Fred Maidment
International Business
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Fred Maidment
International Business
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The Annual Editions series is designed to provide convenient, inexpensive access to a wide range of current articles from some of the most respected magazines, newspapers, and journals published today. Annual Editions are updated on a regular basis through a continuous monitoring of over 300 periodical sources. The articles selected are authored by prominent scholars, researchers, and commentators writing for a general audience. Annual Editions volumes have a number of organizational features designed to make them especially valuable for classroom use: a general introduction; an annotated…mehr
The Annual Editions series is designed to provide convenient, inexpensive access to a wide range of current articles from some of the most respected magazines, newspapers, and journals published today. Annual Editions are updated on a regular basis through a continuous monitoring of over 300 periodical sources. The articles selected are authored by prominent scholars, researchers, and commentators writing for a general audience. Annual Editions volumes have a number of organizational features designed to make them especially valuable for classroom use: a general introduction; an annotated table of contents; a topic guide; an annotated listing of supporting World Wide Web sites; a brief overview and Learning Outcomes at the beginning of each unit, and a Critical Thinking section at the end of each article. Each volume also offers an online Instructor's Resource Guide with testing materials. Using Annual Editions in the Classroom is a general guide that provides a number of interesting and functional ideas for using Annual Editions readers in the classroom. Visit ww.mhhe.com/annualeditions for more details.
Produktdetails
- Produktdetails
- Annual Editions: International
- Verlag: McGraw Hill LLC
- Seitenzahl: 224
- Altersempfehlung: ab 18 Jahre
- Erscheinungstermin: 11. Oktober 2012
- Englisch
- Abmessung: 274mm x 208mm x 10mm
- Gewicht: 363g
- ISBN-13: 9780073528755
- ISBN-10: 0073528757
- Artikelnr.: 35711085
- Annual Editions: International
- Verlag: McGraw Hill LLC
- Seitenzahl: 224
- Altersempfehlung: ab 18 Jahre
- Erscheinungstermin: 11. Oktober 2012
- Englisch
- Abmessung: 274mm x 208mm x 10mm
- Gewicht: 363g
- ISBN-13: 9780073528755
- ISBN-10: 0073528757
- Artikelnr.: 35711085
UNIT: Overview of International Business
Part A. Introduction to International Business: The World Has Changed
World War II to 2011: Changes and Challenges in the Global Economy, Robert
Hormats and Ariel M. Ratner, Business Economics, 2011
This article addresses the development of the global economy from the end
of World War II to the present day. It specifically addresses several key
events including the (1) emergence of women; (2) the emergence of the
global economic and financial system; (3) re-emergence of state-owned and
state-sponsored enterprises; (4) the internet and the free-flow of
information; (5) the diffusion of opportunity and innovation; and (6)
globalization as opportunity and as a threat.
China Must Carry the World, Andrew B. Busch, Stocks, Futures and Options
Magazine, 2009
China faces unique challenges in attempting to respond to the global
recession, and its trading partners face challenges in how to respond to
China. Some of those challenges are presented here.
Terra Instabilis: From the Arab Spring to the Great Recession to the
Eurozone Crisis and Chinese Inflation: Are We Headed toward a New World
Disorder? Jon Harrison, The Humanist, 2011
Change is rapidly occurring on a worldwide scale and nobody knows where it
is going to end. It is happening in Europe, the Middle East, and China, and
there are few who know or are in a position to do anything about it.
Part B. International Trade Theory: Evolving Ideas on Trade and the Economy
The Theory of Comparative Advantage: Why It Is Wrong, Ian Fletcher, Social
Policy, 2011
Is free trade good for everybody, for everything, all of the time? This
article says probably not. In fact, it says it is probably wrong for a lot
of people a lot of the time.
A Bretton Woods for Innovation, Stephen Ezell, World Policy Journal, 2011
Innovation is what will drive economies in the 21st century. Having an
organization that will coordinate innovation on a global level, making
certain that each nation state plays by agreed upon rules is the subject
here.
Globalization with a Human Face, Shikha Dalmia, Reason Magazine, 2009
Jaghish Bhagwati is an economist who has often been mentioned as a
candidate for the Nobel Prize in Economics. Here are some of his thoughts
on free trade, climate change, NAFTA, and other regional trade
organizations.
UNIT: International Finance
Part A. The International Financial Crisis
The Global Debt Bomb, Daniel Fisher, Forbes, 2010
Coming out of the global recession, many countries will be burdened with
enormous debt. This debt will have long-term consequences for the countries
involved and for the global economy.
International Financial Regulation after the Crisis, Barry Eichengreen,
Daedalus, 2010
The financial crisis of 2008 was partially caused by a lack of coordination
of financial regulation between countries. In other words, if global
financial institutions are blocked from doing one type of activity in a
country, they could simply do it in another that did not have a law
limiting it. Coordinating global financial regulation would stop that.
Solutions and Pitfalls, Financial Express, 2012
What are some of the things that can be done to fix the financial crisis in
Europe? Both short-term and long-term answers to these problems are
explained here.
Part B. Monetary Systems, Financial Markets, Balance of Payments, Financial
Institutions
Why a Second Bretton Woods Won't Work, Bernard Connolly, The International
Economy, 2011
Does the world need a second Bretton Woods conference to address the global
financial crisis? Bernard Connolly says no, and, in fact, says it would be
a very bad idea!
The Balance of Payments: Office for National Statistics, Graeme Chamberlin,
Office for National Statistics (UK) Economic and Labour Review, 2009
This article, from the United Kingdom, explains how the balance of payments
is calculated. The current account, the capital and financial accounts, the
international investment position, net investment income, and recent trends
and why they are important are presented using the United Kingdom as an
example.
The Next 80 Years, Ellen M. Heffes, Financial Executive, 2011
The last 80 years saw some of the greatest changes in financial reporting
and many of the other factors for which the CFO is responsible. The next 80
years will hold even more change, some of which can be predicted and some
of which cannot.
Internationalizing Business, Marydee Ojala, Online, 2011
We are living in a truly international world and that means that there are
stock exchanges almost everywhere. These exchanges include the large global
exchanges in New York, London, and Tokyo down to the ones in Nepal and the
Sudan. People buy and sell securities all around the world because there
are opportunities all around the world in the global economy.
Part C. Financial Management, Accounting, Foreign Direct Investment
Engaging China: Strategies for the Small Internationalizing Firm, Rolf D.
Cremer and Bala Ramasamy, Journal of Business Strategy, 2009
Entering the Chinese market is difficult for any company, but it is
particularly difficult for small multinationals seeking to enter the
market. Here are some strategies that can be used by small international
firms to enter the Chinese market, focusing on companies from New Zealand.
Preparing for Significant, Multi-Year Changes, Sean Torr, Financial
Executive, 2011
The International Financial Reporting Standards (IFRS) for accounting are
in the process of being adopted by American corporations, replacing the old
FASB criteria. This is going to be a multi-year process for many companies
requiring attention to many facets of their organizations.
The Case for Global Accounting, Floyd Norris, The New York Times, 2012
Due to the increasing interdependence of global banking and financial
institutions, politicians from various nations, including the United
States, have clamored for the institution of common accounting rules.
UNIT: International Organizations and Operations
Part A. The Global Corporation
The Work Left Undone: Perspectives on Small Business Opportunities in
International Trade, Matthew Carr, Business Credit, 2010
There is great opportunity for small business in global business,
especially in the import/export sector. The government has recently stepped
up with programs designed to assist small businesses and the opportunities
for assistance remains great.
Part B. Global Corporate Strategy
Going Global: The Risks and Rewards of China's New International Expansion
, Chi Lo, The International Economy, 2011
As a part of its effort to secure markets and supplies for its goods, China
is taking a much more active role on the international stage than it did in
the past. With this come additional problems, opportunities, and
responsibilities that China must address.
NanoTech Firm Takes Passage to India, Peter Gwynne, Research Technology
Management, 2009
Small, high-tech firms are going to developing countries to develop,
manufacture, test, and market their products before they do so in the
United States and the rest of the developed world. Here is one firm from
Massachusetts that is doing it.
Increasing Your Share of a Culturally Diverse Audience, Leah Smiley,
Franchising World, 2011
In the global economic environment it is not the affirmative action
policies that have their roots in the American Civil Rights movement of 50
years ago that will provide the organization with a competitive advantage.
It is the recognition of diversity among employees, customers, and cultures
that will lead to success.
Part C. Global Marketing
General Mills' Global Sweet Spot, David A. Kaplan, Fortune, 2011
Häagen-Dazs is a made-up word, but its success on the global market is far
from made up. It is a superpremium brand with superpremium profits and with
what looks to be a superpremium future.
Expanding Opportunity at the Base of the Pyramid, David G. Altman, Lyndon
Rego, and Peg Ross, People and Strategy, 2009
There are 4 billion people living on US$2 a day or less, a group that
represents trillions of potential sales in basic necessities in the
developing world. Strategies for reaching these potential consumers are
discussed.
Hailun Piano and the Quest for Quality, Music Trades, 2011
Hailun Piano of China manufactures high-quality pianos, primarily for the
export market, but is now also selling them in China. The obstacles and
opportunities that this company faces are outlined here.
Part D. Global Human Resources
Distant Dilemmas, Mark McGraw, Human Resource Executive, 2010
In some countries, corrupt practices as defined by the Corrupt Foreign
Practices Act are a way of life. In others, because of the current economic
climate, they are on the rise. Helping ex-patriot executive's deal with
these situations is the theme of this essay.
T he Impact of Globalization on Income and Employment. The Downside of
Integrating Markets, Michael Spence, Foreign Affairs, 2011
Globalization does have an impact on the population of those nations
participating in international trade. For the most part, that impact is
positive, but for some it is not, and that includes groups in developed
societies such as the United States.
Learn the Landscape: When Managing Benefits Globally, Government-Provided
Services, National Mandates and Cultural Expectations Come into Play, David
Tobenkin, HR Magazine, 2011
Managing benefits on the domestic level is difficult enough; doing it on
the global level is even more difficult. Here are some of the things to
watch for when "managing benefits globally."
Part E. Global Business Operations
Explaining High Oil Prices, Christian Berthelsen, The Wall Street Journal,
2011
Oil prices are high, but demand for oil is relatively low. In fact, the US
is now a net exporter of petroleum products such as gasoline. How can this
be?
Keynote Panel Session 1: Whose Income Is It? How Business Is Caught in the
Global Competition and Controversy for Tax Revenues, Timothy M. McDonald et
al., Taxes-The Tax Magazine, 2009
This is a text of a panel discussion from a symposium on international tax
rates and how they impact the cash flow and business decisions of
corporations to expand their businesses and the role governments play in
establishing those taxes.
Building the Supply Chain of the Future, Yogesh Malik, Alex Niemeyer, and
Brian Ruwadi, McKinsey Quarterly, 2011
Companies need to be flexible in the future when it comes to their supply
chains. What might be the best supply chain today, for the near term, might
not be the best supply chain tomorrow for the intermediate or long-term.
Conditions change and organizations must be prepared.
UNIT: Issues in International Business
Part A. The Developing World
Foreign Aid, Capitalist Style, Nina Easton, Fortune, 2011
Foreign aid does not just include giving aid to earthquake and flood
victims. Truly effective foreign aid helps to establish stable,
representative governments that are not corrupt and that can support
themselves into the future.
Emerging Challenges: Emerging Markets Must Adapt to the New Global Reality
by Building on Their Economic Success, Min Zhu, Finance and Development,
2011
Emerging economies are growing much faster than the developed economies of
the world. Soon they will represent a greater portion of the world's gross
domestic product than the developed world.
How Civil Society Can Help: Sweatshop Workers as Globalization's
Consequence, Jeff Ballinger, Harvard International Review, 2011
What was the cost of the labor that went into that hooded sweatshirt you
are wearing with the university logo on it that cost $38.00? Would you
believe 20 cents? How much do you think the university got for licensing
its logo on your sweatshirt? Would you believe $2.00?
Part B. Ethical Issues in International Business
Map Room: Global Graft, World Policy Journal, World Policy Institute, 2010
What countries suffer from corruption and what countries are less corrupt
than others? This question is answered here in the Map Room of the World
Policy Institute. Take a look. You might be surprised at what you see.
Deadly Business in Moscow, Tom Cahill, Bloomberg BusinessWeek, 2010
Of the four "BRIC" countries, Russia has been, perhaps, the most
disappointing in terms of economic growth. Part of the reason for that can
be best summed up in the problem of corruption on the part of the
government, as this article demonstrates.
Current Mission Statement Emphasis: Be Ethical and Go Global, Darwin L.
King, Carl J. Case, and Kathleen M. Premo, Academy of Strategic Management
Journal, 2010
Fortune 500 companies are paying greater attention to their role as global
organizations. This simple fact is reflected in the increase in the use of
global/international terminology in their mission statements.
Corporate Social Responsibility: Pros and Cons, Ashiq Hussain, Pakistan and
Gulf Economist, 2011
Corporate social responsibility is perceived differently in different
countries. And some detractors view corporate responsibility actions as a
means to deflect attention away from corporate weaknesses.
UNIT: The Future and International Business
The New Population Bomb: The Four Megatrends That Will Change the World,
Jack A. Goldstone, Foreign Affairs, 2010
There are trends in the world that can be spotted today that will have
consequences for the next 50 years. Four of them are discussed here
including population growth, urbanization, aging, and the decline of
Europe.
The Man Who Named the Future, Gillian Tett, Financial Times (London), 2010
Jim O'Neil, the chief economist at Goldman Sachs, is the man who coined the
phrase "BRIC" for Brazil, Russia, India, and China. It was the prediction
of the future that has been adopted by many in the financial and business
communities.
The Future of History: Can Liberal Democracy Survive the Decline of the
Middle Class? Francis Fukuyama, Foreign Affairs, 2012
These are times of change. There are competing models of change to
traditional liberal democracy such as the Chinese model of top-down
control. How the competition between these and other models will play out
in the future is discussed here.
The Crisis You Don't Know, Adam Davidson, The New York Times Magazine, 2012
Everyone knows about the financial crisis of 2008 and the Euro crisis of
2010/2011. But there is a deep, long-term crisis in Europe. Europe is
becoming progressively less competitive with the rest of the world. While
it is true that some small European countries are very rich, others are
very poor and on average the average American is nearly 50 percent richer
than the average European.
Finding a Job in the 21st Century, John A. Challenger, The Futurist, 2009
The employment market will look very different in the 21st century than in
the 20th century. Keeping one's skills up to date will be an important
consideration for all workers, and immigration from one country to another
may become far more common in the future.
Part A. Introduction to International Business: The World Has Changed
World War II to 2011: Changes and Challenges in the Global Economy, Robert
Hormats and Ariel M. Ratner, Business Economics, 2011
This article addresses the development of the global economy from the end
of World War II to the present day. It specifically addresses several key
events including the (1) emergence of women; (2) the emergence of the
global economic and financial system; (3) re-emergence of state-owned and
state-sponsored enterprises; (4) the internet and the free-flow of
information; (5) the diffusion of opportunity and innovation; and (6)
globalization as opportunity and as a threat.
China Must Carry the World, Andrew B. Busch, Stocks, Futures and Options
Magazine, 2009
China faces unique challenges in attempting to respond to the global
recession, and its trading partners face challenges in how to respond to
China. Some of those challenges are presented here.
Terra Instabilis: From the Arab Spring to the Great Recession to the
Eurozone Crisis and Chinese Inflation: Are We Headed toward a New World
Disorder? Jon Harrison, The Humanist, 2011
Change is rapidly occurring on a worldwide scale and nobody knows where it
is going to end. It is happening in Europe, the Middle East, and China, and
there are few who know or are in a position to do anything about it.
Part B. International Trade Theory: Evolving Ideas on Trade and the Economy
The Theory of Comparative Advantage: Why It Is Wrong, Ian Fletcher, Social
Policy, 2011
Is free trade good for everybody, for everything, all of the time? This
article says probably not. In fact, it says it is probably wrong for a lot
of people a lot of the time.
A Bretton Woods for Innovation, Stephen Ezell, World Policy Journal, 2011
Innovation is what will drive economies in the 21st century. Having an
organization that will coordinate innovation on a global level, making
certain that each nation state plays by agreed upon rules is the subject
here.
Globalization with a Human Face, Shikha Dalmia, Reason Magazine, 2009
Jaghish Bhagwati is an economist who has often been mentioned as a
candidate for the Nobel Prize in Economics. Here are some of his thoughts
on free trade, climate change, NAFTA, and other regional trade
organizations.
UNIT: International Finance
Part A. The International Financial Crisis
The Global Debt Bomb, Daniel Fisher, Forbes, 2010
Coming out of the global recession, many countries will be burdened with
enormous debt. This debt will have long-term consequences for the countries
involved and for the global economy.
International Financial Regulation after the Crisis, Barry Eichengreen,
Daedalus, 2010
The financial crisis of 2008 was partially caused by a lack of coordination
of financial regulation between countries. In other words, if global
financial institutions are blocked from doing one type of activity in a
country, they could simply do it in another that did not have a law
limiting it. Coordinating global financial regulation would stop that.
Solutions and Pitfalls, Financial Express, 2012
What are some of the things that can be done to fix the financial crisis in
Europe? Both short-term and long-term answers to these problems are
explained here.
Part B. Monetary Systems, Financial Markets, Balance of Payments, Financial
Institutions
Why a Second Bretton Woods Won't Work, Bernard Connolly, The International
Economy, 2011
Does the world need a second Bretton Woods conference to address the global
financial crisis? Bernard Connolly says no, and, in fact, says it would be
a very bad idea!
The Balance of Payments: Office for National Statistics, Graeme Chamberlin,
Office for National Statistics (UK) Economic and Labour Review, 2009
This article, from the United Kingdom, explains how the balance of payments
is calculated. The current account, the capital and financial accounts, the
international investment position, net investment income, and recent trends
and why they are important are presented using the United Kingdom as an
example.
The Next 80 Years, Ellen M. Heffes, Financial Executive, 2011
The last 80 years saw some of the greatest changes in financial reporting
and many of the other factors for which the CFO is responsible. The next 80
years will hold even more change, some of which can be predicted and some
of which cannot.
Internationalizing Business, Marydee Ojala, Online, 2011
We are living in a truly international world and that means that there are
stock exchanges almost everywhere. These exchanges include the large global
exchanges in New York, London, and Tokyo down to the ones in Nepal and the
Sudan. People buy and sell securities all around the world because there
are opportunities all around the world in the global economy.
Part C. Financial Management, Accounting, Foreign Direct Investment
Engaging China: Strategies for the Small Internationalizing Firm, Rolf D.
Cremer and Bala Ramasamy, Journal of Business Strategy, 2009
Entering the Chinese market is difficult for any company, but it is
particularly difficult for small multinationals seeking to enter the
market. Here are some strategies that can be used by small international
firms to enter the Chinese market, focusing on companies from New Zealand.
Preparing for Significant, Multi-Year Changes, Sean Torr, Financial
Executive, 2011
The International Financial Reporting Standards (IFRS) for accounting are
in the process of being adopted by American corporations, replacing the old
FASB criteria. This is going to be a multi-year process for many companies
requiring attention to many facets of their organizations.
The Case for Global Accounting, Floyd Norris, The New York Times, 2012
Due to the increasing interdependence of global banking and financial
institutions, politicians from various nations, including the United
States, have clamored for the institution of common accounting rules.
UNIT: International Organizations and Operations
Part A. The Global Corporation
The Work Left Undone: Perspectives on Small Business Opportunities in
International Trade, Matthew Carr, Business Credit, 2010
There is great opportunity for small business in global business,
especially in the import/export sector. The government has recently stepped
up with programs designed to assist small businesses and the opportunities
for assistance remains great.
Part B. Global Corporate Strategy
Going Global: The Risks and Rewards of China's New International Expansion
, Chi Lo, The International Economy, 2011
As a part of its effort to secure markets and supplies for its goods, China
is taking a much more active role on the international stage than it did in
the past. With this come additional problems, opportunities, and
responsibilities that China must address.
NanoTech Firm Takes Passage to India, Peter Gwynne, Research Technology
Management, 2009
Small, high-tech firms are going to developing countries to develop,
manufacture, test, and market their products before they do so in the
United States and the rest of the developed world. Here is one firm from
Massachusetts that is doing it.
Increasing Your Share of a Culturally Diverse Audience, Leah Smiley,
Franchising World, 2011
In the global economic environment it is not the affirmative action
policies that have their roots in the American Civil Rights movement of 50
years ago that will provide the organization with a competitive advantage.
It is the recognition of diversity among employees, customers, and cultures
that will lead to success.
Part C. Global Marketing
General Mills' Global Sweet Spot, David A. Kaplan, Fortune, 2011
Häagen-Dazs is a made-up word, but its success on the global market is far
from made up. It is a superpremium brand with superpremium profits and with
what looks to be a superpremium future.
Expanding Opportunity at the Base of the Pyramid, David G. Altman, Lyndon
Rego, and Peg Ross, People and Strategy, 2009
There are 4 billion people living on US$2 a day or less, a group that
represents trillions of potential sales in basic necessities in the
developing world. Strategies for reaching these potential consumers are
discussed.
Hailun Piano and the Quest for Quality, Music Trades, 2011
Hailun Piano of China manufactures high-quality pianos, primarily for the
export market, but is now also selling them in China. The obstacles and
opportunities that this company faces are outlined here.
Part D. Global Human Resources
Distant Dilemmas, Mark McGraw, Human Resource Executive, 2010
In some countries, corrupt practices as defined by the Corrupt Foreign
Practices Act are a way of life. In others, because of the current economic
climate, they are on the rise. Helping ex-patriot executive's deal with
these situations is the theme of this essay.
T he Impact of Globalization on Income and Employment. The Downside of
Integrating Markets, Michael Spence, Foreign Affairs, 2011
Globalization does have an impact on the population of those nations
participating in international trade. For the most part, that impact is
positive, but for some it is not, and that includes groups in developed
societies such as the United States.
Learn the Landscape: When Managing Benefits Globally, Government-Provided
Services, National Mandates and Cultural Expectations Come into Play, David
Tobenkin, HR Magazine, 2011
Managing benefits on the domestic level is difficult enough; doing it on
the global level is even more difficult. Here are some of the things to
watch for when "managing benefits globally."
Part E. Global Business Operations
Explaining High Oil Prices, Christian Berthelsen, The Wall Street Journal,
2011
Oil prices are high, but demand for oil is relatively low. In fact, the US
is now a net exporter of petroleum products such as gasoline. How can this
be?
Keynote Panel Session 1: Whose Income Is It? How Business Is Caught in the
Global Competition and Controversy for Tax Revenues, Timothy M. McDonald et
al., Taxes-The Tax Magazine, 2009
This is a text of a panel discussion from a symposium on international tax
rates and how they impact the cash flow and business decisions of
corporations to expand their businesses and the role governments play in
establishing those taxes.
Building the Supply Chain of the Future, Yogesh Malik, Alex Niemeyer, and
Brian Ruwadi, McKinsey Quarterly, 2011
Companies need to be flexible in the future when it comes to their supply
chains. What might be the best supply chain today, for the near term, might
not be the best supply chain tomorrow for the intermediate or long-term.
Conditions change and organizations must be prepared.
UNIT: Issues in International Business
Part A. The Developing World
Foreign Aid, Capitalist Style, Nina Easton, Fortune, 2011
Foreign aid does not just include giving aid to earthquake and flood
victims. Truly effective foreign aid helps to establish stable,
representative governments that are not corrupt and that can support
themselves into the future.
Emerging Challenges: Emerging Markets Must Adapt to the New Global Reality
by Building on Their Economic Success, Min Zhu, Finance and Development,
2011
Emerging economies are growing much faster than the developed economies of
the world. Soon they will represent a greater portion of the world's gross
domestic product than the developed world.
How Civil Society Can Help: Sweatshop Workers as Globalization's
Consequence, Jeff Ballinger, Harvard International Review, 2011
What was the cost of the labor that went into that hooded sweatshirt you
are wearing with the university logo on it that cost $38.00? Would you
believe 20 cents? How much do you think the university got for licensing
its logo on your sweatshirt? Would you believe $2.00?
Part B. Ethical Issues in International Business
Map Room: Global Graft, World Policy Journal, World Policy Institute, 2010
What countries suffer from corruption and what countries are less corrupt
than others? This question is answered here in the Map Room of the World
Policy Institute. Take a look. You might be surprised at what you see.
Deadly Business in Moscow, Tom Cahill, Bloomberg BusinessWeek, 2010
Of the four "BRIC" countries, Russia has been, perhaps, the most
disappointing in terms of economic growth. Part of the reason for that can
be best summed up in the problem of corruption on the part of the
government, as this article demonstrates.
Current Mission Statement Emphasis: Be Ethical and Go Global, Darwin L.
King, Carl J. Case, and Kathleen M. Premo, Academy of Strategic Management
Journal, 2010
Fortune 500 companies are paying greater attention to their role as global
organizations. This simple fact is reflected in the increase in the use of
global/international terminology in their mission statements.
Corporate Social Responsibility: Pros and Cons, Ashiq Hussain, Pakistan and
Gulf Economist, 2011
Corporate social responsibility is perceived differently in different
countries. And some detractors view corporate responsibility actions as a
means to deflect attention away from corporate weaknesses.
UNIT: The Future and International Business
The New Population Bomb: The Four Megatrends That Will Change the World,
Jack A. Goldstone, Foreign Affairs, 2010
There are trends in the world that can be spotted today that will have
consequences for the next 50 years. Four of them are discussed here
including population growth, urbanization, aging, and the decline of
Europe.
The Man Who Named the Future, Gillian Tett, Financial Times (London), 2010
Jim O'Neil, the chief economist at Goldman Sachs, is the man who coined the
phrase "BRIC" for Brazil, Russia, India, and China. It was the prediction
of the future that has been adopted by many in the financial and business
communities.
The Future of History: Can Liberal Democracy Survive the Decline of the
Middle Class? Francis Fukuyama, Foreign Affairs, 2012
These are times of change. There are competing models of change to
traditional liberal democracy such as the Chinese model of top-down
control. How the competition between these and other models will play out
in the future is discussed here.
The Crisis You Don't Know, Adam Davidson, The New York Times Magazine, 2012
Everyone knows about the financial crisis of 2008 and the Euro crisis of
2010/2011. But there is a deep, long-term crisis in Europe. Europe is
becoming progressively less competitive with the rest of the world. While
it is true that some small European countries are very rich, others are
very poor and on average the average American is nearly 50 percent richer
than the average European.
Finding a Job in the 21st Century, John A. Challenger, The Futurist, 2009
The employment market will look very different in the 21st century than in
the 20th century. Keeping one's skills up to date will be an important
consideration for all workers, and immigration from one country to another
may become far more common in the future.
UNIT: Overview of International Business
Part A. Introduction to International Business: The World Has Changed
World War II to 2011: Changes and Challenges in the Global Economy, Robert
Hormats and Ariel M. Ratner, Business Economics, 2011
This article addresses the development of the global economy from the end
of World War II to the present day. It specifically addresses several key
events including the (1) emergence of women; (2) the emergence of the
global economic and financial system; (3) re-emergence of state-owned and
state-sponsored enterprises; (4) the internet and the free-flow of
information; (5) the diffusion of opportunity and innovation; and (6)
globalization as opportunity and as a threat.
China Must Carry the World, Andrew B. Busch, Stocks, Futures and Options
Magazine, 2009
China faces unique challenges in attempting to respond to the global
recession, and its trading partners face challenges in how to respond to
China. Some of those challenges are presented here.
Terra Instabilis: From the Arab Spring to the Great Recession to the
Eurozone Crisis and Chinese Inflation: Are We Headed toward a New World
Disorder? Jon Harrison, The Humanist, 2011
Change is rapidly occurring on a worldwide scale and nobody knows where it
is going to end. It is happening in Europe, the Middle East, and China, and
there are few who know or are in a position to do anything about it.
Part B. International Trade Theory: Evolving Ideas on Trade and the Economy
The Theory of Comparative Advantage: Why It Is Wrong, Ian Fletcher, Social
Policy, 2011
Is free trade good for everybody, for everything, all of the time? This
article says probably not. In fact, it says it is probably wrong for a lot
of people a lot of the time.
A Bretton Woods for Innovation, Stephen Ezell, World Policy Journal, 2011
Innovation is what will drive economies in the 21st century. Having an
organization that will coordinate innovation on a global level, making
certain that each nation state plays by agreed upon rules is the subject
here.
Globalization with a Human Face, Shikha Dalmia, Reason Magazine, 2009
Jaghish Bhagwati is an economist who has often been mentioned as a
candidate for the Nobel Prize in Economics. Here are some of his thoughts
on free trade, climate change, NAFTA, and other regional trade
organizations.
UNIT: International Finance
Part A. The International Financial Crisis
The Global Debt Bomb, Daniel Fisher, Forbes, 2010
Coming out of the global recession, many countries will be burdened with
enormous debt. This debt will have long-term consequences for the countries
involved and for the global economy.
International Financial Regulation after the Crisis, Barry Eichengreen,
Daedalus, 2010
The financial crisis of 2008 was partially caused by a lack of coordination
of financial regulation between countries. In other words, if global
financial institutions are blocked from doing one type of activity in a
country, they could simply do it in another that did not have a law
limiting it. Coordinating global financial regulation would stop that.
Solutions and Pitfalls, Financial Express, 2012
What are some of the things that can be done to fix the financial crisis in
Europe? Both short-term and long-term answers to these problems are
explained here.
Part B. Monetary Systems, Financial Markets, Balance of Payments, Financial
Institutions
Why a Second Bretton Woods Won't Work, Bernard Connolly, The International
Economy, 2011
Does the world need a second Bretton Woods conference to address the global
financial crisis? Bernard Connolly says no, and, in fact, says it would be
a very bad idea!
The Balance of Payments: Office for National Statistics, Graeme Chamberlin,
Office for National Statistics (UK) Economic and Labour Review, 2009
This article, from the United Kingdom, explains how the balance of payments
is calculated. The current account, the capital and financial accounts, the
international investment position, net investment income, and recent trends
and why they are important are presented using the United Kingdom as an
example.
The Next 80 Years, Ellen M. Heffes, Financial Executive, 2011
The last 80 years saw some of the greatest changes in financial reporting
and many of the other factors for which the CFO is responsible. The next 80
years will hold even more change, some of which can be predicted and some
of which cannot.
Internationalizing Business, Marydee Ojala, Online, 2011
We are living in a truly international world and that means that there are
stock exchanges almost everywhere. These exchanges include the large global
exchanges in New York, London, and Tokyo down to the ones in Nepal and the
Sudan. People buy and sell securities all around the world because there
are opportunities all around the world in the global economy.
Part C. Financial Management, Accounting, Foreign Direct Investment
Engaging China: Strategies for the Small Internationalizing Firm, Rolf D.
Cremer and Bala Ramasamy, Journal of Business Strategy, 2009
Entering the Chinese market is difficult for any company, but it is
particularly difficult for small multinationals seeking to enter the
market. Here are some strategies that can be used by small international
firms to enter the Chinese market, focusing on companies from New Zealand.
Preparing for Significant, Multi-Year Changes, Sean Torr, Financial
Executive, 2011
The International Financial Reporting Standards (IFRS) for accounting are
in the process of being adopted by American corporations, replacing the old
FASB criteria. This is going to be a multi-year process for many companies
requiring attention to many facets of their organizations.
The Case for Global Accounting, Floyd Norris, The New York Times, 2012
Due to the increasing interdependence of global banking and financial
institutions, politicians from various nations, including the United
States, have clamored for the institution of common accounting rules.
UNIT: International Organizations and Operations
Part A. The Global Corporation
The Work Left Undone: Perspectives on Small Business Opportunities in
International Trade, Matthew Carr, Business Credit, 2010
There is great opportunity for small business in global business,
especially in the import/export sector. The government has recently stepped
up with programs designed to assist small businesses and the opportunities
for assistance remains great.
Part B. Global Corporate Strategy
Going Global: The Risks and Rewards of China's New International Expansion
, Chi Lo, The International Economy, 2011
As a part of its effort to secure markets and supplies for its goods, China
is taking a much more active role on the international stage than it did in
the past. With this come additional problems, opportunities, and
responsibilities that China must address.
NanoTech Firm Takes Passage to India, Peter Gwynne, Research Technology
Management, 2009
Small, high-tech firms are going to developing countries to develop,
manufacture, test, and market their products before they do so in the
United States and the rest of the developed world. Here is one firm from
Massachusetts that is doing it.
Increasing Your Share of a Culturally Diverse Audience, Leah Smiley,
Franchising World, 2011
In the global economic environment it is not the affirmative action
policies that have their roots in the American Civil Rights movement of 50
years ago that will provide the organization with a competitive advantage.
It is the recognition of diversity among employees, customers, and cultures
that will lead to success.
Part C. Global Marketing
General Mills' Global Sweet Spot, David A. Kaplan, Fortune, 2011
Häagen-Dazs is a made-up word, but its success on the global market is far
from made up. It is a superpremium brand with superpremium profits and with
what looks to be a superpremium future.
Expanding Opportunity at the Base of the Pyramid, David G. Altman, Lyndon
Rego, and Peg Ross, People and Strategy, 2009
There are 4 billion people living on US$2 a day or less, a group that
represents trillions of potential sales in basic necessities in the
developing world. Strategies for reaching these potential consumers are
discussed.
Hailun Piano and the Quest for Quality, Music Trades, 2011
Hailun Piano of China manufactures high-quality pianos, primarily for the
export market, but is now also selling them in China. The obstacles and
opportunities that this company faces are outlined here.
Part D. Global Human Resources
Distant Dilemmas, Mark McGraw, Human Resource Executive, 2010
In some countries, corrupt practices as defined by the Corrupt Foreign
Practices Act are a way of life. In others, because of the current economic
climate, they are on the rise. Helping ex-patriot executive's deal with
these situations is the theme of this essay.
T he Impact of Globalization on Income and Employment. The Downside of
Integrating Markets, Michael Spence, Foreign Affairs, 2011
Globalization does have an impact on the population of those nations
participating in international trade. For the most part, that impact is
positive, but for some it is not, and that includes groups in developed
societies such as the United States.
Learn the Landscape: When Managing Benefits Globally, Government-Provided
Services, National Mandates and Cultural Expectations Come into Play, David
Tobenkin, HR Magazine, 2011
Managing benefits on the domestic level is difficult enough; doing it on
the global level is even more difficult. Here are some of the things to
watch for when "managing benefits globally."
Part E. Global Business Operations
Explaining High Oil Prices, Christian Berthelsen, The Wall Street Journal,
2011
Oil prices are high, but demand for oil is relatively low. In fact, the US
is now a net exporter of petroleum products such as gasoline. How can this
be?
Keynote Panel Session 1: Whose Income Is It? How Business Is Caught in the
Global Competition and Controversy for Tax Revenues, Timothy M. McDonald et
al., Taxes-The Tax Magazine, 2009
This is a text of a panel discussion from a symposium on international tax
rates and how they impact the cash flow and business decisions of
corporations to expand their businesses and the role governments play in
establishing those taxes.
Building the Supply Chain of the Future, Yogesh Malik, Alex Niemeyer, and
Brian Ruwadi, McKinsey Quarterly, 2011
Companies need to be flexible in the future when it comes to their supply
chains. What might be the best supply chain today, for the near term, might
not be the best supply chain tomorrow for the intermediate or long-term.
Conditions change and organizations must be prepared.
UNIT: Issues in International Business
Part A. The Developing World
Foreign Aid, Capitalist Style, Nina Easton, Fortune, 2011
Foreign aid does not just include giving aid to earthquake and flood
victims. Truly effective foreign aid helps to establish stable,
representative governments that are not corrupt and that can support
themselves into the future.
Emerging Challenges: Emerging Markets Must Adapt to the New Global Reality
by Building on Their Economic Success, Min Zhu, Finance and Development,
2011
Emerging economies are growing much faster than the developed economies of
the world. Soon they will represent a greater portion of the world's gross
domestic product than the developed world.
How Civil Society Can Help: Sweatshop Workers as Globalization's
Consequence, Jeff Ballinger, Harvard International Review, 2011
What was the cost of the labor that went into that hooded sweatshirt you
are wearing with the university logo on it that cost $38.00? Would you
believe 20 cents? How much do you think the university got for licensing
its logo on your sweatshirt? Would you believe $2.00?
Part B. Ethical Issues in International Business
Map Room: Global Graft, World Policy Journal, World Policy Institute, 2010
What countries suffer from corruption and what countries are less corrupt
than others? This question is answered here in the Map Room of the World
Policy Institute. Take a look. You might be surprised at what you see.
Deadly Business in Moscow, Tom Cahill, Bloomberg BusinessWeek, 2010
Of the four "BRIC" countries, Russia has been, perhaps, the most
disappointing in terms of economic growth. Part of the reason for that can
be best summed up in the problem of corruption on the part of the
government, as this article demonstrates.
Current Mission Statement Emphasis: Be Ethical and Go Global, Darwin L.
King, Carl J. Case, and Kathleen M. Premo, Academy of Strategic Management
Journal, 2010
Fortune 500 companies are paying greater attention to their role as global
organizations. This simple fact is reflected in the increase in the use of
global/international terminology in their mission statements.
Corporate Social Responsibility: Pros and Cons, Ashiq Hussain, Pakistan and
Gulf Economist, 2011
Corporate social responsibility is perceived differently in different
countries. And some detractors view corporate responsibility actions as a
means to deflect attention away from corporate weaknesses.
UNIT: The Future and International Business
The New Population Bomb: The Four Megatrends That Will Change the World,
Jack A. Goldstone, Foreign Affairs, 2010
There are trends in the world that can be spotted today that will have
consequences for the next 50 years. Four of them are discussed here
including population growth, urbanization, aging, and the decline of
Europe.
The Man Who Named the Future, Gillian Tett, Financial Times (London), 2010
Jim O'Neil, the chief economist at Goldman Sachs, is the man who coined the
phrase "BRIC" for Brazil, Russia, India, and China. It was the prediction
of the future that has been adopted by many in the financial and business
communities.
The Future of History: Can Liberal Democracy Survive the Decline of the
Middle Class? Francis Fukuyama, Foreign Affairs, 2012
These are times of change. There are competing models of change to
traditional liberal democracy such as the Chinese model of top-down
control. How the competition between these and other models will play out
in the future is discussed here.
The Crisis You Don't Know, Adam Davidson, The New York Times Magazine, 2012
Everyone knows about the financial crisis of 2008 and the Euro crisis of
2010/2011. But there is a deep, long-term crisis in Europe. Europe is
becoming progressively less competitive with the rest of the world. While
it is true that some small European countries are very rich, others are
very poor and on average the average American is nearly 50 percent richer
than the average European.
Finding a Job in the 21st Century, John A. Challenger, The Futurist, 2009
The employment market will look very different in the 21st century than in
the 20th century. Keeping one's skills up to date will be an important
consideration for all workers, and immigration from one country to another
may become far more common in the future.
Part A. Introduction to International Business: The World Has Changed
World War II to 2011: Changes and Challenges in the Global Economy, Robert
Hormats and Ariel M. Ratner, Business Economics, 2011
This article addresses the development of the global economy from the end
of World War II to the present day. It specifically addresses several key
events including the (1) emergence of women; (2) the emergence of the
global economic and financial system; (3) re-emergence of state-owned and
state-sponsored enterprises; (4) the internet and the free-flow of
information; (5) the diffusion of opportunity and innovation; and (6)
globalization as opportunity and as a threat.
China Must Carry the World, Andrew B. Busch, Stocks, Futures and Options
Magazine, 2009
China faces unique challenges in attempting to respond to the global
recession, and its trading partners face challenges in how to respond to
China. Some of those challenges are presented here.
Terra Instabilis: From the Arab Spring to the Great Recession to the
Eurozone Crisis and Chinese Inflation: Are We Headed toward a New World
Disorder? Jon Harrison, The Humanist, 2011
Change is rapidly occurring on a worldwide scale and nobody knows where it
is going to end. It is happening in Europe, the Middle East, and China, and
there are few who know or are in a position to do anything about it.
Part B. International Trade Theory: Evolving Ideas on Trade and the Economy
The Theory of Comparative Advantage: Why It Is Wrong, Ian Fletcher, Social
Policy, 2011
Is free trade good for everybody, for everything, all of the time? This
article says probably not. In fact, it says it is probably wrong for a lot
of people a lot of the time.
A Bretton Woods for Innovation, Stephen Ezell, World Policy Journal, 2011
Innovation is what will drive economies in the 21st century. Having an
organization that will coordinate innovation on a global level, making
certain that each nation state plays by agreed upon rules is the subject
here.
Globalization with a Human Face, Shikha Dalmia, Reason Magazine, 2009
Jaghish Bhagwati is an economist who has often been mentioned as a
candidate for the Nobel Prize in Economics. Here are some of his thoughts
on free trade, climate change, NAFTA, and other regional trade
organizations.
UNIT: International Finance
Part A. The International Financial Crisis
The Global Debt Bomb, Daniel Fisher, Forbes, 2010
Coming out of the global recession, many countries will be burdened with
enormous debt. This debt will have long-term consequences for the countries
involved and for the global economy.
International Financial Regulation after the Crisis, Barry Eichengreen,
Daedalus, 2010
The financial crisis of 2008 was partially caused by a lack of coordination
of financial regulation between countries. In other words, if global
financial institutions are blocked from doing one type of activity in a
country, they could simply do it in another that did not have a law
limiting it. Coordinating global financial regulation would stop that.
Solutions and Pitfalls, Financial Express, 2012
What are some of the things that can be done to fix the financial crisis in
Europe? Both short-term and long-term answers to these problems are
explained here.
Part B. Monetary Systems, Financial Markets, Balance of Payments, Financial
Institutions
Why a Second Bretton Woods Won't Work, Bernard Connolly, The International
Economy, 2011
Does the world need a second Bretton Woods conference to address the global
financial crisis? Bernard Connolly says no, and, in fact, says it would be
a very bad idea!
The Balance of Payments: Office for National Statistics, Graeme Chamberlin,
Office for National Statistics (UK) Economic and Labour Review, 2009
This article, from the United Kingdom, explains how the balance of payments
is calculated. The current account, the capital and financial accounts, the
international investment position, net investment income, and recent trends
and why they are important are presented using the United Kingdom as an
example.
The Next 80 Years, Ellen M. Heffes, Financial Executive, 2011
The last 80 years saw some of the greatest changes in financial reporting
and many of the other factors for which the CFO is responsible. The next 80
years will hold even more change, some of which can be predicted and some
of which cannot.
Internationalizing Business, Marydee Ojala, Online, 2011
We are living in a truly international world and that means that there are
stock exchanges almost everywhere. These exchanges include the large global
exchanges in New York, London, and Tokyo down to the ones in Nepal and the
Sudan. People buy and sell securities all around the world because there
are opportunities all around the world in the global economy.
Part C. Financial Management, Accounting, Foreign Direct Investment
Engaging China: Strategies for the Small Internationalizing Firm, Rolf D.
Cremer and Bala Ramasamy, Journal of Business Strategy, 2009
Entering the Chinese market is difficult for any company, but it is
particularly difficult for small multinationals seeking to enter the
market. Here are some strategies that can be used by small international
firms to enter the Chinese market, focusing on companies from New Zealand.
Preparing for Significant, Multi-Year Changes, Sean Torr, Financial
Executive, 2011
The International Financial Reporting Standards (IFRS) for accounting are
in the process of being adopted by American corporations, replacing the old
FASB criteria. This is going to be a multi-year process for many companies
requiring attention to many facets of their organizations.
The Case for Global Accounting, Floyd Norris, The New York Times, 2012
Due to the increasing interdependence of global banking and financial
institutions, politicians from various nations, including the United
States, have clamored for the institution of common accounting rules.
UNIT: International Organizations and Operations
Part A. The Global Corporation
The Work Left Undone: Perspectives on Small Business Opportunities in
International Trade, Matthew Carr, Business Credit, 2010
There is great opportunity for small business in global business,
especially in the import/export sector. The government has recently stepped
up with programs designed to assist small businesses and the opportunities
for assistance remains great.
Part B. Global Corporate Strategy
Going Global: The Risks and Rewards of China's New International Expansion
, Chi Lo, The International Economy, 2011
As a part of its effort to secure markets and supplies for its goods, China
is taking a much more active role on the international stage than it did in
the past. With this come additional problems, opportunities, and
responsibilities that China must address.
NanoTech Firm Takes Passage to India, Peter Gwynne, Research Technology
Management, 2009
Small, high-tech firms are going to developing countries to develop,
manufacture, test, and market their products before they do so in the
United States and the rest of the developed world. Here is one firm from
Massachusetts that is doing it.
Increasing Your Share of a Culturally Diverse Audience, Leah Smiley,
Franchising World, 2011
In the global economic environment it is not the affirmative action
policies that have their roots in the American Civil Rights movement of 50
years ago that will provide the organization with a competitive advantage.
It is the recognition of diversity among employees, customers, and cultures
that will lead to success.
Part C. Global Marketing
General Mills' Global Sweet Spot, David A. Kaplan, Fortune, 2011
Häagen-Dazs is a made-up word, but its success on the global market is far
from made up. It is a superpremium brand with superpremium profits and with
what looks to be a superpremium future.
Expanding Opportunity at the Base of the Pyramid, David G. Altman, Lyndon
Rego, and Peg Ross, People and Strategy, 2009
There are 4 billion people living on US$2 a day or less, a group that
represents trillions of potential sales in basic necessities in the
developing world. Strategies for reaching these potential consumers are
discussed.
Hailun Piano and the Quest for Quality, Music Trades, 2011
Hailun Piano of China manufactures high-quality pianos, primarily for the
export market, but is now also selling them in China. The obstacles and
opportunities that this company faces are outlined here.
Part D. Global Human Resources
Distant Dilemmas, Mark McGraw, Human Resource Executive, 2010
In some countries, corrupt practices as defined by the Corrupt Foreign
Practices Act are a way of life. In others, because of the current economic
climate, they are on the rise. Helping ex-patriot executive's deal with
these situations is the theme of this essay.
T he Impact of Globalization on Income and Employment. The Downside of
Integrating Markets, Michael Spence, Foreign Affairs, 2011
Globalization does have an impact on the population of those nations
participating in international trade. For the most part, that impact is
positive, but for some it is not, and that includes groups in developed
societies such as the United States.
Learn the Landscape: When Managing Benefits Globally, Government-Provided
Services, National Mandates and Cultural Expectations Come into Play, David
Tobenkin, HR Magazine, 2011
Managing benefits on the domestic level is difficult enough; doing it on
the global level is even more difficult. Here are some of the things to
watch for when "managing benefits globally."
Part E. Global Business Operations
Explaining High Oil Prices, Christian Berthelsen, The Wall Street Journal,
2011
Oil prices are high, but demand for oil is relatively low. In fact, the US
is now a net exporter of petroleum products such as gasoline. How can this
be?
Keynote Panel Session 1: Whose Income Is It? How Business Is Caught in the
Global Competition and Controversy for Tax Revenues, Timothy M. McDonald et
al., Taxes-The Tax Magazine, 2009
This is a text of a panel discussion from a symposium on international tax
rates and how they impact the cash flow and business decisions of
corporations to expand their businesses and the role governments play in
establishing those taxes.
Building the Supply Chain of the Future, Yogesh Malik, Alex Niemeyer, and
Brian Ruwadi, McKinsey Quarterly, 2011
Companies need to be flexible in the future when it comes to their supply
chains. What might be the best supply chain today, for the near term, might
not be the best supply chain tomorrow for the intermediate or long-term.
Conditions change and organizations must be prepared.
UNIT: Issues in International Business
Part A. The Developing World
Foreign Aid, Capitalist Style, Nina Easton, Fortune, 2011
Foreign aid does not just include giving aid to earthquake and flood
victims. Truly effective foreign aid helps to establish stable,
representative governments that are not corrupt and that can support
themselves into the future.
Emerging Challenges: Emerging Markets Must Adapt to the New Global Reality
by Building on Their Economic Success, Min Zhu, Finance and Development,
2011
Emerging economies are growing much faster than the developed economies of
the world. Soon they will represent a greater portion of the world's gross
domestic product than the developed world.
How Civil Society Can Help: Sweatshop Workers as Globalization's
Consequence, Jeff Ballinger, Harvard International Review, 2011
What was the cost of the labor that went into that hooded sweatshirt you
are wearing with the university logo on it that cost $38.00? Would you
believe 20 cents? How much do you think the university got for licensing
its logo on your sweatshirt? Would you believe $2.00?
Part B. Ethical Issues in International Business
Map Room: Global Graft, World Policy Journal, World Policy Institute, 2010
What countries suffer from corruption and what countries are less corrupt
than others? This question is answered here in the Map Room of the World
Policy Institute. Take a look. You might be surprised at what you see.
Deadly Business in Moscow, Tom Cahill, Bloomberg BusinessWeek, 2010
Of the four "BRIC" countries, Russia has been, perhaps, the most
disappointing in terms of economic growth. Part of the reason for that can
be best summed up in the problem of corruption on the part of the
government, as this article demonstrates.
Current Mission Statement Emphasis: Be Ethical and Go Global, Darwin L.
King, Carl J. Case, and Kathleen M. Premo, Academy of Strategic Management
Journal, 2010
Fortune 500 companies are paying greater attention to their role as global
organizations. This simple fact is reflected in the increase in the use of
global/international terminology in their mission statements.
Corporate Social Responsibility: Pros and Cons, Ashiq Hussain, Pakistan and
Gulf Economist, 2011
Corporate social responsibility is perceived differently in different
countries. And some detractors view corporate responsibility actions as a
means to deflect attention away from corporate weaknesses.
UNIT: The Future and International Business
The New Population Bomb: The Four Megatrends That Will Change the World,
Jack A. Goldstone, Foreign Affairs, 2010
There are trends in the world that can be spotted today that will have
consequences for the next 50 years. Four of them are discussed here
including population growth, urbanization, aging, and the decline of
Europe.
The Man Who Named the Future, Gillian Tett, Financial Times (London), 2010
Jim O'Neil, the chief economist at Goldman Sachs, is the man who coined the
phrase "BRIC" for Brazil, Russia, India, and China. It was the prediction
of the future that has been adopted by many in the financial and business
communities.
The Future of History: Can Liberal Democracy Survive the Decline of the
Middle Class? Francis Fukuyama, Foreign Affairs, 2012
These are times of change. There are competing models of change to
traditional liberal democracy such as the Chinese model of top-down
control. How the competition between these and other models will play out
in the future is discussed here.
The Crisis You Don't Know, Adam Davidson, The New York Times Magazine, 2012
Everyone knows about the financial crisis of 2008 and the Euro crisis of
2010/2011. But there is a deep, long-term crisis in Europe. Europe is
becoming progressively less competitive with the rest of the world. While
it is true that some small European countries are very rich, others are
very poor and on average the average American is nearly 50 percent richer
than the average European.
Finding a Job in the 21st Century, John A. Challenger, The Futurist, 2009
The employment market will look very different in the 21st century than in
the 20th century. Keeping one's skills up to date will be an important
consideration for all workers, and immigration from one country to another
may become far more common in the future.