The greatest challenge to the sustainability of our current era of globalization comes from within the United States. Most Americans have come to reject globalization. We must discern the lessons from the parts of the developed world where the backlash is also profound—France, for...

The end of the world as we know it. Once upon a time, not very long ago, economic globalization - the free worldwide flow of capital, goods, and labor - looked both inevitable and inexorable. Most governments seemed to embrace the very real benefits being offered by rapid technological change...

Although the global trend toward liberalization of electric utilities forced Enel, the largest power company in Italy, to give up some of its assets in its home base, it also opened up many opportunities abroad, including in Russia, one of the largest electricity markets in the world. The case...