In The News

Lawrence Summers May 14, 2008
US workers and voters are impatient with globalization – and the highly skilled, productive workers in the West do not want any competition to dent their top wages. “[Workers’] effort is complemented by capital, broadly defined to include equipment, managerial expertise, corporate culture, infrastructure and the capacity for innovation,” writes Lawrence Summers, Harvard professor and former...
Ama Achiaa Amankwah April 28, 2008
Gender inequalities have long left African women outside the formal economy, forced to fend for themselves in informal trade while their brothers and husbands secured employment in the civil sector and state-owned enterprises. Yet the liberalization of African state economies and the elimination of many government-supplied jobs have pushed men out of the formal economy to compete with women....
Robert McMahom April 22, 2008
The presidential candidates repeatedly describe some voters as “real Americans” and “the lifeblood of this country.” Even for those voters, American” issues are international issues. Debates over NAFTA take center stage in industrial hotspots like Pennsylvania and Ohio, where steelworkers and other blue-collar communities harbor justifiable fears over how the trade deal has affected the US...
Peter S. Goodman April 16, 2008
The debate over globalization’s effects on the US economy has become a focal point of the presidential campaign. Outsourcing jobs is a major concern of voters, and with good reason. In Michigan alone, as New York Times’ writer Peter Goodman notes, more than 300,000 manufacturing jobs have been lost to foreign competition during the last eight years. Yet globalization encourages foreign investment...
Anthony P. D’Costa April 9, 2008
Talented professionals, including information-technology workers, chose to migrate for jobs and high wages. Such workers have often moved from developing countries in Asia and Eastern Europe to the wealthy developed nations, where graying populations and a lack of youth interest in mathematics and other technical subjects, created a need for skilled workers. But a new shift is also on, reports...
Andrew C. Schneider April 7, 2008
Candidates promise to re-open a free-trade agreement like NAFTA – to attract voters from states with high unemployment rate, where concern about the loss of high-paying manufacturing jobs is rampant. “Renegotiation would cause more problems than it would solve,” explains Andrew Schneider, associate editor of the Kiplinger Letter. In reopening the agreement, the US would not be alone in demanding...
Helen Nyambura-Mwaura April 4, 2008
Health analysts agree that hiring of African nurses and doctors by hospitals in developing nations is a problem that invites the risk of new diseases emerging and spreading quickly around the globe. The 10 countries with the highest tuberculosis and HIV rates are in Africa. Health care workers are in short supply around the globe, but shortages are particularly acute in the poorest countries....