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
© 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
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
© 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
© 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)
© 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
© 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
© 2021, Farok J. Contractor, Distinguished Professor, Rutgers Business School Note: The following commentary is based on my experience teaching remotely during the pandemic. It does not directly reflect on Rutgers University. The pandemic has accelerated and legitimized online learning. The institution where I teach—Rutgers Business School (New Brunswick and Newark)—has been completely online for … Continue reading Despite Some Advantages, Online Education Has a “Dark Underbelly”
© 2020, Farok J. Contractor, Distinguished Professor, Rutgers Business School, and President-Elect, Academy of International Business Introduction to a public lecture sponsored by the Academy of International Business and the University of Nottingham (China, Ningbo Campus) VIDEO LINK Talk approximately 60 minutes followed by Q&A of 30 minutes Just two countries, China and the US, … Continue reading The US-China Business Relationship: “Bi-Polar”? Or a Stabilizing Pillar of the World Economy? A Video Lecture
© 2020, Farok J. Contractor, Rutgers Business School Featured Image Source: Financial Times Following is an introduction to the post-peer-reviewed, pre-copyedited version of an article to be published in the Journal of International Business Studies. The final authenticated version will be available online at: Journal of International Business Studies | Volumes and issues (springer.com). While … Continue reading The World Economy Will Need Even More Globalization in the Post-Pandemic 2021 Decade
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