The economic crisis topped the news agenda last week as Wall Street pay packages triggered anger and action in Washington. Agreement on a runoff election also generated a spike in Afghanistan coverage, and hostilities between the White House and Fox News made the roster of top stories.
Benefits and Drawbacks of Trade and Integration
(from Harvard International Review)
The publics of the world broadly embrace key tenets of economic globalization but fear the disruptions and downsides of participating in the global economy. In rich countries as well as poor ones, most people endorse free trade, multinational corporations and free markets. However, the latest Pew Global Attitudes survey of more than 45,000 people finds they are concerned about inequality, threats to their culture, threats to the environment and the threats posed by immigration. And there are signs that enthusiasm for economic globalization is waning in the West.
Summary of Findings The public overwhelmingly supports the Hurricane Katrina rebuilding aid already approved by Congress. Going forward, however, as many Americans worry that the government will spend too much on hurricane relief as say it will spend too little. And while Katrina’s potential impact on the budget has become a major issue in Washington, […]
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