In The News

Migrants, Bound for Spain, Set off a Boom

Meg Bortin June 21, 2006
Many West Africans pool funds to finance their own illegal immigration to the Spanish Canary Islands by boat. Fish was the lead export for Senegal in 2003, but the bountiful oceans of Western Africa have long been decimated by massive foreign fishing trawlers that took advantage of the coast’s once abundant fish supply. So the one-time fishermen of Senegal have found another way to generate...

The Corner Office in Bangalore

Lawrence Orlowski June 19, 2006
Outsourcing of manufacturing and service jobs has led to skyrocketing compensation for chief executives at the expense of shareholder profit, according to authors Lawrence Orlowski and Florian Lengyelion. With a large global pool of executive candidates and the average compensation for foreign CEOs much lower than that of their US counterparts, corporations could save even more by locating the...

Mexico Worries About Its Own Southern Border

Ginger Thompson June 15, 2006
While Mexican authorities have chided the US for its policy of increasing militarization of the US-Mexico border, Mexico’s President Vicente Fox also makes plans for more patrols of the southern border in his own country. Indeed, Mexican regulations on immigration are far tougher than those in the US. Detentions and deportations have risen by about 74 percent in the past four years, according to...

Opportunities in Globalization

Rocco Leonard Martino June 13, 2006
The global telecommunications industries are potential sutures to wounds in the US economy brought on by corporate outsourcing to countries with low labor costs, according to Rocco Leonard Martino, the CEO of CyberFone Technologies. The technological advances of the internet provide the US with extraordinary opportunities to advertise innovative products at a rapid pace, allowing for increased...

Somalis Brave a Sea of Perils for Jobs Abroad

Marc Lacey June 5, 2006
For individuals seeking an escape from the crushing drought, poverty and violence of Somalia, the width of the Gulf of Aden between the African coast and that of Yemen is tantalizingly narrow. The two-day journey, however, is deadly for the migrants who cram onto rickety fishing boats, waiting to be smuggled across the divide. Conservative estimates suggest that since September 2005, about 1000...

Transcript of “An Interview With N.R. Narayana Murthy”

June 5, 2006
The following is a transcript of Nayan Chanda’s interview with Infosys founder, N.R. Narayana Murthy, conducted on April 28, 2006. Murthy analyzes factors required for success in the global market. He founded Infosys in 1981 with six software professionals, and now serves as the chairman and chief mentor for the firm. Since 1981, the firm has become one of the most innovative in the world,...

The Gauls at Home in Erin

John Tagliabue June 2, 2006
Young Europeans now travel about the continent, overcoming language and cultural barriers in search of better work opportunities – a major cultural shift. One increasingly common migration trajectory is from France to Ireland. Ireland’s economy and job prospects, especially in fields like finance and computers, beckon young adults from France, who flee the nation’s high taxes and high...