In The News

Michael Smith March 14, 2007
Some jobs trap desperate workers into circumstances that are impossible to escape. At that point, the work is no longer a job but slavery. An example are the men who shovel hardwood into kilns to make charcoal for the Brazilian pig-iron industry, used for sinks, cars, refrigerators and other conveniences for wealthier consumers throughout the Americas. The US has laws against importing products...
Scott Barrett March 2, 2007
While the historic responsibility for the current state of atmospheric greenhouse gases lies with the now-developed countries, the fastest growing emitters are currently in the developing world. Scott Barrett, director of the International Policy Program at Johns Hopkins University, argues that it is in everyone’s interest to pursue the most efficient policy rather than the apparently populist...
February 27, 2007
Ethiopia's quality-of-life indicators have improved in recent years, but poverty remains at crushing levels. Meles Zenawi's government has become increasingly intolerant of opposition, arresting dissidents, closing newspapers and websites. Human-rights advocates in the EU and US, including some in the US Congress, pressure their governments to cut aid to the regime. The US Pentagon,...
Ben Bernanke February 21, 2007
The US strives to provide equal opportunity for all individuals, but does not guarantee equal economic outcomes, explained US Federal Reserve Chairman Ben Bernanke in a recent speech. Still, new competition or inventions like the computer can make some workers’ skills obsolete, warns Benanke, and if the nation does not provide a support system for such workers, thus limiting some of the risks,...
David Adam February 20, 2007
New studies of ice in Greenland and Antarctica show that ice is melting faster than scientists had expected. Melting ice would raise sea levels by 6 meters and sharply reduce the world’s supply of fresh-water. Low-lying areas – from Bangladesh to London and New York – can expect major flooding. Scientists estimate a 50 percent chance that the planet’s ice caps will melt, regardless of what...
Amelia Gentleman February 19, 2007
India presents a triumphant stance as it boasts growing financial success in the global sphere. While skyscrapers loom and information-technology professionals prosper in Dehli and Mumbai, hundreds of millions of others live in poverty, perform backbreaking labor and struggling to provide adequate nutrition for their children. This contradiction troubles Indian Health Minister Ambumani Ramadoss...
Baldev Raj Nayar February 1, 2007
As globalization gained speed during the latter part of the 20th century, so too did India’s integration with the world economy. Baldev Raj Nayar, emeritus professor of political science at McGill University, counters critics who suggest that globalization has increased instability or poverty. By opening the door to multinational firms, India strengthened and diversified the country’s economy. He...