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Global News

Page history last edited by Michael Chapman 13 years, 9 months ago
  • GLOBAL NEWS: In spite of India's recent growth and economic jump, malnutrition remains a constant among Indian children. On March 16, 2009, in the article "As Indian Growth Soars, Child Hunger Persists," The New York Times stated " China, that other Asian economic powerhouse, sharply reduced child malnutrition, and now just 7 percent of its children under 5 are underweight, a critical gauge of malnutrition.  In India, by contrast, despite robust growth and good government intentions, the comparable number is 42.5 percent."  The reasons behind the malnutrition within the Indian poor are due to the lack of attention the poor have received during this surge.  Some say China is to blame because of the example they have set for India.  As the different economies across the world take a "Roller Coaster" ride, continually going up and down, many people are suffering whether it be physical, mental, or financial.  Read the complete article at: http://nytimes.com

 

 

  • "A Global Retreat As Economies Dry Up" - Washington Post - March 5, 2009.  Today, in an article by Anthony Faiola, The Post suggests that the period of globalization that started in the 1980s may be coming to an end. Citing examples from around the world, The Post says that the global economic situation may lead to reversal of the trend toward integration of global economies. "The collapse of globalization . . . is absolutely possible," said Jeffrey Sachs, a noted American economist. "It happened in the 20th century in the wake of World War I and the Great Depression, and could happen again. Nationalism is rising and our political systems are looking inward, the more so in times of crisis." Read the complete article at: http://www.washingtonpost.com/

  

 

  • In a more recent article, "A Lethal Shakeout," by Stephen S. Roach, it talks about how globalization has become a dominant force among our failing economy.  In the article it states, "A second megaforce at work is globalization - the cross - border linkages that during the past decade have increasingly taken form of trade flows, information flows, capital flows, and labor laws." This can lead to the question, "Is globalization good or bad?"

 

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