Word: protectionists
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...demons they have long tried to pretend didn't exist. Bush was, in effect, endorsed by Japanese Prime Minister Junichiro Koizumi, who has supported the war in Iraq and whose willingness to shoulder a greater security burden in Asia suits the U.S. fine. Leaders in the region saw a protectionist in John Kerry: they heard that grave quaver whenever he pronounced the word outsourcing, a term that to Asians just means the livelihoods to which they are entitled. They feared that Kerry would adopt policies that would interrupt the region's astonishing economic development and burgeoning prosperity...
...phone and saying, "Bonjour, this is Marie," the customer-service representative would be required to say: "This is Marie in Rabat." Webhelp worries that such a measure would confuse customers and scare off potential corporate clients. "It could really hurt us," says Jousset. "Over the long term, such protectionist steps never work. But over the next five years it could slow the development." More than two years after the U.S. began worrying about the export of American jobs to lower-cost countries, Europe has finally woken up to the "offshoring" threat. European companies have been moving some manufacturing facilities abroad...
...also deplores France's 35-hour workweek, and says it must be changed to allow those who want to work more to do so. And consider the blatant interventionist. Sarkozy brokered the €2 billion state bailout of engineering giant Alstom, angering E.U. members who called it an unfair protectionist subsidy. He also coerced Franco-German pharmaceutical giant Aventis into merging with French competitor Sanofi-Synthelabo, neither of which is state-owned, to thwart takeover plans by Swiss rival Novartis. "I'm conservative, liberal-inclined and I believe in market economics," Sarkozy says. "But when an issue lands...
...adapt to changing economic conditions. According to a study by the World Bank, the cost of firing a worker in Indonesia averages 157 weeks of pay, higher than in any other East Asian country except communist Laos. Union leaders, of course, don't see the labor rules as overly protectionist. Dita Indah Sari, a longtime labor activist and chairperson of the Front Nasional Perjuangan Buruh Indonesia union, says current law doesn't go far enough to protect workers. Business and government leaders "shouldn't scapegoat the workers to hide their economic failures," says Sari, who blames the country's lackluster...
Whether patriotic or protectionist, country-of-origin legislation, after years of debate, got a boost from terrorism. "With 9/11, COOL took on a life of its own as a food-safety issue," says Barry Scher, vice president of Ahold, the supermarket conglomerate. "It got hard for Congress to look the other way." But retailers contend the law would do nothing to control contamination or pesticides, much less bioterrorism. And, they say, it would cause chaos in the grocery aisles. Should stores be fined $10,000 if a clerk tosses bananas from Costa Rica under a shelf tag reading ECUADOR? Should...