EMI at Work

by Carlos Serquen, MBA ’18 Venezuela will Create New ‘Petro’ Cryptocurrency The president of Venezuela, Nicolas Maduro, announced the creation of a Venezuelan cryptocurrency called the “Petro.” He mentioned that the Petro will help achieve monetary sovereignty, make financial transactions, and most important, fight inflation and overcome the financial blockade. Venezuela’s current situation The economic […]

by Brian Balduzzi, MBA ’18 Introduction Tax experts have long proposed using taxation to alleviate inequality and redistribute income within developing countries (Lustig, 2016). Recent scholarship suggests that adopting and implementing a personal income tax system for developing countries, modeled after that of developed countries, ignores some of the key differences between these two types […]

by Farouk Appiedu, MBA ’17 With a population of 28.2 million, Ghana is considered one of the world’s fastest-growing economies—if not the fastest growing economy in Africa in 2018[1] — and is among the most stable African countries, marked with relatively low corruption and high political stability. Ghana’s $42.69 billion economy (ranked 85th in the […]

by Armstrong Mbi, One-Year MBA ’18 As a country that makes international news headlines constantly, Israel is a major geopolitical force in the world. A visit to its business, political, and cultural ecosystems is an opportunity that every aspiring global leader should seize. As part of the Cornell itrek 2017 class, I not only participated […]

by Evodio Kaltenecker Introduction Democracies in Latin America await a wave of important elections in 2018. Starting in Costa Rica, with presidential and legislative general election on February 4th, and El Salvador, which will face legislative elections on March 4th, to several other countries in the region, which will cast votes for their legislative branches, […]

by Alice Zheng, Catarina Levita Schallenbach and Ria Gabrielle Lim Tencent, a Chinese holding company, was founded in 1988 by Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. Huateng currently serves as the Chairman and CEO while Chenye currently serves as CIO (1). Tencent provides media, entertainment, payment systems, online advertising services, […]

by Cayla Chen and Chris Hooper Flipkart is an e-commerce company in India that operates through a complex corporate structure consisting of nine different companies – four in Singapore and five in India. Flipkart is the industry market leader in India, ahead of other competitors such as Amazon India and Snapdeal. The company achieved a […]

by James Godbout, and Nicola de Vera Marcopolo is a leading Brazilian bus body manufacturer. Since its inception in 1949, the company has seen consistent domestic growth, establishing a strong foothold and competitive advantage in its country of origin with a 46% market share. Marcopolo’s core competencies in production and customization have been critical to […]

by Veneta Andonova and Mauricio Losada-Otálora The challenges faced by Latin American multinational companies, or multilatinas, often require unique strategies tailored to a demanding global environment. The book Multilatinas studies the strategies of internationalisation exercised by large multilatinas, offering the first systematic, quantitative effort to examine the pattern of their international investments within the context […]