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Rajapaksa has been similarly noncommittal about Sri Lanka's economy, particularly in the north, which has suffered not just war but two decades of neglect. Aside from an application for an IMF loan, Rajapaksa's only major economic initiatives are a $1 billion port in his hometown in the south...
Morris Chang is living proof of Taiwan's ability to transform its economy. In 1985, the China-born Chang, once a long-serving executive at Texas Instruments in the U.S., was lured to Taiwan by the government as part of its effort to develop a high-tech industry. He was...
There are moves afoot to bring about this crucial change. Taiwan's vaunted Industrial Technology Research Institute (ITRI), a state-funded think tank housed on a landscaped campus near Hsinchu, produced many critical breakthroughs since its founding in 1973. But ITRI's future may lie within the center's Creativity...
Other economists note, however, that because a majority of minimum-wage earners work in outsourcing-resistant service jobs, businesses will have a hard time handing out pink slips en masse. Researchers at the University of California at Berkeley found that after an 80-cent New Jersey minimum wage hike in...
Some of the companies named in the report defend their business in the DRC by noting that their practices abide by the Electronic Industry Code of Conduct or the ethical principles of the International Tin Research Institute. Global Witness calls for higher standards in these industry guidelines to successfully monitor...