE McDONALD | Posted 04.16.2014 | World

BEIJING (AP) — China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to ...

The Gulf Should Pivot East and Build the 'New Silk Road'

Dr. Nasser H. Saidi | Posted 04.15.2014 | World
Dr. Nasser H. Saidi

A new multi-polar world has emerged over the past 30 years that has shattered the post-WW II paradigm and structure, and the near hegemony of the US whose economic, financial and military power is waning.

The G20 Nations: Tracking the Globalization of Science and Innovation

Christopher King | Posted 04.14.2014 | Science
Christopher King

With the global landscape shifting and new national and regional powerhouses emerging, countries long established as eminent in science have begun to cede their shares of worldwide research output as well as their dominance in producing the most influential results.

The World is Flat - Again!

Matthias Paul Kuhlmey | Posted 04.11.2014 | World
Matthias Paul Kuhlmey

Our global economy is still in flux, and much of the world is "hooked" on cheap money. The abrupt change or repricing of those conditions could lead to severe volatility in financial markets.

April Showers Hit Markets: Bring an Umbrella to Trade

Terry Connelly | Posted 04.11.2014 | Business
Terry Connelly

Forces at work from Tokyo to Kiev have been roiling the U.S. stock market for a couple of week. But the financial sushi that is now on the menu in Japan, and Russia's "Crimea of the Century" are only part of the story.

Why Third World Economies Are Catching Up To Us

Gil Laroya | Posted 04.08.2014 | Business
Gil Laroya

So I'm at lunch with my friends Jeff and Sharyn. They are experienced business development folks who work with a large corporation. As we discuss busi...

Good Afternoon, Vietnam: A Revolutionary Small Business Impetus and I Learned About It on Skype (Part 2)

Steve Mariotti | Posted 04.01.2014 | Business
Steve Mariotti

As exciting as the social enterprises presented were, the most interesting and perspective-changing lesson for me was the Vietnamese flat tax.

Good Afternoon, Vietnam: A Revolutionary Small Business Impetus and I Learned About It on Skype (Part 1)

Steve Mariotti | Posted 04.01.2014 | Business
Steve Mariotti

In growing economies like Vietnam's, we are seeing innovations in business--through both national and foreign investments. But the government, almost 40 years after the US left, is also empowering social enterprises with its reforms.

Good Governance Matters in Whether Societies Go Backward or Forward

Kemal Dervis | Posted 03.17.2014 | World
Kemal Dervis

It is the nature of governance that determines whether people deploy their talents and energy in pursuit of innovation, production and job creation, or in rent-seeking and lobbying for political protection. The contrast is starkest in emerging countries, but differences also exist among the advanced economies.

IMF Issues Inequality Warning

AP | CHRISTOPHER S. RUGABER | Posted 04.03.2014 | Business

WASHINGTON (AP) — The International Monetary Fund warned Thursday that wide income inequality can slow economic growth and is proposing ways to redu...

CSR 2.0: Prescription for a Better Future

John Friedman | Posted 03.13.2014 | Business
John Friedman

In my last blog I explored the shortcomings of the current model of Capitalism with CSR thought-leader Dr. Wayne Visser. Today I look at how CSR can e...

Secular Stagnation: A Working Pair of Scissors Needs Two Blades

Otaviano Canuto | Posted 03.12.2014 | Politics
Otaviano Canuto

There is a core divergence among some "Keynesian" and "Schumpeterian" economists who have proposed stagnation hypotheses; each camp points to different underlying factors for continued anemic levels of growth.

Creative Age Cities

John M. Eger | Posted 03.09.2014 | Arts
John M. Eger

What makes people creative and innovative is still being debated. Clearly our schools and the educational curriculum must change. But what too, about the communities where young people spend more than half their lives and where their families, friends and fellow citizens live and work. Communities, indeed whole cities, need to reinvent themselves.

Reimagining Cities

John M. Eger | Posted 03.08.2014 | World
John M. Eger

According to the New Cities Foundation, a new independent non-profit with offices in Geneva and Paris: " Over the next decade, some $ 250 billion wil...

Public Education and Job Readiness: Why Is There a Disconnect Between Available Jobs and Qualified Employees?

Peter Smirniotopoulos | Posted 03.03.2014 | Education
Peter Smirniotopoulos

What employers require from the marketplace aligns neither with the skill-sets of workers from the "old economy" nor with what our educational institutions are creating in terms of the competencies and knowledge bases of their respective graduates.

The Power of Global Learning: Making the Foreign Familiar

Angela Jackson | Posted 02.26.2014 | Impact
Angela Jackson

How can you hear about or even care about a global economy when your world exists in a five-block radius?

From The Ivory Tower Kitchen: Local Food for Global Thought

Hari Pulapaka, Ph.D., C.E.C. | Posted 02.25.2014 | Food
Hari Pulapaka, Ph.D., C.E.C.

The first time I used the phrase "I am a citizen of the world" publicly, it was as a junior faculty member during a somewhat heated academic debate fo...

G20 Finance Ministers in Need of Some Old 'Know-how': Jobs and Decent Wages

Sharan Burrow | Posted 02.21.2014 | Business
Sharan Burrow

Listening to optimistic talk of an economic recovery among the world's financial elites is a bit like hearing a smoker describe their latest heart attack as they light up another cigarette.

Public Education and Job Readiness: Where Have All the Jobs Gone?

Peter Smirniotopoulos | Posted 02.20.2014 | Education
Peter Smirniotopoulos

To what extent has public education kept pace with the changing requirements of the U.S. labor force in order for the population to be gainfully employed in a variety of these 21st-century pursuits?

Finally, the End of the Five-Year Armageddon Trade?

Terry Connelly | Posted 02.18.2014 | Business
Terry Connelly

Plenty of worry for the famous wall that markets often climb, but no Armageddon's on the horizon. Maybe we can get back to "normalcy" after all, even with increased market "volume" more to the upside.

Trade Yes, But a Different Track

Larry Cohen | Posted 04.06.2014 | Politics
Larry Cohen

Voters overwhelmingly expect the TPP to be a good deal for large corporations at the expense of small businesses:

Global Markets Plunge

Reuters | Marc Jones | Posted 04.06.2014 | Business

LONDON, Feb 4 (Reuters) - World shares slumped to near a four-month low on Tuesday as signs of a slowdown in the U.S. economy aggravated the anxiety c...

China and Emerging Markets: Riding Wild Horses

Otaviano Canuto | Posted 04.05.2014 | Politics
Otaviano Canuto

The world has kept close watch on the ongoing downward adjustment of China's shadow banking system -- credit intermediation involving entities and activities outside the regular banking system -- with the near-default of a large trust product during the last few weeks being part of the worrisome news coming from the country.

It's About Time, and Long Overdue

Darryl Woodard | Posted 04.01.2014 | Politics
Darryl Woodard

"I ask you to ensure that humanity is served by wealth and not ruined by it." -- Pope Francis message to the World Economic Forum Meeting 2014 The Wo...