Wall Street Journal

US Colleges Continue to Court Chinese Students

US Colleges Continue to Court Chinese Students

According to the Wall Street Journal, Amherst College in western Massachusetts is among the increasing number of US colleges seeking to raise their profile in China: Amherst’s rising interest in China comes as a growing number of U.S. colleges, including New York University and Duke University, are branching out in the world’s second-largest economy. But […]

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China’s Low-Cost Road to Innovation

China’s Low-Cost Road to Innovation

We’ve previously mentioned the concept of jugaad innovation and how it may eventually pose a competitive threat to high-value-added activities in the US and other developed countries.  This week, the Wall Street Journal notes that, using a jugaad approach, Chinese chip producers are gearing up to undercut Western tablet makers.  And Apple, Google, et al. […]

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Are Apps Killing Jobs?

Are Apps Killing Jobs?

That’s the issue recently raised in the Wall Street Journal: Personal computing and the Internet have been pecking away at the labor landscape for decades, undermining demand for everyone from travel agents to call-center workers while creating jobs in other fields. The mobile-device boom, which is putting a camera, touch screen, and a high-speed Internet […]

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Colleges Start Reinventing Themselves

Colleges Start Reinventing Themselves

This from the Wall Street Journal: Colleges and universities are rushing to offer free online classes known as “massive open online courses,” or MOOCs. But so far, no one has figured out a way to stitch these classes together into a bachelor’s degree. Now, educators in Wisconsin are offering a possible solution by decoupling the […]

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China’s Days as the Globe’s Low-cost Manufacturing Center May be Numbered

China’s Days as the Globe’s Low-cost Manufacturing Center May be Numbered

A recent Wall Street Journal article asserted that China may be losing its cost advantage in manufacturing: China’s leaders are moving to shift the economy away from its traditional reliance on low-end manufacturing and heavy investment spending, seeking to build a stronger consumer base at home. A breakdown of Wednesday’s figures suggests a tentative move […]

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Will Our Shrinking Workforce be a Bottleneck for Long-Term Economic Growth?

Will Our Shrinking Workforce be a Bottleneck for Long-Term Economic Growth?

A recent article in the Wall Street Journal describes the long-term decline in the size of the US workforce and its implications for long-term growth. [Sweeping] demographic and societal changes were driving down the participation rate long before the recession took hold. Young people are starting work later as more of them go to college. […]

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