In The News

Inequality and Globalization

Ben Bernanke February 21, 2007
The US strives to provide equal opportunity for all individuals, but does not guarantee equal economic outcomes, explained US Federal Reserve Chairman Ben Bernanke in a recent speech. Still, new competition or inventions like the computer can make some workers’ skills obsolete, warns Benanke, and if the nation does not provide a support system for such workers, thus limiting some of the risks,...

Terrorist Networks Lure Young Moroccans to War in Far-Off Iraq

Craig Whitlock February 20, 2007
DNA tests show that some of the suicide bombers in Iraq came from other countries, willing to cross a continent to die for a cause. Journalist Craig Whitlock describes in the “Washington Post” how Al Qaeda recruits young males in Morocco, including college students and one young man who left a wife and infant. Recruiters for extremists target young men who are concerned about matters of “...

Globalization Forces a Health-Check of US Auto Industry

Susan Froetschel February 19, 2007
Of the top six automobile-manufacturing countries in the world, the US and China are the only ones that lack universal government-backed health care. US workers expect employers like Ford, General Motors and Chrysler to provide cradle-to-grave health coverage, a significant cost burden not shared by competitors. The problem is exacerbated by health plans for retired employees – every plant...

India Eyes Riches at Poor's Expense

Amelia Gentleman February 19, 2007
India presents a triumphant stance as it boasts growing financial success in the global sphere. While skyscrapers loom and information-technology professionals prosper in Dehli and Mumbai, hundreds of millions of others live in poverty, perform backbreaking labor and struggling to provide adequate nutrition for their children. This contradiction troubles Indian Health Minister Ambumani Ramadoss...

China’s Neo-Colonial Slavery in PNG

Rowan Callick February 15, 2007
China’s growing worldwide investment in natural resources is not a new story and just one of many results of a well-chronicled booming economy. What is new is the phenomenon of Chinese corporations dealing with the people and governments of countries supplying them with these mineral riches. A large-scale nickel extraction scheme in Papua New Guinea (PNG) is one such endeavor, in which conflicts...

You’ve Never Had it So Good

February 12, 2007
Although there have been some costs, Britain has gained overall from the globalization of the last decade. Perhaps because of its colonial past, “The Economist” argues, Great Britain has embraced the economic shift in the developed world from manufacturing to services brought on by globalization. The country has seen a decade of solid economic growth and per-capita GDP levels surpassing those of...

Managing Globalization: The Global Quest for a Second Passport

Daniel Altman February 7, 2007
With citizenship comes certain rights – and some workers try to accumulate more rights be acquiring citizenship in more nations. Nations tinker with citizenship laws to attract talent, and individuals examine citizenship laws to broaden a job search. For example, people with grandparents of European heritage, would-be soldiers willing to fight for the US in Iraq and pregnant women who travel to...