What Is Globalization? How to Measure It and Why Many Oppose It (Part 1)

© 2017 Farok J. Contractor, Rutgers Business School The rise of nationalistic political leaders has spanned the globe—from Donald Trump and Marine Le Pen in the West, to Recep Tayyip Erdoğan in the Middle East, to Narendra Modi and Rodrigo Duterte in the East. To varying degrees, each of these leaders espouses an “our country … Continue reading What Is Globalization? How to Measure It and Why Many Oppose It (Part 1)

Globalization’s Angst and the “Brexit” Vote

© 2016 Prof. Farok J. Contractor, Rutgers Business School A version of this post also appeared as a featured article at  YaleGlobal on June 28, 2016. angst noun: “a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general”[1] The UK—an almost insignificant island on … Continue reading Globalization’s Angst and the “Brexit” Vote

Update: Is China a “currency manipulator”? Donald Trump says so

© 2016 Prof. Farok J. Contractor, Rutgers Business School This article is a 2016 update of a post published on November 16, 2015. It has also been published on The Conversation as “Does China manipulate its currency as Donald Trump claims?” on June 13, 2016. Subsequently, it was also picked up by USNews.com on June 22, 2016, as “Does … Continue reading Update: Is China a “currency manipulator”? Donald Trump says so

Happy Tax Day, USA (April 18, 2016): How are corporations and individuals footing the tax bill?

© 2016 Prof. Farok J. Contractor, Rutgers University Source: The Economist, April 9, 2016 Individual Americans will finish filing their returns on April 18, 2016, contributing approximately $3.1 trillion in income and social insurance (Social Security and Medicare) taxes to the highest federal government revenue of any nation on earth. But the US government will spend … Continue reading Happy Tax Day, USA (April 18, 2016): How are corporations and individuals footing the tax bill?

Is China a “currency manipulator”? Donald Trump says so

© 2015 Prof. Farok J. Contractor, Rutgers University After 20 years, the Chinese government must be used to it—being bashed by US politicians and Congress as a “currency manipulator.” Indeed, the exchange value of the yuan (or renminbi [RMB]) is fixed each morning by its central bank, the People’s Bank of China (PBoC), with a … Continue reading Is China a “currency manipulator”? Donald Trump says so