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Within a generation, developing countries will likely account for more than two-thirds of G20 output and nearly 70 percent of global trade. This shift will have major implications for both international relations and global governance.
In their new book, Juggernaut: How Emerging Markets Are Reshaping Globalization, Carnegie’s Uri Dadush and William Shaw explore the broader implications of the rise of developing countries. Carnegie hosted a discussion with Dadush and Shaw, the Brookings Institution’s Kemal Derviş, former head of the United Nations Development Programme, and the Rt. Hon. Mike Moore, the current ambassador and former prime minister of New Zealand and the former director-general of the World Trade Organization. Carnegie’s Moisés Naím moderated.
ALEC HOGG: In this special podcast, from the World Economic Forum (WEF) in Davos studio - we speak with Moisés Naím who is with the Carnegie Endowment for International Peace now Moisés, but cabinet minister in the past, editor as well - your passion though seems to be since I've known you for some years, the illegal economy and it was interesting to note that in the Global Risk Report of the World Economic Forum, for the first time, it really got due recognition.
While the global economy is clearly on the mend and recent data is encouraging, concerns remain over the possible deterioration of the European debt crisis, the potential effects of U.S. counter-cyclical measures (especially QE2), continuing currency tensions, and the fragility of the banking sector in some advanced countries. While the Great Recession is subsiding, in part thanks to the immediate crisis-fighting measures, policy makers are failing to address the structural reforms and regulatory changes necessary to ensure that a repeat of the crisis is avoided, and international policy coordination is proving inadequate to the task.
Amid global tensions over currencies—notably the U.S. federal reserve’s decision to pump more money into the American economy and China’s exchange rate policy—the leaders of the Group of 20 economic powers meet in South Korea this week. In a video Q&A, Moisés Naím analyzes the importance of the G20 meeting, the stability of the global economy, and what leaders from developed and developing countries should do to spur economic growth.
The last decade has seen a marked change in both the scale of competition for resources and the interdependencies such competition entails. At an event hosted by Carnegie Europe, Jean-Marie Colombani, former editor of French daily newspaper Le Monde, and Carnegie’s Moisés Naím discussed the impact of scarcity on global security and world affairs. Fabrice Pothier, former director of Carnegie Europe, moderated.
The Great Recession and European debt crisis have had a profound impact on Europe’s macroeconomy and its public sector. Carnegie hosted Carlo De Benedetti, founder and former CEO and chairman of CIR, Paul A. Laudicina, managing officer and chairman of A.T. Kearney, and Gianni Riotta, editor-in-chief of Il Sole 24 Ore, to discuss how the financial crisis has affected European companies. Carnegie’s Moisés Naím moderated.
Moisés Naím knows what it means to command power. He is the former Minister of Trade and Industry for Venezuela and Executive Director of the World Bank. In an interview with "Tagesanzeiger", Naím explains why today's leaders are struggling to maintain influence and power.
Standing more than 6 feet tall in his black wingtips, Ambassador Thomas Pickering looms over most of his interlocutors in much the same way as he towers over the landscape of U.S. foreign policy. Over the course of what the Washington Post has called "the most dazzling diplomatic career of his generation," Pickering has, among other things, helped to conclude successfully the Gulf War, contend with the outbreak of the Palestinian intifada, face down death squads in El Salvador, and orchestrate U.S. relations with Russia through a staccato series of crises and meltdowns. Yet for all the superlatives attached to his name, Pickering remains — by choice, perhaps — a virtual unknown outside his profession. Here, in a May 1 conversation with FP Editor Moisés Naím, Pickering traces the trajectory of U.S. power from Cold Warrior to Benevolent Hegemon and offers his views on how that power has been wielded, shaped, expanded, and constrained.
A terrorist operating out of a tent in Afghanistan may do more to spur change in the U.S. armed forces than several decades’ worth of blue-ribbon panels, commissions, reports, and initiatives on military reform. For even if the Army, Navy, Air Force, and Marines remain unsuited to taking the lead in disrupting shadowy terrorist networks, the sight of a passenger plane crashing into the Pentagon has once and for all replaced the vision of Soviet tanks bursting through Eastern Europe as the free world’s Nightmare Number One. Will fundamental changes in U.S. military strategy, tactics, and budgets follow? As fate would have it, Foreign Policy had long planned a roundtable discussion with FP Editor Moisés Naím and four of America’s most distinguished retired military leaders for September 12 — one day after the terrorist attacks on American soil. The participants’ cumulative 100-plus years of military experience include enforcing the Dayton Peace Accords in Bosnia, commanding the U.S. 6th Fleet, serving as deputy commander in chief of the U.S. European Command, and heading the Marine Corps Combat Development Command. Delivered in the heat of crisis, their prescriptions for responding to the attacks are thoughtful and wide ranging. And their views on everything from the obstacles to Defense Secretary Donald Rumsfeld’s reform efforts and the amount of waste in the defense budget to the military’s remarkable technophobia are, in many ways, as unexpected as they are provocative.
Migration is as old as history. But the flow of humans across borders today versus that of centuries ago is about as similar as, say, the Mayflower and a shipping container. Roughly 150 million people now live outside their countries of birth. Alien smuggling is a $7 billion a year business. More than 12 million refugees crowd camps and shelters around the world. Regulating this global movement of people was hard even before terrorist attacks turned every border check into a paranoid pat-down. Just ask Doris Meissner, ex-commissioner of the U.S. Immigration and Naturalization Service (INS), who spent seven years dealing with refugee crises, a schizophrenic Congress, and interest groups from the fans of Elián to the friends of Sikhs. And as Meissner pointed out in her conversation with FP Editor Moisés Naím in Washington on January 10, the only thing harder than agreeing on a sensible domestic migration policy is agreeing on a regional or — God forbid — a global one.
FOREIGN POLICY: Some observers have blamed last year’s terrorist attacks against the United States on lax U.S. immigration policies that allowed terrorists to enter the country and move about freely. U.S. Congressman Thomas Tancredo went so far as to conclude that the ins is "incompetent and incapable of protecting the people of the United States." What do you think? Doris Meissner: To blame either our immigration policies or a single agency is just irresponsible, in my opinion.
Larry Summers is to modesty what Madonna is to chastity," wrote Wall Street Journal columnist Paul Gigot in 1995. But if Summers is in fact an immodest man, he at least has much to be immodest about: one of the youngest full professors of economics at Harvard, winner of coveted awards from the National Science Foundation and the American Economics Association, former vice president and chief economist of the World Bank, former secretary of the U.S. Treasury, and now president of Harvard University. (He is also, in addition to his many other institutional affiliations, a member of FP‘s editorial board.) Along the way, Summers established a reputation as an inspirational teacher, injected a healthy pragmatism into an often-abstract social science, helped douse financial fires around the world, and — not least — alienated more than a few onlookers and colleagues with his take-no-prisoners brand of intellectual combat. Here, in a conversation with FP Editor Moisés Naím in May, Summers takes on his critics, offers his views on everything from the state of the global economy to distance learning, and explains how Larry Summers, the academic economist, learned to live with Larry Summers, the public servant.
There are plenty of people who argue that the financial crisis is a severe setback for globalisation. Come to think of it, I am one of those people. In a column I wrote just after the Davos meeting, I argued that you could see the process of globalisation going into reverse.
Moisés Naím gave a talk about his book "Illicit: How Smugglers, Traffickers and Copycats Are Hijacking the Global Economy" in a program sponsored by the Library's Hispanic Division. His book is based on exhaustive research throughout the world, and his presentation focused on the tremendous growth of illicit trade across all international borders that threatens legitimate commerce, which has to abide by national and international regulations.
Moises Naim , editor of Foreign Policy magazine and author of " Illicit: How Smugglers, Traffickers and Copycats are Hijacking the Global Economy ," was online Tuesday, May 30, at 2 p.m. ET to discuss his Sunday Outlook article on how today's fluid and non-traditional borders pose unique security challenges. Naim says that in the 1990s "political unions, economic reforms and breakthroughs in technology and business came together to revolutionize the world's borders." Globalization and increasing technology changed how business transactions, legal and otherwise, take place and have altered long-held concepts of sovereignty.
Carnegie's President Jessica T. Mathews led a conversation between the audience and Foreign Policy editor Moisés Naím, SAIS Professor Francis Fukuyama, and Washington Post columnist David Ignatius on the main thesis of Naím's important new book Illicit: How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy. Naím argues that traffickers are changing the world—transforming economies, reshaping politics, and capturing governments. In his view the pursuit of illicit profits is as powerful a driver of political upheaval and international instability as terrorism, and black-market networks are stealthily transforming global politics and economies.
Carnegie hosted a roundtable event and panel discussion on the lessons offered by past experiences in the management of America 's global interests. The session examined whether the current organization of U.S. foreign policy around the War on Terror and democracy promotion is sustainable or whether a new set of concerns should be considered.