In The News

Ernesto Zedillo May 18, 2004
Ernesto Zedillo, director of the Yale Center for the Study of Globalization and former president of Mexico, recently visited China, where he attended a regionally important Asian economic conference. In this column in Forbes Magazine, he pens his impressions of China's economic development, gathered from public and private meetings with Chinese government officials during his trip. Zedillo...
Syed Jamaluddin May 18, 2004
A host of factors, including the continent-wide financial, industrial, and political difficulties since the end of the colonial age have reduced economic performance in Africa to often pitiable levels. Despite starting “from behind” and the current obstacles to economic growth, this editorial highlights progress Africa has made, and the future development that can be speeded up by proper...
S. Nihal Singh May 17, 2004
India's surprise election results from last week have left everyone struggling to understand how the powerful BJP could lose so decisively in a time of economic prosperity. The answer, suggests S. Nihal Singh, a former editor of the Statesman of Calcutta and the Indian Express, lies in the unequal distribution of India's growth. Though the globalization of India's technological...
Mary Beth Sheridan May 17, 2004
Remittances that migrants send back home to help their families, have long formed a crucial component of developing countries' income. In El Salvador, for example, remittances total 14% of the country's gross domestic product. Money-transferring technologies have only made this process easier and kept the payments regular. Now a study of Latin American immigrants to the US – legal...
Justin Gillis May 17, 2004
The debates over biotechnology have centered on the environmental, health, and global equality issues implicit in any major agricultural technology change. Some charge that genetically modified food crops are detrimental to environment, biodiversity, long-term health, and benefit rich nations at the expense of poor. The other side – which now seems to be joined by the Food and Agricultural...
Saritha Rai May 12, 2004
In the last few years, there has been a lot of hullabaloo over the wide-spread benefits of technology growth in India. The recent outcry in the US over the outsourcing of jobs to India only furthered the impression that Indians as a whole were winners in this phase of globalization. However, as this article in the New York times reports, the benefits of economic liberalization and globalization...
New Prison Images Emerge May 6, 2004
The shocking images that have emerged from Iraqi prisons, showing American and British soldiers abusing and humiliating prisoners, have created a "combustible international scandal". The photos, taken with the digital cameras that soldiers brought with them to communicate with families back home, mimic tourist snapshots – except in their horrific content. Without this sort of...