Economics & Business Archive

In his keynote address to the 1883 International Fisheries Exhibition in London, T.H. Huxley, a prominent biologist of the day, maintained that the ocean’s supply of fish, such as cod, was inexhaustible: Fish were present in the oceans in such large numbers and reproduced prolifically, while only an insignificant fraction of them in proportion to their numbers was captured. Huxley concluded that human fishing efforts could not meaningfully affect the number of fish in the oceans and that it was unnecessary and even wasteful to attempt to regulate their capture. More than two centuries earlier, Hugo Grotius, the famous Dutch […]

At the dawn of the 20th century, the world population was inching toward a modest 2 billion. In the 111 years since, notwithstanding the impact of war, genocide, disease and famine, the global population has soared, reaching 3 billion around 1960 and now quickly approaching the neighborhood of 7 billion. By 2050, the planet will likely be home to 2 billion more. We may not be witnessing the detonation of the “population bomb” that Paul Ehrlich warned of in his seminal 1968 book, but such rapid demographic change is clearly pushing the international community into uncharted territory. With a limited […]

This month’s debt-ceiling deal in Washington did little to quell the growing chorus of complaints around the world concerning America’s continued inability to live within its means. As those complaints invariably translate into corporate hedging, government self-defense strategies, credit rating drops — Standard and Poor’s is already in the bag — and market short-selling, the U.S. will most assuredly be made to feel the world’s mounting angst. This is both right and good, even as it is unlikely to change our path anytime soon: Until some internal political rebalancing occurs, America will invariably stick to its current cluster of painfully […]

Last month the U.S. threatened to impose sanctions against Iceland over its increased whaling activities. In an email interview, Peter Stoett, professor at Concordia University, discussed the politics of the international whaling regime. WPR: What are the main components of the international whaling regime, and what is its recent trajectory? Peter Stoett: The International Whaling Commission is the central global body, mandated to protect the whaling industry back in 1946. As the threat of extinction for several species of cetaceans rose and whales assumed a prominent space in public environmental consciousness, the IWC gradually swung towards an anti-whaling position, led […]

LIMA, Peru — During Peru’s recent presidential election campaign, a chorus of politicians and pundits warned that a victory by leftist candidate Ollanta Humala would put the country on the same track as Venezuela under President Hugo Chavez. But since winning the second-round run-off on June 5 and being sworn in as Peru’s new president July 28, Humala has surprised critics and supporters alike by the moderation of his rhetoric and quality of his cabinet. Humala, a 49-year-old retired lieutenant colonel, is the first leftist to be elected president of Peru in two decades, but he did so by promising […]

An analysis released this week by the computer security firm McAfee (.pdf) exposed the widespread hacking of more than 70 corporations and government organizations worldwide. McAfee did not identify the hackers, saying only that evidence pointed to a nation-state as having carried out the attacks. However, some experts were quick to point to China as the most likely culprit. While he believes that may be an accurate assessment, Chris Bronk, a World Politics Review contributor and fellow in information technology policy at the James A. Baker Institute for Public Policy at Rice University in Houston, says “the hardest thing on […]

Recent violence in the China’s western Xinjiang province has resulted in more than a dozen deaths and prompted an aggressive security response by Chinese authorities, who assert the unrest is being driven by Muslim separatists trained in Pakistan. The accusation, leaked to China’s state media Monday, came as the head of Pakistani intelligence was making a visit to Beijing and exposed a potential sticking-point in the oft-celebrated alliance between the two countries. According to Kerry Brown, who heads the Asia program at Chatham House in London, it also shed light on the delicate balance that characterizes the three-way relationship between […]

Global Insider is an ongoing World Politics Review interview series that examines developing trends in geopolitics. From energy issues and policy close-ups to bilateral and regional relations, Global Insider explores the foundations and implications of new developments in international affairs through the voices of pre-eminent experts hailing from government, academia and research institutions. Global Insider is published 3-5 times per week on the Trend Lines page. Below are links to each article in this special report, which subscribers can read in full. Not a subscriber? Purchase this document for Kindle or as a PDF from Scribd. Or subscribe now. Energy […]