© 2017 Farok J. Contractor, Rutgers Business School Recommended Citation: Contractor, Farok J. What is at stake in China-US relations? an estimate of jobs and money involved in the bilateral economic tie. Rutgers Business Review, Vol. 2, No. 1, pp. 1–22 (2017). • This is an updated version of my January 15, 2017 post. A version … Continue reading What’s at Stake in China-US Relations? An Estimate of Jobs and Money Involved in the Bilateral Economic Tie
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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
© 2016 Prof. Farok J. Contractor, Rutgers University See the updated post, Thanksgiving Day: A Story of Globalization, Cross-cultural Influences, and Unity Last year’s Thanksgiving reflections (click to read: 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. Today, on … 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 Online Also listen to the Podcast Where Do Brexit and Anti-Globalization Sentiments Come From? Recorded by Hira Jafri, Director of Global Programs, Yale MacMillan Center and see 11/26/19 Post angst noun: “a feeling of deep … Continue reading Globalization’s Angst and the “Brexit” Vote
Update: Is China a “currency manipulator”? Donald Trump says so
SEE UPDATED POST, AUGUST 11, 2019: Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right? © 2016 Prof. Farok J. Contractor, Rutgers Business School This article is a 2016 update of my original post of November 16, 2015. It has also been published on The Conversation as Does China manipulate its currency … Continue reading Update: Is China a “currency manipulator”? Donald Trump says so
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?
Inversions…and Versions (of Tax Truths)
© 2016 Prof. Farok J. Contractor, Rutgers University NOTE: This article first appeared in YaleGlobal Online, a publication of Yale University MacMillan Center, April 12, 2016. Portions reproduced with permission. Subsequently, it also appeared on The Conversation (US Edition), April 20, 2015. Sign up for their newsletter here. Companies “...effectively renounce their citizenship…[by using] insidious tax loopholes...fleeing the … Continue reading Inversions…and Versions (of Tax Truths)
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