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The “Star-Spangled Banner” and an Early Example of Outsourcing: The American National Anthem Was Composed on a Ship Built in India

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School See the updated and revised version of this post, July 11, 2019: From Bombay to Baltimore: Was the American national anthem composed on a ship built in India at the Wadia Shipyard? The featured image of the Stars and Stripes above is housed at the Smithsonian. On several … Continue reading The “Star-Spangled Banner” and an Early Example of Outsourcing: The American National Anthem Was Composed on a Ship Built in India

WWMS? (What Would Milton Say?)

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School The current debate about trade with China sparked by the Trump administration is uncannily reminiscent of the 1970s, when Japanese companies were deemed a threat to the United States. Phrases such as “Japanese invasion” were used by frightened journalists and fear-mongering politicians. The threat from Japanese imports … Continue reading WWMS? (What Would Milton Say?)

TEN QUICK FACTS ABOUT US TRADE: Deficits, Dumping, and Discords

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School Acting on his campaign rhetoric that China is “raping our country,”[1] Don Trump recently announced a 25 percent tariff on steel, 10 percent on aluminum, 30 percent on solar panels, and 20–50 percent on washing machines—products he alleged are being “dumped” by the Chinese[2]—and threatened a “trade … Continue reading TEN QUICK FACTS ABOUT US TRADE: Deficits, Dumping, and Discords

Lifetime Achievement Award PLUS 10,000 Publication Citations

Posted on by Pamela M. Bond Contractor

Indian Academy of Management 2017 Lifetime Achievement Award On December 19, 2017, Professor Vasanthi Srinivasan of the Indian Institute of Management, Bangalore, and president of the Indian Academy of Management (INDAM), presented Farok Contractor, Distinguished Professor at Rutgers University Business School, with a Lifetime Achievement Award at a dinner ceremony during INDAM’s 5th Biennial Conference December 18–20, 2017 … Continue reading Lifetime Achievement Award PLUS 10,000 Publication Citations

India Jumps 30 Places Higher in World Bank Rankings: Update on “Thousands of Hindu Gods – Made in China”

Posted on by Farok J. Contractor

© 2017, Farok J. Contractor, Rutgers Business School This is an update to my September 7, 2017 post, in which I described seven reasons why India’s manufacturing competitiveness still lags behind China’s — but also how the Modi government is taking steps to alleviate the bottlenecks. (See reader comments in the original post.) Click for PDF of … Continue reading India Jumps 30 Places Higher in World Bank Rankings: Update on “Thousands of Hindu Gods – Made in China”

Xinhua Interviews Farok Contractor about China’s Economic Growth: October 10, 2017

Posted on by Pamela M. Bond Contractor

In the past five years there’s been a lot of significant achievements, such as the inclusion of the RMB (or the yuan) in the IMF SDR basket, which is putting China on the path to becoming a recognized internationally tradable currency. Interview: China could sustain 6 pct growth rate in medium term: U.S. expert Source: … Continue reading Xinhua Interviews Farok Contractor about China’s Economic Growth: October 10, 2017

Thousands of Hindu Gods – Made in China: Seven Bottlenecks to Indian Manufacturing

Posted on by Farok J. Contractor

NOTE: THIS POST WAS UPDATED ON NOVEMBER 13, 2017. A version of the original post also appeared as an article on YaleGlobal Online October 24, 2017 as  Made in China: Millions of Hindu Gods. An embarrassing tale about India’s manufacturing competitiveness. But there is hope. © 2017, Farok J. Contractor, Rutgers Business School Featured Photo: Images … Continue reading Thousands of Hindu Gods – Made in China: Seven Bottlenecks to Indian Manufacturing

Globalization Continues – And Multinationals Play by Rules Set by Other Nations (Despite What Trump Says)

Posted on by Farok J. Contractor

© 2017 Farok J. Contractor, Rutgers Business School  Globalization is driven by two inexorable logical constructs: (1) Multinational companies go and sell where enough customers are located, serving foreign markets by whatever means possible. And: (2) Multinational companies produce (or outsource) wherever it is rational or cheap to do so following the rules of various countries … Continue reading Globalization Continues – And Multinationals Play by Rules Set by Other Nations (Despite What Trump Says)

What Is Globalization? (Part 2): Global Leadership in an Era of Growing Nationalism, Protectionism, and Antiglobalization

Posted on by Farok J. Contractor

2017 Farok J. Contractor, Rutgers Business School  In Part 1, What Is Globalization? How to Measure It and Why Many Oppose It, I concluded that globalization is here to stay—and will continue to converge nations, culturally and economically, indefinitely. At the same time, leaders such as Trump, Le Pen, Erdoğan, and Duterte espouse an anti-globalization … Continue reading What Is Globalization? (Part 2): Global Leadership in an Era of Growing Nationalism, Protectionism, and Antiglobalization

What Is Globalization? (Part 1): How to Measure It and Why Many Oppose It

Posted on by Farok J. Contractor

© 2017 Farok J. Contractor, Rutgers Business School The rise of nationalistic political leaders has spanned the globe—from Donald Trump and Marine Le Pen in the West, to Recep Tayyip Erdoğan in the Middle East, to Narendra Modi and Rodrigo Duterte in the East. To varying degrees, each of these leaders espouses an “our country … Continue reading What Is Globalization? (Part 1): How to Measure It and Why Many Oppose It