In The News

Managing Globalization: If It’s Here to Stay, What Do We Do Now?

Daniel Altman February 10, 2006
It has been approximately two decades since the word “globalization” became standard in business and economic discussions. In the beginning, the word described the challenges facing Western companies that had to compete with lower-priced, sometimes better quality imports from countries like Japan, South Korea, and China. Over time, however, the term’s meaning expanded as Asian companies started...

NAFTA and Nativism

Harold Meyerson February 10, 2006
Shortly before the North American Free Trade Agreement (NAFTA) came into effect in 1994, then US President Bill Clinton optimistically predicted, as more Mexicans gained the ability to support themselves at home, a gradual decline in illegal immigration. Contrary to Clinton’s promise, however, the US has seen a four-fold increase in undocumented Mexican workers in the last decade. Putting...

China, the WTO and Globalization

Dorothy Guerrero February 6, 2006
Most commentators, stunned at China’s growth, are interested in projecting how soon the country will overtake the US as the world’s largest economy. But for the Chinese people, the more pertinent forecast is when the benefits of WTO accession and foreign investment will make their way to them. China has succeeded in making itself a top destination for foreign direct investment by offering tax...

Unpopular Globalization: Why So Many Are Opposed

David Dapice February 2, 2006
The world economy has done well in recent years, yet workers in rich nations remain anxious about how globalization will affect future jobs, wages and benefits. In the US, Ford and General Motors have slashed jobs and closed plants. Plentiful skilled labor in emerging countries raises fears about depressed wages worldwide. More importantly, specific policies and conditions in Europe and the US...

America Should Open Its Doors Wide to Foreign Talent

Craig Barrett February 1, 2006
Discussion about challenges in America’s immigration policies tends to focus on the millions of illegal immigrants. But the more pressing immigration problem facing the US today, writes Intel chairman Craig Barrett, is the dearth of high-skilled immigrants required to keep the US economy competitive. Due to tighter visa policies and a growth in opportunities elsewhere in the world, foreign...

A New Wrinkle for Globalization

Katrin Bennhold January 26, 2006
For its proponents and opponents alike, economic globalization’s greatest force is its disregard for the sanctity of national borders. Some analysts have forecasted that growing cross-border transaction will weaken the nation-state as we know it. Yet recent events suggest otherwise. While some nations empowered by natural resources like oil and gas have been flexing their muscles against...

Migration: Illegal But Integral to Economy

Sanjay Suri January 25, 2006
Europeans often blame illegal immigrants for a number of social ills, including high rates of crime and unemployment. Yet “people with irregular status” are the invisible bedrock for many social institutions in the developed world, suggests this article in Terraviva Europe. Without the work of illegal immigrants from Africa, Asia and parts of Eastern Europe in fundamental sectors like healthcare...