In The News

Steven Greenhouse February 1, 2002
This year’s meeting of the World Economic Forum, held in New York, brought business and government leaders of the highest level together to discuss the world economy. They also heard from less powerful people, including a Guatemalan garment worker detailing the harsh working conditions at some factories that produce for the industrliazed world. – YaleGlobal
Alice H. Amsden January 31, 2002
A quick review of the national origins of leaders at the upcoming 2002 World Economic Forum reveals the provincial nature of purportedly global economic organizations. In order for institutions like the World Trade Organization to live up to their name, says MIT scholar Alice H. Amsden, leaders from semi-industrialized countries like Brazil, Mexico and China must be allowed among international...
January 29, 2002
For the last several decades, mainstream American films made in Hollywood have found a lucrative market around the world, controlling over 80 percent of the entire world market. In Europe, Africa, Asia, and South America, watching Hollywood films is a unique opportunity for many to vicariously experience 'America.' For American filmmakers, the overseas market for Hollywood films is a...
Anon. January 24, 2002
China’s workforce lacks internationally recognized qualifications that will allow China to fully globalize its economy. Although there are plenty of workers in the fields of finance, information technology, and international trade among others, the level of expertise falls below global levels. This lack of talent will mean that China will rely more and more on foreign workers in order to...
Raja Simhan T.E. January 17, 2002
The information technology industry is recruiting fewer management and engineering graduates in India. Many engineering graduates have chosen to look only for jobs in more secure sectors, listing their first choice for a company as one that is “stable.” The reason for the lower recruitment rates in IT is due to the volatility of the industry. Even as offers were made in the previous year,...
Anon. December 6, 2001
“India is among twenty-four ‘more globalised developing countries’ listed by the World Bank which says globalisation has enabled the country to obtain tangible benefits in economic growth and trade.” Nevertheless, not all areas in India have attracted foreign investment. Although India liberalized trade and investment in the early 1990s, many policies are controlled by individual states, which...
Ching Cheong December 4, 2001
When Taiwan held legislative elections in late 2001, the pro-independence Democratic Progressive Party won a majority of seats, leaving China surprised. This political turnaround has dealt a blow to the theory that economic integration between China and Taiwan will bring political integration. As one official remarked, businessmen make rational choices but “when it comes to an election…then one...