Cornell on Emerging Markets
Cornell’s Emerging Markets Institute at the Samuel Curtis Johnson Graduate School of Management provides thought leadership on the role of emerging markets—and emerging market multinationals—in the global economy.
Perceptions of China’s Outbound M&A
by Kaiwen Zhong, BA ’15 Chinese companies’ acquisitive streak in the US is often called a buying “spree” and is frequently compared to Japan’s heightened real estate purchase activities in the United States in the 1980s. As the number of large deals from China to the US increased consistently over the last five years, media […]
Money Matters in Modi’s India
by Abhiram Muddu and Vince Wong Abstract Money matters in India are complicated. As Prime Minister, Narendra Modi has set forth bold policy objectives towards reining in sovereign liquidity, which has suffered in recent years due to declining money inflows and rampant tax evasion. In this article, we investigate India’s liquidity imbalances and explore the implications for […]
Developing Cities in Turkey and the Challenges for the Turkish Economy in the Next Decade
Utku Balaban, Associate Professor of Sociology at Labor Economics and Industrial Relations, Ankara University and European Commission Marie Curie Grant Fellow Turkey is the most industrialized country in the Muslim Middle East. In 2014, the Turkish economy produced almost three times as much industrial value added as Egypt and Iran did, both of which have roughly […]
Is Globalization in Danger?
Deven Sharma, Founder of Inflexon (www.inflexon.com) , Fellow at Connection Science @ Media Lab, and former President of Standard & Poor Globalization is under assault. Disruptive Influences Beyond the political and pundit slogans, there are ample signs that point to the peril of globalization: protectionism, immigration backlash, nationally centered regulations, and constraints on capital mobility […]
Globalization Reset
Deven Sharma, Founder of Inflexon (www.inflexon.com) , Fellow at Connection Science @ Media Lab, and former President of Standard & Poor Globalization is under assault. What should a reset look like? Globalization pullback is here. However, the promise of global markets also remains very much intact. The pace of globalization has slowed, and its nature […]
The world is not flat… and that creates many opportunities!
Roberto dos Reis Alvarez is the Executive Director of the Global Federation of Competitiveness Councils (GFCC – www.thegfcc.org). In his famous book “The World is Flat: a Brief History of the Twenty-First Century”, Thomas Friedman highlights ten forces that are shaping a ‘flat world’. Later in 2005, Richard Florida wrote an article in The Atlantic […]
Emerging and Connected: Insights on Broadband from Brazil
We are always online. We pay our rent, buy furniture, take language lessons and schedule our next appointment to the doctor, let alone the time spent on social media. The Internet is part of our lives and we take it for granted. In fact, we barely remember how life was before we could wake up […]
The Impact of Entrepreneurship and Interorganizational Networks on Global Innovations Development: The Evidence of Foreign Subsidiaries Operating in the Country
Throughout the last decade, the focus of international business studies guided by the theory of networks has highlighted the role of integration of subsidiaries in the host country business networks as a key factor in explaining the generation of knowledge and innovation in subsidiaries (ANDERSSON, 2003; ANDERSSON; BJÖRKMAN; FORSGREN, 2005; ANDERSSON; FORSGREN; HOLM, 2002; CIABUSCHI; […]
Social Impact Bond in Emerging Markets: Funding Chinese Migrant Workers’ Children Digital Education
With budgets tightening worldwide, there is a need to channel limited government and international organization funding towards high-quality developmental projects. A new type of investment vehicle, social impact bond, carries the promise of bringing private capital to achieve important social objectives. Social impact bond is a contractual agreement where government (or international organization) promises to […]