In The News

Should We Globalize Labor Too?

Jason DeParle June 13, 2007
Witnessing the quiet desperation of the poor, willing to work hard but lacking resources, often ignites anger and ideas. Neither trade nor traditional occupations such as goat-herding can provide enough subsistence for the rural poor, such as those who live in Nepal. Economist Lant Pritchett proposes “a giant guest-worker program that would put millions of the world’s poorest people to work in...

Seething Anger in a Broken Middle East

Fawaz A. Gerges June 12, 2007
Early in 2003, New York Times columnist Thomas L. Friedman applied a rule common in retail pottery stores, “You break it, you own it,” to the then-impending invasion in Iraq. The succinct analogy warned that the US and other invading nations would bear responsibility for rebuilding Iraq. More than four years later, political and social institutions throughout the Middle East are in ruins, with...

The Last 'Competitive Advantage': Letter From China

Jehangir S. Pocha June 12, 2007
Workers of the West resent the transfer of manufacturing jobs to China, as companies pursue cost advantages and low wages. With good jobs hard to come by, the Chinese have little choice but to work long days for low wages. Some employers withhold wages altogether. Allowing competition to take its course and viewing jobs of any sort as the best way to alleviate poverty, the Chinese government has...

Who's Your Big Brother? NAFTA, the EU, and International Trade and Development

May 7, 2007
Economic integration schemes have a powerful impact on growth in developing nations, reports Gerald McDermott, Lazlo Bruszt and Vanesa Sanchez in a paper “International Integration Regimes as Development Programs: A Comparison of EU and NAFTA Accession Processes” for Knowledge@Wharton, an online business publication of the University of Pennsylvania. Economic indicators suggest that European...

Iraq’s Refugee Crisis

Anna Husarska May 7, 2007
The US and its coalition partners invaded Iraq, but have failed to provide for the 2 million Iraqis displaced since the start of the war. Nearly 15 percent of Iraq’s 26.8 million people have been displaced, with most moving to other parts of their war-torn nation or neighboring Jordan and Syria, and smaller numbers headed to Turkey, Lebanon and Egypt. Poor nations throughout the Middle East...

New Delhi's Delicate Balancing Act

Stanley A. Weiss May 3, 2007
As a thriving democracy, India has hundreds of political parties and is led by coalition governments. As a result, the party in power must please many special interests, not the least impoverished farmers who represent a majority, reports Stanley A. Weiss, founder of Business Executives for National Security. The government of Prime Minister Manmohan Singh is trying to defeat multiple problems...

Eastern Europe Becomes a Center for Outsourcing

John Tagliabue April 30, 2007
Be careful what you wish for, goes the old saying. People in Western Europe once grumbled about immigrants from Eastern Europe seeking work. But instead of people moving about, more Western European firms shift jobs to Eastern Europe, reports journalist John Tagliabue in “The New York Times.” The global outsourcing market is worth almost $400 billion this year. Eastern European nations like the...