In The News

SHIN Deal: Is National Security Compromised?

February 9, 2006
In a move that reportedly skirts laws concerning foreign ownership of assets designated strategic or sensitive, Singapore’s state investment arm has acquired a near-majority stake in a Thai telecommunications conglomerate. The deal between Temasek and Shin Corp. has raised alarm in Thailand over privacy and security, especially since Temasek’s investment gives it indirect control over a...

Fear of an American Internet

Markus Dettmer February 2, 2006
Despite millions of new internet users from all around the globe, US companies like Google continue to dominate the medium. These businesses invest heavily in research and design, and as a result continue to expand their reach of the internet. One ambitious new project that is raising eyebrows is Google Print, which is collaborating with some of the world’s top universities to publish their...

Free and Fair Trade

Noam Chomsky January 30, 2006
MIT professor Noam Chomsky envisions the potential of “just globalization,” in an interview with Global Agenda, and raises concerns about the lack of truly free trade and evenhanded governance within the changing global business climate. Contending that everyone favors globalization, or “international integration,” he cautions about divisive applications that are detrimental to the rights of...

Globalisation Focus Shifts from Costs to Customers

Reuters January 30, 2006
Survey results released at this week’s annual meeting of the World Economic Forum in Davos suggest that the orientation of global business is shifting. Companies no longer regard large developing countries like China, India and Brazil as merely sources of cheap labor. A survey of executives conducted by PricewaterhouseCoopers revealed that businessmen expect developing countries to play a much...

China Could Learn From India’s Slow and Quiet Rise

Yasheng Huang January 27, 2006
Two years ago the view that India might have a more competitive economy than China was met with incredulity. Now a comparison of the two countries offers valuable insights for anyone studying economic growth. A fundamental distinction is that China’s growth stems from resource accumulation while India’s is rooted in increasing efficiency. Those who warned that India attracted too little foreign...

Unrequited Responsibility: Japan and Iran

Mindy L. Kotler January 20, 2006
Despite a range of proposals for handling the emerging crisis, Europe and China share US concern over Iran's defiance in developing its nuclear enrichment program, as well as recent disturbing remarks about Israel. But Japan, aspiring to become a member of the UN Security Council, has failed to join the international outcry. Instead of publicly condemning Iranian President's allegations...

They’re Rounding the First Turn! And the Favorite Is…

Nicholas D. Kristof January 19, 2006
Anticipating President Bush’s February trip to India, Nicholas D. Kristof evaluates the other Asian giant ready to seize the 21st century as the great world power. While autocratic China boomed over the past decade, democratic India has lumbered under the weight of its overly bureaucratic civil society and socialist economic policies, producing fewer jobs than its potential. But with flourishing...