In The News

August 26, 2007
Outsourcing can reduce costs, result in some silly mistakes because of misunderstandings over culture or language, and terrify workers in nations where the wage bar is set high. Yet the outsourcing industry has matured, argues this article from the Economist. Signs of maturation include growth slowing to single-digit levels, providers competing over quality and vendors referring to themselves as...
Paul Mooney August 23, 2007
As lead exporter in many types of products, China takes pride in serving as factory to the world. But a spate of tainted products and recalls involving goods made in China gives many global consumers pause. China’s reaction includes denials, scapegoating and even the fast execution of one government official accused of taking bribes to allow production of shoddy goods. But the government has also...
Humphrey Hawksley August 21, 2007
Exploited by capitalists of the West, some farmers of Africa may eventually be tempted by the Chinese communist model or even worse, radical Islam as their ideology, says Humphrey Hawksley, a BBC correspondent and the author of “The History Book,” as he presents a case study of cocoa production in African countries. With stagnant prices of cocoa in international commodity markets, the real...
August 20, 2007
Choosing cost-cutting over quality, Chinese firms are finally getting order recalls from some of the biggest US firms. Although China publicly denies quality control problems with exports, domestic markets have faced similar quality issues. However, despite recent high-profile execution of officials in charge of drug safety, China will find it hard to transform its political culture overnight....
Nicholas Wade August 16, 2007
The Industrial Revolution may have been the result of an evolutionary change in human nature, argues Gregory Clark, an economic historian at the University of California, Davis. His research shows that, generation after generation, the wealthy people of England had more surviving children than the poor, leading him to theorize that the behaviors that made for wealth – or the middle-class values...
Nicholas Casey August 15, 2007
Ingesting lead, even small amounts, can cause irreparable brain damage in young children. So the news that major toy company Mattel has embarked on yet another major recall of toys made in China, because some contain lead paint and others contain small magnets, disturbs both consumers in the West and workers in China. Manufacturers based in China, where speech is censored, are unaccustomed to...
Pablo Bachelet August 15, 2007
Migrants report that finding work in the US has become more challenging, according to a recent study conducted by Inter-American Development Bank and the Bendixen polling firm. Migrants often feel as though they live in a “sense of siege” and many contemplate returning to their native countries. In the US, they face job, lending and housing discrimination and often do not make enough money to...