In The News

Come One, Come All

Edward Glaeser July 12, 2007
Globalization has contributed to a decline in manufacturing cities like Detroit, forcing firms to confront foreign competitors. Other cities, like New York, reap benefits from globalization, argues Harvard professor Edward Glaeser. New York City thrives on producing ideas, and globalization spurs innovation. Innovation emerges in communities where people thrive on education, exchanging ideas and...

For Chinese Filmmakers, Success Can Sting

David Barboza July 9, 2007
The world is curious about Chinese culture, and so China's film industry and the government hope to produce blockbuster movies that can be exported around the world. Low-budget Chinese films have long attracted praise from critics, but only small audiences. Instead, foreign films from Hollywood and Hong Kong saturated the domestic movie market. In 2000, "Crouching Tiger, Hidden Dragon,...

At IBM, A Smarter Way to Outsource

Steve Lohr July 5, 2007
As information-technology jobs are outsourced, companies like IBM adapt by doing more complicated and personalized jobs for clients. In the process, the IBM team determines exactly what should and shouldn't be outsourced. For example, IBM works with a Texas utility company, CenterPoint Energy, on a “smart grid” project to improve service and save energy. IBM divides the tasks into those...

A Lesson That Thomas Could Teach

David Leonhardt June 29, 2007
For the past two decades, US firms have relied on an outsourcing strategy: They move manufacturing operations overseas where they can employ workers for low wages, distancing themselves from production and condoning secrecy about factory practices. But this strategy has repercussions: After learning that Thomas the Tank Engine toys, manufactured in China, have lead paint, businesses tried to...

Expert View: Outsourcing Is Out – It's a Political Cold Potato

Chris Walker June 28, 2007
Companies began outsourcing tasks, including payroll processing, in the 1960s. As the information-technology sector grew, so did the number of outsourced jobs. Today, all types of jobs, from low-level data entry to the transfer of intellectual property, are outsourced from high-wage to low-wage areas. Experts estimate that in India, call centers employ more than a million people, which some...