International Finance: A Casebook

Desai’s case studies provide readers with a unique perspective in the field of international corporate finance. His cases will help them understand international financial markets, including the instruments and techniques used in the foreign exchange market, monetary policy and international asset allocation. With the help of practical examples, readers will also examine the decision-making that goes into formulating an appropriate foreign exchange hedging strategy, how … [ Read more ]

The Unpredictable Dollar-Euro Exchange Rate

The rate at which dollars are exchanged for euros impacts our daily lives. So, it’s no surprise that this and other currency fluctuations are studied and debated. What could be called the “classical approach” attributes changes in the exchange rate to changes in GDP and other such variables. Yet, Meese and Rogoff overturned this theory in 1983 by showing that exchange rate changes are unpredictable. … [ Read more ]

Expectations Unfulfilled?

Over a ten-year time span, from 1993 to 2003, the early expectations and eventual experiences of European executives were examined in a longitudinal study. In 1993, a cross-sectional sample of executives was polled about their plans and forecasts concerning the coming single market. In 2003, a similar sample of executives was surveyed regarding what they felt had come to pass over the first decade of … [ Read more ]

Organizing for Global Advantage in China, India, and Other Rapidly Developing Economies

This report sets forth the organizational practices and design principles of companies that are operating successfully in rapidly developing economies, particularly China and India. Whether global companies are currently engaged in sourcing, manufacturing, selling, or conducting R&D in these markets-or, very often, doing all four-they are finding the task of organizing their activities there a significant challenge.

Global Strategy: Creating and Sustaining Advantage across Borders

Global Strategy deals with the question of how firms can compete in a global environment. Andrew Inkpen and Kannan Ramaswamy examine the issues considered central to the study of strategic management in a global context, such as the nature of global advantage, strategic alliances, competing in emerging markets, international corporate governance, global knowledge management and ethical issues in international business. Much as been written about … [ Read more ]

City Planet

Get ready for cosmopolitan slums with thriving markets, aging residents, and the most creative economies in history.

Susan Davidson

It seems that if the task is tough, Americans take charge. If the talk is tough, we take cover.

World Bank Privatization Database

This site provides information on more than 9,000 privatization transactions in developing countries from 1988 to 2003. Search transactions by country, region or sector for a particular time period or for the entire period covered in the database.

Extreme Competition

The forces of globalization, technology, and economic liberalization are combining to make life harder than ever for established companies.

Counting in Chinese

With reliable data hard to come by, creating a winning marketing formula for China can be a head-scratching exercise.

Editor’s Note: this is the first article in a special report on China. I also recommend the article, “It’s Not What You Know…” and the PDF “Not All Markets Are Created Equal”

The Globalization Debates

Most people agree that globalization and the introduction of a market economy have the power to do enormous good. But for many in the developing world, they have not brought the promised economic benefits – and in many cases, they have made things much worse. Three key players in the globalization debates – 2001 Nobel Laureate in Economic Sciences Joseph Stiglitz, renowned philanthropist and president … [ Read more ]

Kiss, Bow, or Shake Hands: How to Do Business in Sixty Countries

In a global economy, it is crucial for business people to be sensitive to cultural differences. And although the best reason for doing so may be ethical, it’s great for business as well! This is an invaluable book for “doing well while doing good” in your intercultural relations, covering the protocols of appointments, business entertaining, greetings, forms of address, gestures, dress, and gifts in 60 … [ Read more ]

The Economic Impact of an Aging Japan

The rapid aging of the Japanese population will dramatically reduce savings and wealth-and cut off an important supply of capital to the world.

The Economic Impact of an Aging Europe

The aging of European populations will threaten living standards and prosperity.

Crucial Challenges Facing Contemporary Global Corporate Strategies

Globalization opens up countless opportunities for companies, such as access to multiple markets, new revenue, knowledge and technologies, thus enabling them to enhance their competitiveness. At the same time, however, their activities are under serious threat in an environment of increasing world instability caused by geopolitical and social conflicts, together with economic and financial risks. Furthermore, the solidification of an unbalanced global economic system is … [ Read more ]

Making Foreign Moves Pay Off

International expansion requires a sure-footed strategy. Bain analysis shows that more than 60% of geographic moves fail entirely, and only 17% of companies achieve profitable foreign growth. But for those who get it right,the rewards can be great. How can companies score similar successes in overseas fields of competition? Bain’s research surfaced four major conditions linked to profitable international expansion: a strong domestic core; a … [ Read more ]