In The News

Some Assembly Needed: China as Asia Factory

David Barboza February 10, 2006
Although a wealth of products pour into the US, bearing the label “made in China,” few are made completely in that nation at all. These days China is just the last stop in the complex global production networks run by multinational companies in Japan, South Korea, Taiwan and the US. By confusing between what really is assembled in China with the common label of “made in China,” one...

Economists Price the Ravages of Climate Change

Scheherazade Daneshkhu February 8, 2006
The emerging discipline of environmental economics struggles to persuade people to set aside concrete short-term economic advantages to act against the long-term problem of global environmental change. No individual country can solve the problem on its own, and some economists fear that this means the problem could go unsolved - why should nations risk competitive edge today for a problem with...

Are Big Oil’s Tanks Running Dry?

February 8, 2006
As President Bush called for the US to reduce its “addiction to oil”, Exxon reported the highest net profit of any US company ever – about $36 billion. A public backlash has greeted the record profits by the oil industry. As early as last October, Congress pressed “Big Oil” to defend itself on charges of profiteering. Anticipating more consumer fury, Democrats and Republicans have united to...

China, the WTO and Globalization

Dorothy Guerrero February 6, 2006
Most commentators, stunned at China’s growth, are interested in projecting how soon the country will overtake the US as the world’s largest economy. But for the Chinese people, the more pertinent forecast is when the benefits of WTO accession and foreign investment will make their way to them. China has succeeded in making itself a top destination for foreign direct investment by offering tax...

Unpopular Globalization: Why So Many Are Opposed

David Dapice February 2, 2006
The world economy has done well in recent years, yet workers in rich nations remain anxious about how globalization will affect future jobs, wages and benefits. In the US, Ford and General Motors have slashed jobs and closed plants. Plentiful skilled labor in emerging countries raises fears about depressed wages worldwide. More importantly, specific policies and conditions in Europe and the US...

In Threat to Internet’s Clout, Some Are Starting Alternatives

Christopher Rhoads January 31, 2006
Since the advent of the commercial internet more than a decade ago, the US has overseen the administration of that global resource. Now, however, alternatives to the internet are emerging in other nations—a development that is in part a reaction to US control. As other nations push for a greater say in how the internet is run, competing networks start up for political, business, and cultural...

E-Waste@Large

Elizabeth Royte January 27, 2006
Computer recycling is meant to keep hazardous materials out of incinerators and landfills, reusing components to avoid the pollution and energy use required to obtain new materials. But recycling is also expensive and hazardous. So many companies, rather than disassemble the machines, chose to export them to developing nations, where they are not repaired or sold, but dumped. Each month, 400,...