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...potential for social and political unrest will be high, as an estimated 10 million peasants leave their land to search for new work in the cities. Even the executives and heads of government oohing and aahing at the fireworks in Shanghai at October's Asia Pacific Economic Cooperation forum wonder to what extent China will play by the rules or find clever bureaucratic ways to keep goods and services out, as Japan and Korea often have done...
...nice gesture of solidarity when the World Economic Forum shifted its annual gathering to New York City from its usual site in Davos, Switzerland. But already we're hearing wistful whispers from some who plan to attend the conference at the end of January and say they will miss the Swiss ski resort's quiet charm. They lament that they often can't tell whether their dinner partner said "four milling daughters" or "40 million dollars" in Manhattan restaurants where the tables are inches apart and the music is set on stun...
Still, free traders like me--and like most of the business and government leaders who will gather in New York City at the end of the month for the annual meeting of the World Economic Forum--shouldn't just trot out our beliefs as if they were some divine revelation. If we are honest, we need to confront two uncomfortable truths. The first is that globalization has losers as well as winners. When an economy first opens itself up to international competition through trade, those in protected industries and traditional occupations may indeed see declines in their income. Second, there...
Gordon Li, the IOP’s director of communications and outreach, says the IOP’s restructuring has made its decision-making process more transparent, attracting more students. Li estimates that 150 students attended the advisory committee to the Institute’s Forum at the beginning of the year. Even at the end the semester, when participation usually drops, 75 to 80 students were still active...
Gordon Li, the IOP’s director of communications and outreach, says the IOP’s restructuring has made its decision-making process more transparent, attracting more students. Li estimates that 150 students attended the advisory committee to the Institute’s Forum at the beginning of the year. Even at the end the semester, when participation usually drops, 75 to 80 students were still active...