In The News

Gamal Nkrumah June 27, 2003
In the same week that European Union (EU) leaders met in Thessaloniki, Greece to discuss migration issues, a vessel carrying African migrants trying to enter Europe sank off the coast of Tunisia, killing some 70 people. This was one of the many vessels operated by illegal immigrant-trafficking gangs in Northern Africa who carry Africans to Mediterranean coastlines. Ironically, top on the agenda...
June 24, 2003
The construction of a Thai-Malaysian gas pipeline has caused numerous clashes between Thai police and protestors. The protestors, many from Muslim villages affected by the construction, claim that the pipeline is unnecessary because demand for natural gas will not be high enough unless new heavy industries are developed in the region. But any such development, they say, would place a heavy burden...
David Dollar June 23, 2003
More, not less, economic integration is good for the world, according to a worldwide poll, conducted by the Pew Global Attitude Survey. David Dollar, Director of Developmental Policy at the World Bank, cites findings from the survey to support the argument he has made in the past that globalization indeed helps reduce poverty and inequality. He points to a significant decrease in the number of...
Saritha Rai June 20, 2003
India’s auto parts industry is finding new success as global carmakers struggle to find low-cost, high-quality parts. It is these two qualifications that give India, with its cheap skilled workers and locally produced raw materials, an edge over other developing economies. But although the industry is growing rapidly within the country, problems remain. Competition from other South Asian...
Rasha Saad June 19, 2003
After decades of dictatorship, sanctions, and war, Iraqis are infused with a feeling of hopelessness. The current chaos after the US-led war against Saddam Hussein’s regime has only exacerbated the sense of despair. With the country’s infrastructure in shambles and uncertainty about Iraq’s political destiny, the sole goal of many young people is to leave the country. However, seeing the chaos...
Johan Norberg June 13, 2003
What really are the pros and cons of globalization? In this article, Johan Norberg, an advocate of globalization, uses the example of Nike in Vietnam to demonstrate the benefits of globalization. According to Norberg, in Vietnam Nike pays its workers three times higher than the minimum wage earned in state-owned enterprises, provides its workers free or subsidized meals, education, and training,...
Heidi Sylvester June 13, 2003
The already tight labor market in Germany receives yet another squeeze – but this time it's from within. East German steelworkers will enjoy western Germany's regular 35-hour workweek by 2009, but this concession has encouraged workers in other East German industry sectors. Metalworkers and electrical engineers seeking the same treatment have now resorted to strikes. This labor unrest...