In The News

Nayan Chanda February 27, 2004
The outsourcing of white-collar jobs to India and other low-cost countries has become a sensitive issue for US voters. In the second article of a three-part series on outsourcing, YaleGlobal Editor Nayan Chanda makes the case that America's economic fears about outsourcing are driving politics this election year. Chanda observes that "blue-collar workers, long wary of outsourcing, have...
Thomas L. Friedman February 26, 2004
New York Times Columnist Thomas Friedman argues that while outsourcing may relocate American jobs to low-cost countries, it also creates jobs by stimulating export demand for American products. "Look around this office," an Indian call center owner remarked to Friedman, "All the computers are from Compaq. The basic software is from Microsoft. The phones are from Lucent. The air-...
Rafiq Dossani February 25, 2004
The steady outflow of jobs, especially white-collar ones from the US is emerging as a major issue in the US. In part one of our three-part series on the outsourcing debate two scholars explain the reasons. In recent years, US manufacturing jobs have declined as corporations looked for cheap labor overseas. Still, it was long assumed that service work would provide continued growth for the US and...
Martin Wolf February 24, 2004
Financial Times Senior Economist Martin Wolf defends outsourcing as a means for companies to improve productivity, just as free trade benefits businesses by giving them access to cheaper goods from the developing world. He argues that the only reason politicians are railing against free trade, instead of praising gains from innovation and productivity, is because they can use foreigners as...
February 24, 2004
A new report issued by the World Commission on the Social Dimension of Globalization acknowledges that globalization's "potential for good is immense," but points to record unemployment levels as a sign that globalization has not met the majority of men and women's "simple and legitimate aspirations for decent jobs and a better future for their children." The...
SARITHA RAI February 22, 2004
As more and more Indian youths pour into the country's big cities like Bangalore to find jobs outsourced from the developed world, they are earning more and are becoming increasingly influenced by western culture. With 54% of country's population under the age of 25, says this article, the gradual cultural change of this generation is likely to lead changes to the larger Indian society...
Thomas L. Friedman February 22, 2004
Wearing clothes other than the traditional Indian outfits, India's youth of today have become the first generation in the country to welcome global trade and the western jobs that come with it "with a zip in the stride." In this column in the New York Times, Thomas Friedman shows us the "zippies" phenomenon in India's many big cities like Bangalore. With 54% of the...