In The News

Third World Gets Help to Help Itself

Doreen Carvajal May 6, 2005
A late-1980s campaign to help small coffee growers has blossomed into a US$500 million industry. Fairtrade goods, from bananas to cotton, aim to appeal to Western consumers' consciences by supporting above-market compensation for third-world growers. Though the industry has indeed flourished in the past few years, as the International Hereald Tribune writes, "the business of...

Tangled Threads of Protectionism – Part II

Edward Gresser May 5, 2005
One of the textile industry's oldest problems is again under focus: how to adjust in the face of changing technology, tastes, and economic fundamentals. Politicians are calling, not surprisingly, for a populist solution – protect jobs by raising walls against imports. In a three-part series, trade experts examine the issues surrounding the post-quota state of the textile industry. With the...

More Creative Thinking Needed On Drug R&D

Priya Shetty May 4, 2005
Countries worldwide are investing more and more in research and development on diseases and drugs to fight them. But few of these projects are aimed at illnesses afflicting the world's poorest regions – illnesses which account for widespread death and devastation. A major reason for this neglect is the patent system, which prioritizes duplication over innovation; new global intellectual...

Sudan Aviation Set to Take Wing as Curtain Falls on 21-Year Civil War

Catherine Riungu May 4, 2005
In the wake of a diplomatic resolution to a decades-old civil war, Sudan is attempting to rebuild its aviation industry. While fighting continues and many thousands of refugees still live in fear and abject poverty, the country's Ministry of Civil Aviation is looking for ways to pick up the pieces and move forward. In the past, Sudan's air travel industry was among the region's...

Inglish as She's Spoke

Gurcharan Das May 3, 2005
The worldwide spread of English has seen a rise in colloquially "blended languages," from Franglais (French and English) to Spanglish (Spanish and English) to Taglish (Tagalog and English), and so on. This Outlook India piece suggests a new addition: Inglish (Hindi and English). As the author writes, English is the ticket to a good job and middle class status in India. It unites...

Business: A Jack Welch of Communists

Sarah Schafer May 3, 2005
While China is already a world economic powerhouse, it has produced virtually no global companies. Haier, arguably China's most respected business leader, aims to change this. With over US$10 million in debt in the early 1980s, the firm started from humbled beginnings. Today, though, Haier is one of the world's top five producers of household appliances, with 30,000 employees and more...

The Black Gold's Curse

R.K. Pachauri April 28, 2005
The recent record surge in oil prices has led many OPEC countries to re-evaluate their energy demand. This Outlook India commentary suggests that these newfound concerns are only the beginning of a worldwide reckoning of oil security. Rising prices are a symptom not of an impending global supply crisis, but of a concentration of reserves and an enormous projected leap in production in primarily...