As the annual spring meetings of the World Bank and the International Monetary Fund commence, the world’s economic future appears brighter than it has in some time. The international financial institutions, not to mention many private-sector actors, are projecting significantly faster growth this year than in 2016. Is their buoyant outlook warranted?
On April 22, scientists from around the world marked Earth Day by participating in an unprecedented “March for Science.” The aim of the march was to “celebrate and defend science at all levels – from local schools to federal agencies.” For the rest of the world, it is important to understand why the usually sedate community of scientists will be leaving their labs and offices to take to the streets in a global demonstration of concern
Most reports about globalization in recent years have focused on its problems, such as declining levels of trade and the abandonment of “mega-regional” trade agreements. Indeed, US President Donald Trump has now terminated the Trans-Pacific Partnership (TPP) – a trade deal among a dozen Pacific-rim countries, including the United States and Japan; and negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the US and the European Union have come to a halt