In The News

David Wessel June 20, 2005
A new report by McKinsey & Co. concludes that the nominal demand for engineering jobs in the US will not wane in the next few years in spite of the potential of offshoring. While there are more university-trained professionals in low-wage countries, many of them, according to the report, are unfit for the jobs demanded by foreign employers. Furthermore, it concludes that by the end of the...
Mark Sidel June 14, 2005
Four years after the 9/11 attacks, protecting America from an invisible threat continues to shape domestic and foreign policy. The complex effects of the war on terror extend far beyond security – and the unintended results are not all positive. In this two-part series, YaleGlobal explores how US anti-terrorism policy is changing America's position in the world. In part one, Mark Sidel...
Makoto Taniguchi June 14, 2005
Regional cooperation is essential to the development of the Asian economy, but discord among the region's top three actors – Japan, China, and South Korea – is hindering the process of integration. The lack of a common historical perspective has led to a political impasse between Japan and both China and South Korea, making it difficult to foster mutual understanding. Former ambassador...
Chua Chin Hon June 10, 2005
A newly published history textbook marks an effort to harmonize relations between Japan, China, and South Korea. Recent months saw diplomatic and political tensions between Japan and its two neighbors after the government published a history textbook which failed to make light of Japanese wartime atrocities against China and South Korea. Japanese Prime Minister Junichiro Koizumi added salt to...
Thomas L. Friedman June 3, 2005
According to columnist Thomas L. Friedman, while French workers – who voted down the EU constitution – strive to preserve a 35-hour work week, Indian engineers are "ready to work a 35-hour day." In Europe, workers whose 50-year system of benefits is collapsing blame capitalism and outsourcing for their problems. However, writes Friedman, the story is not so cut-and-dry. Jobs are...
Paul McDougall May 11, 2005
In the United States, mere mention of the term "outsourcing" will likely ruffle protectionist feathers. For companies who prefer to keep their operations within US borders, there are other options – besides relying on overseas labor – for trimming expenses. More businesses have begun to "insource," or outsource IT work to smaller cities within the 50 states. Though hourly...
Gurcharan Das May 3, 2005
The worldwide spread of English has seen a rise in colloquially "blended languages," from Franglais (French and English) to Spanglish (Spanish and English) to Taglish (Tagalog and English), and so on. This Outlook India piece suggests a new addition: Inglish (Hindi and English). As the author writes, English is the ticket to a good job and middle class status in India. It unites...