In The News

Small Screen, Smaller World

Walid Mougayar October 11, 2002
When TV manufacturers outsource their products along a global supply chain, they create a win-win-win situation. The manufacturers have lower costs, the consumers have cheaper TV sets, and the sets are better made. Standardization of parts, economies of scale and lower transportation costs have made most TV factories assemblers rather than manufacturers. Parts from all the over the world are...

First Contact

Aparisim Ghosh October 10, 2002
Globalization is an older phenomenon than many people realize. In the early 1400's, the Chinese emperor set about building trade ties between his Ming dynasty China and other peoples in Asia, the Middle East, and East Africa. Under the guidance of Admiral Zheng He, massive fleets plied the East China and Arabian Seas for 30 years, transferring goods, people, and ideas from one part of the...

War on Iraq Could Be Disastrous for Philippines

Al Labita October 7, 2002
If conflict breaks out in Iraq, a million Filipino workers living in the Middle East may have problems trying to send money back home. Foreign exchange remittances from overseas workers bring almost US$10 billion into the Philippines each year, and the country's economy might be devastated if that flow is suddenly halted. The Philippine government must also prepare to call in favors from...

Is Globalization Sustainable?

David Dapice September 26, 2002
Globalization is not an inevitable, irreversible trend. With the destruction of World War I, increasingly integrated global economic structures began to unravel, collapsing during the Great Depression of the early 20th century. Our more recent era of globalization faces two major threats - political un-sustainability and terrorism. - YaleGlobal

Pakistanis Arrested with 550 Pirated Video Discs

August 29, 2002
Pakistani smugglers were caught with 550 pirated video discs in Malaysia. The video discs – copies of films from Bollywood, India’s answer to Hollywood – were capable of producing 100,000 copies in turn. As video piracy spreads, this recent capture is an example of the global crime network. – YaleGlobal

Indonesia Must Learn from Illegal Migrant Issue

Philips Jusario Vermonte August 28, 2002
Unemployment in Indonesia is widespread, and jobs are hard to find. An estimated 600,000 Indonesians have migrated to neighboring Malaysia and taken jobs. About 400,000 of those are working in Malaysia illegally. To protect its domestic labor market, Malaysia recently passed a strong anti-immigration law, and thousands of Indonesian workers will soon be deported. The Indonesian government is...

Chinese Communists Set for Policy Shift

James Kynge August 26, 2002
China plans to initiate several wealthy entrepreneurs into the central committee of the Communist Party on November 8. Because the Communist Party outranks all other governmental structures, its new members may be able to wield significant power. China’s president is spearheading the move; he believes, “The party should represent advanced productive forces, advanced culture and the broad...