In The News

The Indians Are Comin’

Sanjeev Srivastava May 10, 2004
Global interest in Indian economic and cultural practices is swelling rapidly, from the labor outsourcing debate to Bollywood film exports. In the United States, India is a topic for newspaper front pages, Indian corporations are traded on the New York Stock Exchange and audiences gather for the country’s art. Delhi is creating regional alliances with China and Pakistan, and all systems are go...

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...

Ranking the Rich 2004

May 3, 2004
The process of helping developing nations is a lot more complex than simply giving foreign aid via public and private donors. Richer nations can benefit or harm poorer nations through policies on security, aid, immigration, environment, technology and trade. In an effort to rate which programs work and which do not, Foreign Policy Magazine and the Center for Global Development (CGD) have...

Think Twice Before Migrating - The Grass There Won't Always Be Green

Goh Chok Tong May 3, 2004
Singapore seems to be at a low point economically, especially as compared to the emerging regional powerhouses, China and India. However, urges Prime Minister Goh Chok Tong, Singaporeans should not despair over the country's difficulties. With the brain power, technical skill, and sheer perseverance that Singaporeans possess, they can easily overcome the hard times, Goh says. Most...

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...

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...

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...