Whither Germany? Whither Europe? An Interview with Prof. Norbert Walter

This piece is a little dated (1996) but it discusses some general issues regarding the German economy and culture that will be of interest to those with little background. Norbert Walter is (was?) Chief Economist with Deutsche Bank Group.

A Unicode Primer

Quick but useful look at the development of a standardized method of displaying the world’s languages on computer screens.

International Retailing

Why do some retailers expanding abroad perform better than others? This article looks at some of the reasons why and introduces the concept of psychic distance in explaining performance variations.

Trademark rights in gray markets

The legality of trademark protection in gray markets is determined by the principles of: universality, exhaustion and territoriality. Recent cases involving the Tariff, Lanham, and Copyright Acts have restricted the level of legal recourse where parallel imports jeopardize the trademark holder’s investment and/or create confusion amongst the consumers. The landmark 1998 L’Anza Supreme Court decision clearly sends a message to trademark owners that legislative protection … [ Read more ]

The end of Germany AG

Stephen Davis of Davis Global Advisors expects the most dramatic changes in corporate governance in the next few years to take place in Germany. The Schröder government’s elimination of corporate capital gains taxes, effective next January will, he predicts, encourage companies to unwind their cross-shareholdings.

Consumer preferences for foreign and domestic products

Increased understanding of consumer preferences for foreign versus domestic products and the linkage to price and quality attributes can facilitate more effective product positioning, more efficient strategy development, and overall knowledge of the dynamics of international markets. According to this study of American shoppers, consumers appear to prefer domestically manufactured goods and are often willing to pay a higher price for them. Read on for … [ Read more ]

Is corporate governance delivering value?

Valter Lazzari, Full Professor of Banking and Finance at Università Cattaneo and Università Bocconi, Milan introduces this important topic with an essay on first principles, current debates and future prospects. Then eight other experts explore a range of issues including differences between North American and European practices, regional models within Europe, the impact of voting restrictions, the challenge for financial institutions and NGOs, and the … [ Read more ]

On the Effect of the Internet on International Trade

Abstract: The Internet stimulates trade. Using a gravity equation of trade among 56 countries, we find no evidence of an effect of the Internet on total trade flows in 1995 and only weak evidence of an effect in 1996. However, we find an increasing and significant impact from 1997 to 1999. Specifically, our results imply that a 10 percent increase in the relative number … [ Read more ]

Giving Europeans an On-Line Push

Why are so many on-line banking ventures-start-ups and incumbents alike-foundering? Despite the presence of more than 2,500 Western European banking sites on the World Wide Web, only eight million people in the region use the channel to either check their accounts or make transactions. We studied 65 leading banks in ten European countries to determine why customers are adopting on-line banking at different rates.
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Does national culture induce a style of management?

This article claims to consider the arguments for and against the culture-contingent explanation of managerial diversity. Although the issue is introduced, no useful arguments are made. What is very useful about this article however, are the profiles given of the management styles for different European countries, namely:
– The French Model of Centralised Management
– The British Model of Pragmatic Management
– The … [ Read more ]

Interactive Index of Economic Freedom

The Heritage Foundation, along with the _Wall Street Journal_, presents the Interactive Index of Economic Freedom, a tremendous database offering detailed reference information about economic policy for 161 countries. The search feature provides a variety of options for searching the database and organizing the results including sorting the results alphabetically or by rank. Along with a simple search, users can search by country or region … [ Read more ]