In The News

US Immigration Policy Fritters Away Higher-Education Benefits

Hassan Siddiq, Susan Froetschel October 31, 2007
A halfhearted embrace of globalization prevents the US from reaping full benefits of the students who attend its universities, allowing them to slip away to other countries. American universities attract some of the best students, enriching the talent pool and filling coffers, but a narrow-minded immigration policy squanders the benefits. Some analysts go as far as to suggest that science and...

Consumer Mouse That Is Roaring

Peter Kell October 29, 2007
The marketing of some products, particularly those targeting children, is irresponsible. Some firms make outlandish claims, all to make a profit. As a result, global consumer trust has declined both in rich and poor countries. Still, some countries regulate products and marketing more heavily than others. "As consumers we face the reality that product standards in other countries can have a...

China and India: Same Globalization Road, Different Destinies

Scott B. MacDonald October 24, 2007
Some analysts suggest that China and India are on a path to perpetual cooperation. Both are populous Asian nations experiencing high rates of economic growth with more exposure to international market forces. However, diverging political and economic ambitions could drive the two powerhouses into increasing rivalry over markets, natural resources or strategic partners, suggests Scott MacDonald, a...

Outsourcing Is Too Wild to Fit Economic Theory

Andy Mukherjee October 9, 2007
Firms that consult and perform outsourcing work make use of all available space, time and labor. Global outsourcing is highly unpredictable and firms can perform projects from many locations, explains Andy Mukherjee for Bloomberg.com. Mukherjee provides an example: When Satyam Computer Services did one project for John Deere in Illinois, the firm rented nearby space, assigning 10 engineers to...

The New AIPAC?

Mira Kamdar October 3, 2007
Inspired by the success of AIPAC and other lobbying organizations in forging a pro-Israeli American foreign policy, Indian-American groups are beginning to hit their stride. The biggest success for what World Policy Institute fellow Mira Kamdar calls the "India lobby" has been the overwhelming passage through the US Congress of a nuclear-cooperation deal that would legitimize India...

Rumble in the Graveyard

Margot Cohen October 1, 2007
Just two decades ago, gravestone suppliers based in India were poised to dominate the global market. But now, China imports colorful granite available only in Indian quarries, manufactures tombstones and sells them to the world. In the process, China undercuts prices from other producers, including those in India. As Sino-Indian trade reaches unprecedented levels, India’s trade deficit with China...

Let’s Have a Real Debate on Globalization

Matthew J. Slaughter September 28, 2007
Many workers in the US fear that the United Automobile Workers’ strike against General Motors signals that the domestic auto industry is “losing” at globalization. The strike has ended, but some workers urge the federal government to scale back US involvement in international trade, most notably with emerging markets like China. Economist Matthew Slaughter counters that globalization has netted...