In The News

David E. Sanger May 22, 2003
In his commencement address at the U.S. Coast Guard Academy, U.S. President George W. Bush urged the European Union to lift the ban on bio-crops so as to make Africa not "fear being shut out of European markets." Many U.S. officials, including the President himself, have alleged that the European fear of bio-crops was without scientific basis. Meanwhile, one E.U. official, in response...
H. A. Harry Hendrarto May 14, 2003
The World Fair Trade Day on May 17 highlights sustainable development and the connections between economic production and the environment globally. Free trade has benefited the developed world and contributed to increasing poverty in the developing world, says the author of this article. Countries in Europe and North America have the greatest share of revenues from free trade. International...
Supalak Ganjanakhundee May 1, 2003
Thailand has become a host nation to almost half a million legally working migrants and countless illegal immigrants. Though it continues to be in a better condition than its neighboring states, the Thai economy is still feeling the strain from too many workers and too few jobs. A cooperative solution is being negotiated to create jobs in the home countries of the illegal immigrants, which...
Frank Pergande April 25, 2003
Poland’s pending membership in the European Union should, in theory, offer great benefits to towns on the border between Germany and Poland. The divisions created in 1945 had severe economic consequences for some small border towns. EU membership for Poland and cross-border trade between these poor German and Polish towns could make a difference. Studies caution, however, that most economic...
Michele A. Clark April 23, 2003
Women and children have been among the biggest losers in this era of globalization, if we consider the massive increase in human trafficking in recent years. Cheated or sold into a life of sexual slavery or indentured servitude, the victims of human trafficking and their stories reveal the dark underside of increased international mobility. With the demise of socialist states, in particular,...
Andrew Buncombe April 10, 2003
Ironic that a Baghdad suburb named after Saddam Hussein is home to a population that vehemently opposes him. The residents of Saddam City belong to the minority Shia sect and live in poverty. The attack on Iraq has provided the residents with a much over-due opportunity to publicly denounce Saddam. For the poor in Saddam City, the attacks are also an occasion to celebrate, by mass lootings of...
Tim Weiner March 19, 2003
Still struggling after decades of failed poverty alleviation schemes and IMF-imposed structural adjustment programs, poor women in some developing countries are finding hope and success in micro-loans. In Mexico, where banks have generally ignored the financial services needs of the poor, microcredit organizations offer poor people loans of a few hundred dollars to start new small businesses....