Learning from the History of Globalization

Posted on by Farok J. Contractor

© 2014 Prof. Farok J. Contractor, Rutgers University Since the year 2000, the US has suffered a horrendous merchandise trade deficit against China, adding up to $2,947 billion over the 14-year period. This means that China has accumulated nearly $3 trillion surplus dollars—much of which they “kindly” reinvested in US assets, notably US Treasury debt. … Continue reading Learning from the History of Globalization

Multinationals Based in Emerging Markets: The Sources of Their Competitive Advantage

Posted on by Farok J. Contractor

© 2014 Prof. Farok J. Contractor, Rutgers University When a company goes abroad, it faces the extra hurdle of unfamiliarity with the local market, its culture, its regulations, and its institutions. Sometimes, the national origin of the firm is looked down on. An example is the skepticism and mild hostility toward Chinese products in some … Continue reading Multinationals Based in Emerging Markets: The Sources of Their Competitive Advantage