In The News

Inequality in India and China: Is Globalization to Blame?

Pranab Bardhan October 15, 2007
Globalization undoubtedly has many complex and unintended consequences. However, Pranab Bardhan, economist at University of California, Berkeley, argues that globalization cannot be credited as either an evil force responsible for rising inequality or a virtuous one behind falling poverty rates in the developing world. Conventional wisdom holds that notable increases in inequality and steep...

Gore and UN Panel Win Peace Prize

Walter Gibbs October 12, 2007
As an issue, global warming has gained new prominence, with the award of the Nobel Peace Prize to Al Gore, former US vice president, and the UN Intergovernmental Panel on Climate Change. The UN committee is a network of more than 2,000 scientists who have researched the issue for more than 20 years. The award serves as a vindication of science over the skeptics on global warming and could spur...

Arctic Melt Unnerves the Experts

Andrew C. Revkin October 12, 2007
Geologists who study the Arctic will remember summer of 2007 for a massive melt-off. Another surprise for scientists was that moving ice contributed so much to the meltdown. “The pace of change has far exceeded what had been estimated by almost all the simulations used to envision how the Arctic will respond to rising concentrations of greenhouse gases linked to global warming,” writes Andrew...

In Search of Common Sense

Bo Ekman October 12, 2007
Globalization and an unchecked quest for economic growth have rapidly changed the world. Growing numbers of people expect a standard of living substantially higher than what the earth has capacity to provide. Humans increasingly confront problems global in scope, yet the world lacks a cohesive form of governance that efficiently addresses issues that surpass national boundaries. The world could...

Crouching Alliance, Hidden Angst?

Yu Bin October 10, 2007
Recent military exercises by the members of the Shanghai Cooperation Organization, particularly Russia and China, have prompted speculation about an emerging military alliance between the two Asian powers, standing in opposition to the United States. However, Yu Bin, senior fellow for the Shanghai Institute of American Studies and political science professor at Wittenberg University, argues that...

US Lets in More Immigrants for Farms

Nicole Gaouette October 9, 2007
Despite earlier promises about strict enforcement of immigration laws, the US Department of Homeland Security and the US Department of Labor are reportedly easing policies to welcome more immigrant workers ready to harvest tomatoes, fruit and other crops before they rot. The US refuses to release details, but farmers clamor for more workers, claiming that citizens have no interest in joining the...

Outsourcing Is Too Wild to Fit Economic Theory

Andy Mukherjee October 9, 2007
Firms that consult and perform outsourcing work make use of all available space, time and labor. Global outsourcing is highly unpredictable and firms can perform projects from many locations, explains Andy Mukherjee for Bloomberg.com. Mukherjee provides an example: When Satyam Computer Services did one project for John Deere in Illinois, the firm rented nearby space, assigning 10 engineers to...