In The News

For Many in U.S., Money Talks Even as Jobs Walk

David Streitfeld May 6, 2004
Recent public debates on outsourcing appear to have borne little fruit or changed consumer behavior in the United States. Eighty bills regulating and restricting outsourcing of American jobs to countries with cheaper labor have been introduced in the U.S Congress and state legislatures. None has passed so far. At the same time, almost half of the Fortune 500 companies have moved at least some...

Some Lost Jobs Never Leave Home

Jessica M. Vaughan May 2, 2004
With global trade expanding to all sectors, the US is now witnessing not just its goods being produced abroad, but increasingly, services as well. Many American companies, seeing the advantages of hiring foreign workers, have moved a step further – instead of moving service centers abroad, many companies are now importing foreign professionals into the US to do the job. This kind of outsourcing...

The Hollowing-Out of Hollywood

Christina Klein April 30, 2004
The blockbuster "Kill Bill" films exemplify the increasingly global nature of Hollywood, and not solely because of director Quentin Tarantino's heavy incorporation of foreign stylistic elements, writes media scholar Christina Klein. Like a growing number of Hollywood productions, both "Kill Bill Volume 1" and "Volume 2" relied heavily on offshore labor. While...

Bavaria Hopping Mad Over World Cup Ban

Elizabeth Goetze April 30, 2004
The 2006 World Cup will be held in Germany, but thanks to FIFA sponsoring contracts, visitors should not expect German food or drink at stadiums. Officials in Bavaria are especially angry that German beer will not be allowed – one government official said that guests of the World Cup must be presented with "distinctively Bavarian cultural assets", and another went even further,...

Silicon Valley Dons a Brave Face, Despite Worries

S.L. Bachman April 28, 2004
During the 1990s, Silicon Valley reigned supreme as the heart of technological innovation and the birthplace of the information technology revolution. Today, says globalization scholar S.L. Bachman, the tech hub is scrambling to mobilize regional resources to compete in the international technology market it helped to create. Economically, the San Francisco Bay region is recovering from the...

Olympics Insured Against Terrorism

Philip Hersh April 28, 2004
The upcoming Olympic Games, scheduled to take place in Athens, Greece will feature athletes from all over the world and help promote the Olympic spirit of forging a global community through sports. In the contemporary era of global terrorism, however, it is particularly such international events that are most vulnerable to terrorist attacks. The organizers of the Games, the International...

Free Trade and Outsourcing Are Not the Same

Clyde Prestowitz April 25, 2004
Financial theorists, politicians, and labor groups in the US have recently butted heads over the nature of free trade. Theorists credit skyrocketing amounts of global trade with increased standards of living worldwide, whereas many politicians have decried the loss of jobs overseas due to outsourcing and unrestricted competition. Clyde Prestowitz, president of the Economic Strategy Institute...