Globalization Doesn’t Have to Be a Winner-Take-All Deal

Free Trade Delivers Big Benefits, Panelists Say, but Workers Need Help and Protection

California has benefitted greatly from globalization—from cheap T-shirts, to leaps in technology, to proximity to Asia, to its agricultural exports. Why, then, is it disparaged by political leaders—as dissimilar as President Trump and Sen. Bernie Sanders—as a boon to very few, at the expense of most? This was the question at the heart of a lively Zócalo/UCLA event entitled “Does Globalization Only Serve Elites?” before a packed house at the National Center for the Preservation of Democracy in Little Tokyo in Los Angeles.

Or, as moderator Steven Greenhouse, a former labor …

By Sara Catania | March 16, 2017

Good Riddance to the World Bank’s “Developing” Nations

To Replace the Recently Retired Term, We Need a Sliding Scale of Responsibilities and Assistance

By Charles Kenny | June 1, 2016

There aren’t any developing countries any more. That, at least, according to the World Bank, which has banned the term from the latest printing of the World Development Indicators, its …

Greece Doesn’t Need a Bailout—It Needs Investors

The Global Financial System Needs to Look Beyond Loans If It Wants to Avoid Future Trainwrecks When Financing Growing Nations

by Bhagwan Chowdhry | July 15, 2015

Greek negotiators and their European counterparts have blinked, having tiptoed up to the cliff of European disunion, looked down, and decided not to take the plunge. Global markets have …

Arizona Could Become the Gateway to the Americas

Trade, Tourists, and Warm Welcomes Are Already Bringing Mexico and the Southwest Closer Together

by Joe Mathews | June 5, 2015

Arizona and Mexico, separated at birth? Panelists at a Zócalo/Azteca event at the Heard Museum in Phoenix didn’t go that far. But in a wide-ranging conversation about Mexico’s economic rise …

The U.S.-Mexico Border Is Booming

Forget about the Asian Tigers and Benelux. The Next Economic Powerhouse Is Where the North and South Converge

June 4, 2015

Mexico is becoming a vibrant middle-class nation. Already, it is the largest trading partner of California, Texas and Arizona, and is responsible for hundreds of thousands of jobs across the …

global economy