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What’s at Stake in China-US Relations? An Estimate of Jobs and Money Involved in the Bilateral Economic Tie

© 2017 Farok J. Contractor, Rutgers Business School NOTES ABOUT THIS POST:  •  This is an updated version of my January 15, 2017 post.  •  A version of this post was also published by Rutgers Business Review.  Recommended Citation: Contractor, Farok J. What is at stake in China-US relations? an estimate of jobs and money involved in the … Continue reading What’s at Stake in China-US Relations? An Estimate of Jobs and Money Involved in the Bilateral Economic Tie

Four Salient Facts about the Chinese Yuan

© 2017 Farok J. Contractor, Rutgers Business School On February 23, 2017, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices, President Donald Trump declared: "Well...I think they're grand champions at manipulation of currency. So I haven't held back.... We'll see what happens."  — Reuters Four Salient Facts: … Continue reading Four Salient Facts about the Chinese Yuan

Tax “Amnesty” for Multinationals—But Not for Illegal Immigrants

© 2017 Farok J. Contractor, Rutgers Business School Republicans want a one-time tax of the money currently stashed overseas at a "tax holiday" rate of 8.75 percent, according to the House blueprint, while Trump has called for 10 percent. (Reuters, January 25, 2017)[1] As a professor of International Business I am in favor of ethical business, … Continue reading Tax “Amnesty” for Multinationals—But Not for Illegal Immigrants

What’s at Stake in China-US Relations? Job and Money Calculations Under Various (Trumpian) Scenarios

© 2017 Farok J. Contractor, Rutgers Business School This post was updated on March 10, 2017 as “What’s at Stake in China-US Relations? An Estimate of Jobs and Money Involved in the Bilateral Economic Tie”—click to be automatically redirected. A shorter version was published as an article on YaleGlobal Online February 28, 2017, as  “Disrupting US-China Relations Will Incur … Continue reading What’s at Stake in China-US Relations? Job and Money Calculations Under Various (Trumpian) Scenarios

Second Helping: Thanksgiving Day and Globalization

Last year’s Thanksgiving reflections on November 27, 2015 provided interesting historical perspectives and fun facts about Plimoth Colony and Plantation, an Amazing native American named Tisquantum (“Squanto”), and the Mexican origins of our favorite Thanksgiving entree: turkey. This year on our national day of gratitude, THE CONVERSATION published a refreshed version of last year’s post today entitled  Why we have globalization to thank for Thanksgiving. … Continue reading Second Helping: Thanksgiving Day and Globalization

The G20 Summit in China: An Annual “Talking Shop”? Or a Potential Bedrock of Global Civilization?

© 2016 Prof. Farok J. Contractor, Rutgers Business School Note: A version of this article was also published on The Conversation as How the G20 can ensure the marvelous gains from globalization aren't lost. What do summits such as the G20 accomplish? Posing for pictures after their summit, the leaders of the G20, a mixed bag of … Continue reading The G20 Summit in China: An Annual “Talking Shop”? Or a Potential Bedrock of Global Civilization?

Globalization’s Angst and the “Brexit” Vote

© 2016 Prof. Farok J. Contractor, Rutgers Business School A version of this post also appeared as a featured article at  YaleGlobal on June 28, 2016. angst noun: “a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general”[1] The UK—an almost insignificant island on … Continue reading Globalization’s Angst and the “Brexit” Vote

Update: Is China a “currency manipulator”? Donald Trump says so

© 2016 Prof. Farok J. Contractor, Rutgers Business School This article is a 2016 update of a post published on November 16, 2015. It has also been published on The Conversation as “Does China manipulate its currency as Donald Trump claims?” on June 13, 2016. Subsequently, it was also picked up by USNews.com on June 22, 2016, as “Does … Continue reading Update: Is China a “currency manipulator”? Donald Trump says so

Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics

© 2016, Farok J. Contractor, Rutgers Business School Recommended Citation: Contractor, Farok J. Tax avoidance by multinational companies: methods, policies, and ethics. Rutgers Business Review, Vol. 1, No. 1, pp. 27–43 (2016). A version of this article was also published in  AIB Insights, Vol. 16, No. 2 (2016). Also see The [2016] G20 Summit in China: An Annual “Talking … Continue reading Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics

Happy Tax Day, USA (April 18, 2016): How are corporations and individuals footing the tax bill?

© 2016 Prof. Farok J. Contractor, Rutgers University Source: The Economist, April 9, 2016 Individual Americans will finish filing their returns on April 18, 2016, contributing approximately $3.1 trillion in income and social insurance (Social Security and Medicare) taxes to the highest federal government revenue of any nation on earth. But the US government will spend … Continue reading Happy Tax Day, USA (April 18, 2016): How are corporations and individuals footing the tax bill?