In The News

US Launched Corporate Globalization and First to End It

Joe Costello September 1, 2010
Globalization, people and ideas mixing through immigration and trade, has enriched the US but also added to complications. “America has been as successful, more so than most, using the principles and practices of this republic's founding, to mix the nationalities of Europe and more fitfully other peoples from across the planet into a relatively healthy concoction,” explains Joe Costello,...

Western Profits Wilt on China's Surging Wages

Ambrose Evans-Pritchard August 31, 2010
As wages rise in China, companies of the West recognize that they cannot pass higher costs of manufacturing electronics or clothing onto their consumers who hold their purses tightly, amidst worries about the recession. “Reliance on Chinese plants is suddenly proving double-edged,” observes Ambrose Evans-Pritchard for the Telegraph. Some companies plan for reduced profits or shifting production...

Unwanted Immigrants: America’s Deportation Dilemma

Joseph Chamie July 27, 2010
Increased labor mobility has accompanied global population growth and ease of travel. The world has roughly 50 million illegal migrants, about one quarter of which live in the US. Nations widely oppose illegal immigration, but identifying, catching and then deporting violators present a huge challenge, explains Joseph Chamie, research director for the Center for Migration Studies. Attitudes about...

Europe’s Social Burden

Nayan Chanda July 21, 2010
For more than four decades, Europe’s system of taxation provided its citizens with job security, education, health and retirement benefits that were envied around the globe. But global recession, an aging population and tax avoidance have disrupted the system, explains YaleGlobal editor Nayan Chanda in his regular column for Businessworld. Before the crisis struck, too many politicians tried to...

Headless Bodies and Other Immigration Tall Tales in Arizona

Dana Milbank July 16, 2010
Immigration has been a major driver of US economic growth, but at a time of economic distress, it has emerged as a contentious issue. Recent attempts by politicians to exploit concerns over immigration by falsehood or exaggeration could have unintended consequences. Defending a new law targeting illegal immigrants, Arizona politicians claim rising violence along the state’s border shared with...

Worry on the Jobs Front

Nayan Chanda July 12, 2010
Global economic recession severely curtailed hiring in the developed nations – and economists debate whether the slowdown is temporary or a “new normal,” explains Nayan Chanda, editor of YaleGlobal Online, writing for the Times of India. Some analysts blame outsourcing, low-cost labor and minimal regulations in emerging economies for high unemployment rates. Yet decisions of policymakers,...

Influence Industry: US Honey Industry Asks FDA for National Purity Standard

Dan Eggen July 9, 2010
Competition with Chinese imports unnerves the maker of any product. The US honey industry, already suffering from a declining bee population, seeks government help in preventing honey laundering or counterfeiting. The US honey industry accuses some Chinese makers of diluting products or transporting goods to third countries to avoid anti-dumping duties, reports Dan Eggen for the Washington Post....