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

© 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”

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

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 Images of Deities … 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)

© 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)

Updates: What the Iran Nuclear Deal Means for American Business

© 2015 Prof. Farok J. Contractor, Rutgers University Since I published the blog post What the Iran Nuclear Deal Means for American Business on July 14, 2015, it has received additional media attention. Please see the following sources: CBS News MoneyWatch – Online Article, July 14, 2015 The Conversation – Online Article, July 16, 2015 At Night  – Corus Radio, Calgary, Alberta, Canada, with … Continue reading Updates: What the Iran Nuclear Deal Means for American Business

What the Iran Nuclear Deal Means for American Business

© 2015 Prof. Farok J. Contractor, Rutgers University PLEASE SEE UPDATES IN THE AUGUST 6, 2015 POST The following comments are based on a telephone interview with Bob Hennelly of CBS News MoneyWatch on July 14, 2015. The potential for US business to engage with Iran can be summarized in one sentence: Iran exports crude oil but imports … Continue reading What the Iran Nuclear Deal Means for American Business