Keyword: globalization

Choke Power (1/10/2007)

Their strategic location at the chokepoints of global trade allows American longshoremen to share a bigger piece of the globalization pie.

Keywords: chokepoint, container, globalization, ILWU, labor productivity, labor union, lockout, longshoremen

Dividing the Pie (5/13/2010)

Over-extended American consumers provided the ultimate market for consumer goods exported from low-wage countries that are willing to sell on credit.

Keywords: cheap labor, credit, economic pie, globalization, imbalance, profit share, Reserve currency, saving rate, trade deficit, wage share

Income Distribution (7/7/2006)

In the U. S., the top income group has been gaining relative to the rest of the population due to globalization, but the belief in upward mobility is still strong.

Keywords: capital, Gini coefficient, globalization, income distribution, labor, middle class, offshoring, outsourcing, union, upward mobility

Income Lotteries (6/22/2006)

Income distribution may be more unequal while average income is increasing.

Keywords: average income, Bill Gates, globalization, income lotteries, median income, millionaire

Moving Up by Staying Put (8/30/2001)

American companies are increasingly outsourcing back-office and software design work to highly skilled but lower-cost English-speaking foreign workers.

Keywords: back office, foreign workers, globalization, H1-B visa, high- tech industry, immigrants, jobs, labor mobility, migration, outsourcing, salary, skilled workers, wage