In The News

Business: A Jack Welch of Communists

Sarah Schafer May 3, 2005
While China is already a world economic powerhouse, it has produced virtually no global companies. Haier, arguably China's most respected business leader, aims to change this. With over US$10 million in debt in the early 1980s, the firm started from humbled beginnings. Today, though, Haier is one of the world's top five producers of household appliances, with 30,000 employees and more...

India's IT Prodigals Return Home

Harsh Kabra May 2, 2005
"Brain gain" is booming in India as highly-skilled expatriates are returning home. A recent mini-migration of some 25,000 engineers, software designers, managers, and other professionals has taken place between the United States and India in the past four years. The numbers are still growing. The decision to uproot after decade or more of life in the US is motivated by a new land of...

Not Your Average Chinese Worker

Edward Cody April 29, 2005
NBA player Yao Ming can add a new award to his collection: the title of "vanguard worker." The honor, bestowed every five years upon people whom the Chinese Communist Party believes to be exemplary, selfless workers, has ignited debate over what it means to be a Chinese worker. For many in China, the 7-foot-6-inch (2.28 meter) millionaire does not fit the tradition of blue-collar...

Reality Check for European Union

Jonathan Fenby April 27, 2005
One year ago, the European Union seemed to be on a roll. Membership had grown to 25, and many in the Union saw a united Europe as the surest method of challenging American hegemony. Now that dream may be on the brink of failure, writes Jonathan Fenby. If public opinion polls are correct, French voters will reject the proposed European constitution in a May 29th referendum. A "no" vote...

In Search of Stealth

April 25, 2005
Today's business climate has spawned a globally mobile workforce. Instead of organizing around geographic regions, multinationals are structured around business units run by teams of globe-trotting executives. And as offshoring and cross-border joint-ventures grow in popularity, executives must spend more time on short-to-medium assignments abroad. This environment has created a new type of...

'Wake Up and Face the Flat Earth'

April 18, 2005
Since Columbus discovered the New World in 1492 and reconnected peoples that had been separated for ten millennia, globalization has become increasingly fast-paced. The interconnected world, facilitated by information technology and trade liberalization in the late 20th century, is the most recent wave of human societies' efforts to connect each other even more closely. In his previous book...

Lou Dobbs Fuels American Immigration Paranoia

Evelyn Shih April 18, 2005
As the dollar continues its steady fall, many Americans have begun to fear a permanent downward spiral of the entire economy. According to this Yale Herald opinion, CNN anchor Lou Dobbs blames outsourcing and illegal immigration for this trend. For over a year, Dobbs has dedicated a permanent segment on his daily news show to those two subjects, speaking to a willing audience of middle-class...