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GLOBALIZATION – World Trade
In his excellent recent works on the themes [of the] nature of globalization and expanding world trade – “The World is Flat,” and the earlier “The Lexus and the Olive Tree” – The New York Times Foreign Affairs columnist and book author Thomas Friedman brilliantly describes and elegantly frames the boundaries and frontiers of the new era that corporations and capital market players have entered, beginning in 1989.
News & Updates
September 15, 2014 Dollar Rises as Commodities Decline on China; Ruble FallsSource: Bloomberg
The dollar strengthened to a 14-month high and commodities declined to the lowest in five years after data added to evidence China’s economy is slowing. Russia’s ruble weakened to a record after the European Union and U.S....
September 11, 2014 China fines Audi and Chrysler for price-fixingSource: Financial Times
China’s anti-monopoly regulator has fined Volkswagen’s Audi and Fiat’s Chrysler for fixing the price of cars and replacement auto parts, as part of a probe into foreign carmakers that has international investors crying foul.
September 11, 2014 China's Li promises more open economy amid complaints about anti-monopoly crackdown
Winnipeg Free Press - "We oppose protectionism in all its forms," the premier said at the îWorld Economic Forumî in the Tianjin, east of Beijing. "We will continue to pursue a more proactive strategy of opening up."...
Research & Insights
September 6, 2012 Not That Flat: Pankaj Ghemawat Challenges Globalization's AdherentsSource: Knowledge at Wharton
Globalization is a catchall term used to explain much of contemporary economic and social developments, from the prevalence of outsourcing to the popularity of fusion cuisine. But economist and professor Pankaj Ghemawat argues...
June 20, 2012 5 Reasons To Underweight India - Seekingalpha.comSource: Seeking Alpha
A new paper from the BlackRock Investment Institute, "When the Elephant Gets Sick: India at a Crossroads, elaborates on these downsides of the Indian economy and offers a few more. Here's the paper's list of five things currently...
May 17, 2012 Globalization and Continued Focus on Cost Rationalization Drives the Business Process Outsourcing (BPO) Market, According to New Report by Global Industry Analysts, IncSource: PR Web
GIA announces the release of a comprehensive global report on Business Process Outsourcing (BPO) markets. The global market for Business Process Outsourcing (BPO) is projected to surpass US$322 billion by the year 2018, driven by...
Commentary & Opinion
September 3, 2014 Good governance 101Source: Indian Express
The prime minister has hoisted his administration’s flag on the masthead of good governance. This is a welcome and timely objective. The question is, what does the prime minister mean by “good”? He campaigned on the slogan of...
August 8, 2014 How a Global Economy Bankrupts Local BusinessSource: Wall Street Cheat Sheets
For better or for worse, globalization is here. That brings along with it all sorts of advantages in business and trade, as well as opening up new markets to labor, industrialization, and modernization. Giant multinational...
May 13, 2014 U.S. Is No. 1, China Is So YesterdaySource: Bloomberg View
A decade ago, the fabled Goldman Sachs report “Dreaming With BRICs” predicted that China’s gross domestic product would overtake the U.S.'s sometime in the 2020s. The World Bank study released last month was the hype to end all...
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