1134 Posts Found

Governments should be concerned with creating the type of investment climate (rule of law, healthy and well-educated people, good physical infrastructure, favorable tax structure, respect for private property, and so on), that leads to private investment. Organizations such as the World Bank and the United Nations should limit their activities to assisting governments in this area, rather than attempt to become economic players themselves. When … [ Read more ]

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Government, International

One of the toughest challenges that governments and companies face is encouraging economic growth in harmony with environmental and social goals rather than at their expense. This was the theme of a recent conference organized by Wharton and Turkey’s Sabanci University in partnership with the United Nations. This special report, which Knowledge@Wharton has prepared in collaboration with SRiMedia, covers several issues that came up at … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: International, Social Responsibility (ESG)

International borders may be invisible, but many high-tech manufacturers these days are tripping over them. In search of growth, companies are expanding their capacity for cross-border trade. To be successful, companies must manage the risk and complexity inherent in global supply chain networks.

Content: Article | Authors: Cameron Plummer, Chris L. Remy, David Grasso, Frank O’Dea, Mattias Lewren | Source: Accenture | Subjects: International, Operations

The Recruitment and Development Team is one of the UK’s leading providers of assessment and development centres. Using the most refined techniques for testing behavioural competence and potential of existing or prospective employees, clients are assisted in making superior judgemental decisions about recruitment, development and manpower planning.

Content: Career Information | Source: The Recruitment and Development Team | Subject: International – Europe

Democracy is not inherently good, Zakaria (From Wealth to Power) tells us in his thought-provoking and timely second book. It works in some situations and not others, and needs strong limits to function properly. The editor of Newsweek International and former managing editor of Foreign Affairs takes us on a tour of democracy’s deficiencies, beginning with the reminder that in 1933 Germans elected the Nazis. … [ Read more ]

Content: Book | Author: Fareed Zakaria | Subject: International

Poor countries should put their consumers first.

Editor’s Note: a very interesting article, this is actually an excerpt of the book, “The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability”.

Content: Article | Author: William W. Lewis | Source: McKinsey Quarterly | Subjects: Economics, International

A professor at Yale Law School, Chua eloquently fuses expert analysis with personal recollections to assert that globalization has created a volatile concoction of free markets and democracy that has incited economic devastation, ethnic hatred and genocidal violence throughout the developing world. Chua illustrates the disastrous consequences arising when an accumulation of wealth by “market dominant minorities” combines with an increase of political power by … [ Read more ]

Content: Book | Author: Amy Chua | Subject: International

The strength of China’s markets is pulling some Asian headquarters away from Tokyo and Singapore, but which of China’s “three capitals” makes the most sense – Hong Kong, Beijing or Shanghai? The answer, it appears, is that each has strengths and weaknesses, and chief executives making decisions about where to set up shop need to understand those and factor in the nature of their own … [ Read more ]

Content: Article | Source: Chief Executive | Subject: International – China

One of the world’s most influential philosophers here considers the ethical issues surrounding globalization, showing how a global ethic rather than a nationalistic approach can provide illuminating answers to important problems. In a new preface, Peter Singer discusses the prospects for the ethical approach he advocates.

Content: Book | Author: Peter Singer | Subject: International

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Corporate governance has undoubtedly improved in Asia. Some countries-Singapore in particular-have made significant progress. The next step is to instill the new behavior, and that will take time. Many corporate leaders, investors, and regulators in Asia articulate the benefits of more effective corporate governance. But they understand that enduring reform won’t be achieved overnight and that, in the short term, many practical impediments and disincentives … [ Read more ]

Content: Article | Authors: Dominic Barton, Paul Coombes, Simon Chiu-Yin Wong | Source: McKinsey Quarterly | Subjects: Corporate Governance, International – Asia

Pose the question to any audience, “How many here favor free trade and how many support protectionism or managed trade?” Inevitably, an overwhelming majority of hands are raised for free trade.

In the leading academic centers and think tanks, as well as in most of the press and major business organizations, the need for freer trade is constantly enjoined. And yet….

Editor’s Note: this article was … [ Read more ]

Content: Article | Author: Clyde V. Prestowitz Jr. | Source: Prism (Arthur D. Little) | Subjects: Economics, Trade

China has learned hard lessons from its long history of revolution and reform, but the country now seems poised to achieve its aim of catching up with the West.

Content: Article | Author: Allan Zhang | Source: European Business Forum (EBF) | Subject: International – China

The growth of Russian investment abroad and the emergence of Russian-based multinationals is a good thing, according to this working paper. The authors say the most efficient way to bring Russia closer to the world economy is to help integrate Russian companies into the global marketplace.

The authors have collected extensive data on the internationalisation of Russia’s 100 largest corporations and ask the following questions. … [ Read more ]

Content: Article | Authors: Kari Liuhto, Peeter Vahtra | Source: Pan-European Institute | Subject: International

As long as nations care what they make, as long as they believe that potato chips and computer chips are not the same thing, and as long as differences in national policies and industrial structures exist such that one nation’s efforts in these areas are facilitated at the expense of another, trade will be managed.

Content: Quotation | Source: Prism (Arthur D. Little) | Subjects: Economics, International

You are responsible for traveling employees’ safety. It’s good to tell them what not to do. It’s better to teach them how to be alert and anticipate and avoid trouble.

Content: Article | Author: Kathleen Carr | Source: CSO Magazine | Subjects: International, Miscellaneous

The world economic system is like a global highway – a network of linkages and laws that allows ideas, goods and capital to circulate quickly. But there is one big problem with this highway: it does not have enough access roads. It bypasses too many poor and marginalised communities and there are not enough institutions – economic, social, legal and political – to enable people … [ Read more ]

Content: Quotation | Source: European Business Forum (EBF) | Subjects: Economics, International

We should stop talking about ‘company and society’. We should talk about ‘company in society’. The market is always situated in social contexts; society should not be subordinated to the market. There are no alternatives to globalisation without companies – the point is, though, that not all models of companies are acceptable or viable in a globalised world.

Content: Quotation | Source: European Business Forum (EBF) | Subjects: International, Social Responsibility (ESG)

The economic case for free trade is that it produces mutual gains for countries. These gains arise from the workings of the principle of comparative advantage. Comparative advantage results from different countries having different opportunity costs of producing one traded good in terms of another; for example, the cost of a gallon of wine in terms of yards of cloth. The ratios of wine to … [ Read more ]

Content: Quotation | Source: European Business Forum (EBF) | Subjects: Economics, International

Globalisation offers short-term opportunities: economies of scale, efficiencies from larger markets, and cost savings from cheaper production or services. But with the ‘quick buck’ comes greater vulnerability. As the business chain lengthens, the risk of failure from one weak link increases. Risks – structural and reputational – are compounded as business extends around the world.

Content: Quotation | Source: European Business Forum (EBF) | Subjects: Economics, International