In The News

May 7, 2007
Economic integration schemes have a powerful impact on growth in developing nations, reports Gerald McDermott, Lazlo Bruszt and Vanesa Sanchez in a paper “International Integration Regimes as Development Programs: A Comparison of EU and NAFTA Accession Processes” for Knowledge@Wharton, an online business publication of the University of Pennsylvania. Economic indicators suggest that European...
Alexei Barrioneuvo April 25, 2007
Researchers are scrambling to determine the reasons behind the disappearance of 25 percent of US honey bees – as well as colony crashes in Europe and South America, which may or may not be linked. Culprits could include viruses, funguses or pesticides. Honeybees are the principal pollinators of hundreds of crops and essential for fruits, vegetables, flowers and nuts – and the insect’s decline...
Daniel Altman April 18, 2007
Workers in the wealthy nations like the US are not losing jobs to immigrants or outsourcing, suggests globalization analyst Daniel Altman in “The International Herald Tribune.” However, intense competition among global labor markets, along with rising health-care costs in the US, could be keeping the lid on wages. “The largest cost isn't those who lose their jobs but those who have lower...
David Wessel March 30, 2007
Free trade and free movement of labor has long enriched the US, but analysts increasingly point out that neglect of the nation’s science, education and manufacturing base could limit future prosperity. The US public took little notice when unskilled jobs moved overseas – but some economists predict skilled jobs, any that can be accomplished via the internet, will soon follow. Fast-paced...
Heidi Crebo-Rediker March 29, 2007
If American policymakers hope to exercise influence in international affairs, they must recognize that US control wanes as more economic power spreads around the globe. The US can prepare accordingly by recognizing its own deficiencies – high debt, protectionist tendencies and overdependence on foreign oil – and instituting reform. States that are a prime source, destination and market for...
David Dapice March 26, 2007
As manufacturing jobs continue to slip away from the US, Democrats in control of US Congress could be tempted to apply protectionist measures. But any regulations that attempt to restrict trade could backfire and chase more skilled jobs abroad. Economist David Dapice describes US economic problems – unbalanced budgets, a negative savings rate – as “home grown,” and the solutions require sacrifice...
Rick Weiss March 16, 2007
A decade ago, European farmers and regulators questioned US plans to defy insect or weather problems in the agriculture industry by modifing plant genetics. US researchers and regulators dismissed such concerns as unreasonable and protectionist, but have since discovered that the tiny bits of pollen can spread in many unintended ways. “Biotech crops approved only as animal feed have found their...