In The News

Margot Cohen October 1, 2007
Just two decades ago, gravestone suppliers based in India were poised to dominate the global market. But now, China imports colorful granite available only in Indian quarries, manufactures tombstones and sells them to the world. In the process, China undercuts prices from other producers, including those in India. As Sino-Indian trade reaches unprecedented levels, India’s trade deficit with China...
Ken Belson October 1, 2007
An anti-immigrant fire has swept the American landscape over the past two years, and immigrants are not the only ones scorched. Laws passed in more than 30 US towns, penalizing anyone who employed or rented to illegal immigrants, sent thousands running and left local businesses empty of customers. The laws, intended in part to eliminate the wage suppression typically associated with large illegal...
Matthew J. Slaughter September 28, 2007
Many workers in the US fear that the United Automobile Workers’ strike against General Motors signals that the domestic auto industry is “losing” at globalization. The strike has ended, but some workers urge the federal government to scale back US involvement in international trade, most notably with emerging markets like China. Economist Matthew Slaughter counters that globalization has netted...
Nina Lakhani September 27, 2007
In 2004, Britain declassified cannabis, decreasing the penalties for growing or possessing the controlled substance. As fear of punishment faded, demand grew and so did the appeal of producing the drug for greater profits. Organized crime rushed to fill the gap between supply and demand, and with record levels of production, Vietnamese gangs rely on children to tend plants. So declassification...
Anand Giridharadas September 26, 2007
India was an early leader in benefiting from the technology-driven globalization of the job market, but now positions such jobs all over the globe. A traditional recipient of outsourced labor, India has experienced rising worker wages and competition from other developing countries. As a result, writes journalist Anand Giridharadas, Indian firms have opened offices in countries such as Mexico,...
Mark Thirlwell September 17, 2007
Even as economists fret about sustaining global economic integration and politicians in the wealthiest nations make opposition to globalization a winning campaign theme, the phenomenon continues to connect the world. Such a dichotomy may not continue for long, warns economist Mark Thirlwell. Growing alarm in the developed nations stems from the emergence of powerful competitors in the developing...
Shada Islam September 14, 2007
Ever since the 9/11 attacks, Islamic extremists have chosen the US as the target of their ire. But in the six years since 9/11, actual attacks planned on US soil are few in number, with more plotters emerging in Europe. Shada Islam, journalist and policy analyst based in Brussels, suggests that Muslim immigrants in Europe and US both share frustration about Western prejudices and...