Misrepresentations About International Trade: The Case of Apple’s iPhone

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© 2025, Farok J. Contractor, Distinguished Professor, Rutgers Business School This article is scheduled for publication in the Spring 2025 edition of the Rutgers Business Review. Abstract In  the present debates about US manufacturing and trade deficits, the case of the Apple iPhone provides several useful insights. Looking only at the US-China trade balance, the … Continue reading Misrepresentations About International Trade: The Case of Apple’s iPhone

How Do Multinationals View India as a Global Supply Chain Partner and Market? Benefits, Concerns, and Obstacles

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© 2024, Farok J. Contractor, Distinguished Professor, Rutgers Business School India, with its expanding economy, has finally arrived on the world stage as a potentially very important market and supply chain partner for multinational companies. What factors within the country attract multinationals to engage in foreign direct investment (FDI) in India? What factors within India … Continue reading How Do Multinationals View India as a Global Supply Chain Partner and Market? Benefits, Concerns, and Obstacles

Thanksgiving Day: A Story of Globalization, Cross-cultural Influences, and Unity

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Image Credit: "Freedom from Want" - The Saturday Evening Post Cover of March 6, 1943, by Norman Rockwell – US National Archives and Records Administration, Public Domain © 2024 Farok J. Contractor, Distinguished Professor, Rutgers Business School As Americans sit down to their Thanksgiving Day repasts each year, they are taught to recall the story … Continue reading Thanksgiving Day: A Story of Globalization, Cross-cultural Influences, and Unity

Premature Schadenfreude Directed at the US Dollar

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Photo Credit: ATHIT PERAWONGMETHA/REUTERS © 2023 Farok J. Contractor, Distinguished Professor, Rutgers Business School RECENTLY, THERE HAS BEEN A PROLIFERATION of wishful-thinking posts predicting the imminent decline of the US dollar as a universal currency, further stating that its fate is to be replaced by the Chinese yuan, the Indian rupee, or some other currency. Pundits … Continue reading Premature Schadenfreude Directed at the US Dollar

BOOK REVIEW – THE STRUGGLE AND THE PROMISE: RESTORING INDIA’S POTENTIAL by Naushad Forbes

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© 2022, Farok J. Contractor, Distinguished Professor, Management & Global Business, Rutgers Business School Ordinarily, I do not do book reviews. But The Struggle and the Promise: Restoring India’s Potential by Naushad Forbes (2022, HarperCollins) struck a note with me because it covers most of the important issues facing the future of developing countries, and … Continue reading BOOK REVIEW – THE STRUGGLE AND THE PROMISE: RESTORING INDIA’S POTENTIAL by Naushad Forbes

REPORT FROM THE ACADEMY OF INTERNATIONAL BUSINESS (AIB) BOARD: What Has Been Achieved and What Still Needs to Be Done

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Farok J. Contractor, Ph.D., Outgoing President As I will soon be completing my term as AIB President, while remaining a member of the Executive Board, I thought it would be useful to review the progress AIB has achieved over the past year and what remains to be done. Only a few readers of this blog … Continue reading REPORT FROM THE ACADEMY OF INTERNATIONAL BUSINESS (AIB) BOARD: What Has Been Achieved and What Still Needs to Be Done

Reshaping International Operations for a Carbon-Neutral Future – Keynote Speech

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© 2022 Farok J. Contractor, Distinguished Professor, Rutgers Business School, and 2022 President, AIB I was asked to give the keynote speech (on June 9, 2022 in the US, June 10 in China) at the 2022 ECUST-USF International Conference organized by the East China University of Science and Technology (ECUST), the University of San Francisco … Continue reading Reshaping International Operations for a Carbon-Neutral Future – Keynote Speech

Academy of International Business (AIB) Joins World Investment for Development Alliance (WIDA)

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© 2022 Farok J. Contractor, Distinguished Professor, Rutgers Business School, and President, AIB Since the mid-1980s, globalization has contributed to lifting more than one billion people out of grinding poverty and perhaps two billion into a middle-class consumer status. The Academy of International Business (AIB) is the premier worldwide association of more than 3,000 academics … Continue reading Academy of International Business (AIB) Joins World Investment for Development Alliance (WIDA)

The Purchasing Power Parity Theory Works – Illustrated by the Sad Tale of the Argentine Peso

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© 2021, Farok J. Contractor, Distinguished Professor, Management & Global Business, Rutgers Business School On  November 8, 2021, it happened — as predicted by the purchasing power parity (PPP) theory: the Argentine monetary unit crossed the symbolically important threshold of 100 pesos = 1 US dollar (USD). A lurid but sad tale. A century ago, … Continue reading The Purchasing Power Parity Theory Works – Illustrated by the Sad Tale of the Argentine Peso

Frontline IB Video Conversations: Farok Contractor – April 29, 2021

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© 2021, Farok J. Contractor, Distinguished Professor, Rutgers Business School, and Incoming President, AIB  Part of the Academy of International Business (AIB) Video Conversations with Leading Scholars Series VIDEO LINK Talk about 30 minutes The Academy of International Business (AIB), of which I am serving as Incoming President 2021–2022, has been recording a series of … Continue reading Frontline IB Video Conversations: Farok Contractor – April 29, 2021