In The News

The Next Wave of Globalization: Offshoring R&D to India and China

Stephanie Overby November 27, 2007
Outsourcing accelerates globalization, spreading technology and skill transfer from advanced nations to less developed ones. Cheap labor represents potential talent, capabilities, and innovation. Employers praise US workers for superior communication skills and intuitive understanding of US businesses, but continue to shift technologically-demanding high-end R&D jobs to China and India. The...

Let's Face the New “Core Facts”

Roger Cohen November 15, 2007
The United States attempts to exercise global leadership in a world that has changed dramatically in recent years. With the spread of new technologies to developing nations has come an explosion of information from sources other than Voice of America. With such a wide range of options and rapidly growing anti-Americanism, disaffected people in the Middle East and elsewhere see little reason to...

IMF Fuels Critics of Globalization

Bob Davis October 16, 2007
Technology and foreign investment do not distribute their vast benefits in evenhanded ways, suggests a new report from the International Monetary Fund. “The report is an unusual admission by the IMF of the downsides of globalization,” reports journalist Bob Davis for the Wall Street Journal. The IMF also points out that benefits from trade do have a wide distribution, but anti-globalization...

Huge Effort Urged on Global Warming

Chrystia Freeland September 28, 2007
Contrary to a recent United Nations report that the fight against global warming will be costly, former US President Bill Clinton argues that a serious and ambitious program will save money and create jobs. For example, businesses investing in new, energy-efficient technology can dramatically decrease their utilities costs. Other analysts have also noted that the costs of future natural disasters...

India's Lower Castes Seek Social Progress in Global Job Market

Emily Wax September 5, 2007
For 3000 years, India operated with a caste system; from birth, Indians understood their status and role in society. Prohibited by law, the caste system remains a source for discrimination in India. By law, the public sector and public universities set aside a percentage of jobs for people born into the lowest castes, and activists encourage similar affirmative-action programs within the private...

Skilled Immigrants? No Thanks

Michael Sauga September 3, 2007
Most developed nations have loosened immigration policies in the competition for skilled labor. But not in Germany. Employers want skilled workers, but the government adds obstacles to hiring immigrants, regardless of education or skill, even as thousands of highly trained Germans leave for jobs abroad. “Ironically, just as the German economy embarks on its strongest boom in years, the country...

Moroccan-Born Mayor Dispenses Tough Love to Immigrants

Erich Wiedemann August 6, 2007
Ahmed Marcouch immigrated to the Netherlands when he was 10 years old. With help from teachers, he caught up in school and assimilated into Dutch culture. As mayor of a Slotervaart – a rough neighborhood in Amsterdam with high crime, unemployment and dropout rates – he takes a hard-line stance and urges fellow immigrants to integrate in a country known for its tolerance. The former police...