In The News

Peter G. Gosselin March 15, 2006
During a trip to India, US President Bush met with a group of talented Indian business students, and used the occasion to dispense advice to young Americans about pursuing an education to compete in the global marketplace. By now, everyone knows that because of lopsided wages, living costs and health care benefits across the globe, the students from India can work for less income than their US...
Jenifer Kahn March 14, 2006
Experimental drugs require large testing populations, which are increasingly hard to secure in the developed world. In 2005, the India government lifted restrictions on such testing by foreign-owned firms. So the pharmaceutical industry is outsourcing more trials. India has many advantages for such trials: English-speaking doctors; vast numbers of patients more willing to take experimental...
Heather Stewart March 10, 2006
The anti-globalization message – protecting jobs and traditional industries – has powerful appeal in a fast-changing world. History shows that the most successful economies are those that open themselves to foreign competition, yet economists still struggle to explain how free trade can benefit all players, especially when markets specialize at what they do best. More citizens of wealthy...
FT Correspondents February 28, 2006
In the early 15th century, well before Europeans set foot on the continent, Chinese traders and explorers landed along the coast of Africa. Centuries later, China and Africa continue to renew these ancient ties. Since 2000, China-Africa trade has quadrupled in volume, signaling a mutually-beneficial relationship. The continent offers China both a market for its goods and vast supplies of untapped...
Clifford Bob February 21, 2006
Clifford Bob February 21, 2006
In an era of human rights accords and global benefit concerts, international tribunals and rubber wristbands for any cause, attention to humanitarian crises seems both pronounced and profuse. Yet, as political scientist Clifford Bob writes, the world has far more crises than what catch the proverbial eye, and he questions why certain “hot zones” receive more attention than others. An entire...
Eric Wiedemann February 17, 2006
“El Dorado” is commonly known as the mythical city of gold. In Hamburg and other German cities, however, used-car scrap yards, known as “dorados,” challenge the traditional meaning. The “dorados” are huge fields, divided by fences, where dealers sell German cars that no longer meet safety or emissions standards, most destined for Africa and Eastern Europe. Despite appearances, there is nothing...