In The News

With Flights Grounded, Kenya’s Produce Wilts

Jeffrey Gettleman April 22, 2010
Farmers in the Rift Valley in Kenya have learned an important lesson in globalization in the last week, as a volcanic eruption in Iceland shut down air travel to Europe. At first, many Kenyans thought nothing of it. Then they realized that the flower and vegetables they sell to European markets could not be transported because of the shutdown. This transnational agriculture is a critical piece of...

Check Out That Colombian Tata!

Daniel Gross April 13, 2010
On a trip to Colombia, the author was surprised to find an example of the new nature of international corporations. Tata Consultancy is a branch of the Indian car company that recently bought several British and American brand-name car labels. Tata’s Colombian branch is providing services to a number of Latin American governments and corporations. An Argentinian manager oversees employees from a...

The Caribbean Brain Drain: Nursing a Grievance

April 12, 2010
According to the World Bank, only one-quarter of nurses in the English-speaking Caribbean remain working in their countries. The rest leaves to work abroad, where working and living conditions are significantly better. The economic incentives of working abroad outweigh the challenges of staying. This is not a new phenomenon: it has been taking place for almost two centuries and is not confined to...

The World Needs Rebalancing, Not China Alone

Jeffrey E. Garten March 22, 2010
Washington’s uproar surrounding China’s handling of its currency risks becoming more than a trade spat, according to international trade expert Jeffrey E. Garten. If the US labels China a currency manipulator and imposes tariffs on Chinese goods, not only could this action wreck the recovery, as the world economy remains fragile, but it could also boil over into other realms of international...

New Thai Immigration Rules Come Under Fire

Patrick Barta March 3, 2010
In Thailand, tensions are mounting as the state has introduced a more rigorous registration process for foreigners that includes proving one's home country. Around half of the country's 1.5 million migrant laborers have refused to come forward to register, which human rights activists reason is due to Thailand's history of immigrant abuse and a fear of retribution. On the other...

Steelworkers Say Reactors Overseas Will Cost Jobs

Matthew L. Wald and Keith Bradsher February 23, 2010
President Obama is pushing nuclear power as a new source of energy and as a way to create jobs for Americans, offering loan guarantees to make it happen. Now, however, labor unions are protesting the move because they say that much of the material for new reactors will come from overseas, reducing the potential for US job growth. The trouble is that since the Three Mile Island reactor accident in...

Connecting Across Oceans

Nayan Chanda February 18, 2010
The global economic crisis inspired cries of globalization’s demise, but economic data from the past two years paints a more complex picture. Developed countries generally suffered through negative GDP growth, while developing countries largely stayed in positive territory. Trade collapsed, with shipping indices sinking to surprising lows, but has since recovered. And total international travel,...