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GLOBAL ECONOMY
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Restoring Executive Authenticity

January 3, 2012 • GLOBAL ECONOMY, FINANCE & BANKING, BUSINESS & INNOVATION, Governance & RegulationComments (0)

By Roger L. Martin The illegal and unethical behaviour of some business executives over the past few decades suggests something is seriously out of whack in the corporate world. You might also like: Decrypting The Aspiring Indian Low-Income Consumer Food and Fuel Excess: The Dark Side of America’s Exceptionalism From Hubris to Disgrace: The End …

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The United States of America or the Soviet Socialist States of America?

December 28, 2010 • CRITICAL ANALYSIS, Capitalism in the 21st Century, World Politics, AmericasComments (0)

By Richard Morrish “Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until debt becomes unbearable. The unpaid debt will lead to the

Too systemic to fail: Consequences, causes, and potential remedies

December 28, 2010 • GLOBAL ECONOMY, FINANCE & BANKING, EMERGING TRENDS, Capitalism in the 21st Century, Americas, Banking Innovation, Europe, Global Capital MarketsComments (0)

By Raghuram Rajan Perhaps the single biggest distortion to the free enterprise system is when a number of private institutions are deemed by political and regulatory authorities as too systemic to fail. Resources are trapped in corporate structures that have

European Jobs in 2040: Thinking ahead in the Netherlands

December 28, 2010 • BUSINESS & INNOVATION, EuropeComments (0)

By George M M Gelauff, Bas ter Weel and Albert van der Horst How will we earn our money in 2040? This article develops four scenarios for how the Dutch economy may evolve. It argues that the future depends on the development of technology – the fundamental

The UK Bribery Act and Beyond – Preparing for Change

December 28, 2010 • Europe, Governance & RegulationComments (0)

By Michael W. Johnson This article will detail the most important elements of the law, highlighting the restrictions that are broader than previous anti-corruption laws, such as the US Foreign Corrupt Practices Act (“FCPA”). It will then discuss the steps

Islamic Finance: Is the Time Ripe for a Private Sector Trade Association?

December 28, 2010 • FINANCE & BANKING, Banking Innovation, Global Capital Markets, Middle East & AfricaComments (0)

By Robert B Gray The growing significance of Islamic finance has brought into sharp focus the similarities and the potential for convergence with respect to market practices between conventional modes of financing and the market for Shariah-compliant

Luxury consumer behaviour in Mainland China: What exists behind the facade of new wealth?

December 28, 2010 • CULTURE & LIFESTYLE, Asia - Pacific, ChinaComments (0)

By Pierre Xiao LU China recently became the world’s second largest market for luxury goods with an annual increase of more than 30% in 2010, even surpassing Japan. Further estimates predict that China will become the largest upscale product and consumer

Selling to the Poor

December 28, 2010 • Asia - Pacific, ChinaComments (1)

By Aneel Karnani The poor, of course, have many unmet needs. It would be wonderful if business could satisfy all (or even most of) these needs and make a profit in the bargain. It would be a painless, even a profitable, way to solve the problem of poverty.

Entrepreneurship in China

December 28, 2010 • Asia - Pacific, ChinaComments (2)

By Yasheng Huang By most accounts, China is one of the most entrepreneurial countries on earth. According to the widely cited Global Entrepreneurship Monitor (GEM), published by Babson College, on a range of dimensions, such as fear of failures and

China in Africa: Think again

December 28, 2010 • Middle East & AfricaComments (0)

By Deborah Bräutigam You think you know what China is doing in Africa. You’ve seen the headlines: the Chinese arrived in Africa a few years ago in a desperate search for oil. They set up a huge aid program targeting resource-rich, pariah states that would