In The News

Meet the Zippies

Thomas L. Friedman February 22, 2004
Wearing clothes other than the traditional Indian outfits, India's youth of today have become the first generation in the country to welcome global trade and the western jobs that come with it "with a zip in the stride." In this column in the New York Times, Thomas Friedman shows us the "zippies" phenomenon in India's many big cities like Bangalore. With 54% of the...

Staring Into the Mouth of the Trade Deficit

Elizabeth Becker February 21, 2004
Five years ago, the Northwestern city of Seattle made news when anti-globalization protests shut down a meeting of the World Trade Organization. Now, the city is back in the center of a national storm over trade imbalances and job loss. Seattle, the most trade-dependent city in the United States, earns more per capita from trade than any other area in the country. Yet with the US trade deficit at...

Women's Work: Globalization's Mixed Blessings

Erika Kinetz February 21, 2004
Women are generally preferred over men as workers in garment factories, presumably because of their "nimble fingers" and their perceived docility. In Cambodia and Bangladesh, an overwhelming majority of workers in garment factories are women. However, a study conducted by Oxfam International, a global relief agency, found that with multinational companies increasingly cutting down wages...

As It Wields Power Abroad, U.S. Outsources Law and Order Work

Andrew Higgins February 2, 2004
The US seems unwilling to face the hardships of maintaining a police force in Iraq. Instead, it has delegated the charge of keeping order to DynCorp, a multinational police contractor headquartered in California. DynCorp was subcontracted by the Bureau for International Narcotics and Law Enforcement Affairs, or INL, a division of the US State Department. Since 1994, the INL has dispatched...

Education Is No Protection

Bob Herbert January 26, 2004
Columnist Bob Herbert begins his New York Times op-ed with a critique of a conference held in New York to update executives on the new trend of outsourcing white collar jobs to countries with an educated but cheaper workforce. Such 'upscale outsourcing' is a relatively new phenomenon in much of corporate America. In the current US job market, prospects for white collar jobs already look...

Globalisation: The Forgotten Strategy

Pankaj Ghemawat January 21, 2004
Multinational corporations have employed different global corporate strategies in their efforts to adapt to the growing mobility of capital resources. Originally, the approach was to use economies of scale to compete in foreign countries with large domestic markets. Large firms can use their size to average fixed costs over many more products, bringing overall costs down compared to their smaller...

Bitter-Sweet of GM Crops

Pennapa Hongthong January 7, 2004
Genetically modified crops have been hailed as the great savior for farmers in their never-ending struggle to ward off pests and achieve higher productivity. But these claims should be taken with caution, says this commentary in Thailand's The Nation. Before Thai farmers jump on the bandwagon with GM crops, the author warns, they would be wise to learn from the experience of cotton grower...