In The News

Anxious America – Part I

S.L. Bachman March 9, 2006
Americans tend to take contributions from foreigners for granted. But with the post- 9/11 obsession with security, the attitude is changing, leading to visa restrictions and worry about business deals that in the past raised nary a concern. In a two-part series, YaleGlobal examines the implication of this extra concern about security on US economic prosperity. Recently the announcement about a...

What a Shame

Mohamed Hakki March 9, 2006
Neoconservatives support using the unrivaled power of the US to spread democratic values and prevent conflicts before they start. As the Iraq war drags on to its third year, such politicians have become less influential in the US. But one neoconservative disciple, Paul Wolfowitz, president of the World Bank since 2005, has been arguing for greater accountability. As the former US deputy...

A Year Abroad (or 3) as a Career Move

Hillary Chura March 8, 2006
More US students are adapting to a globalized economy by working abroad. A surprising benefit is success in the job market after returning home. Teaching in a foreign country, bartending, taking care of children, typing or even traveling and picking grapes can demonstrate resourcefulness and other skills that employers find valuable. Organizations that help students work abroad estimate that 35,...

German Firms and the Wild West of Globalization

March 7, 2006
Today, any company’s survival depends on its ability to follow the twists and turns of the global economy. Presiding over the game are investors, analysts and fund managers who demand profits. Success can be a Darwinian proposition, with corporate legacy no longer a priority – and three German firms provide case studies on strategies for adapting to rapid globalization and overseas competition...

America's Immigration Advantage

Marcelo M. Suarez-Orozco March 6, 2006
Europe and the US have different perspectives on immigration and therefore different problems, according to immigration scholar Marcelo M. Suarez-Orozco. Immigrants typically receive good educations on both sides of the Atlantic, but immigrants in Europe face intense discrimination in the labor market. European immigration is driven by asylum-seeking and marriage, so ethnic groups tend to...

Is Globalization a Blessing or a Burden on Women?

Rezina Sultana March 6, 2006
Women, accounting for half of the world’s population and two-thirds of the world’s work hours, consistently have fewer resources and less representation at decision-making levels. Some industries, particularly in male-dominated societies, take advantage of eased movement of capital and reduced state controls on trade and investment to reduce wages for the poor, especially women. An example is...

Hard Work, Furtive Living: Illegal Immigrants in Japan

Sharon Noguchi March 2, 2006
As Japan confronts challenges of a low birth rate, an aging population, and a shrinking labor pool, Sharon Noguchi describes the country’s newfound reliance on illegal workers who are employed in low-wage jobs and unprotected from exploitation. Immigrants from China, Latin America and South Asia seek jobs with employers willing to risk legal punishments in order to hire workers at lower wages....