Structural Challenges Facing the World Economy
As emerging markets become major players in the world economy, nations must insist on growth that distributes income across populations in order to prevent protectionist trade policies.
Michael Spence and Sandile Hlatshwayo of New York University's business school identify the major challenges facing the global economy and address threats to liberal trade policies. "If a relatively open global system is to survive in a world where nation states are the principle decision makers, it will have to be managed and guided not just to achieve efficiency and stability (important as these goals are), but also to ensure that its benefits are distributed equitably between and within countries. If employment in advanced countries like the U.S. recovers strongly along with growth, political support for an open global economy will be easier to sustain."
New research links urban planning and political polarization.
- Canadian researchers find that excessive reliance on cars changes political views.
- Decades of car-centric urban planning normalized unsustainable lifestyles.
- People who prefer personal comfort elect politicians who represent such views.
Progressive America would be half as big, but twice as populated as its conservative twin.
- Why can't we have a human-sized cat tree?
- What would happen if you got a spoonful of a neutron star?
- Why do we insist on dividing our wonderfully complex selves into boring little boxes
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