What Does “Flattening the Curve” Mean? Will It Also Flatten the Global Economy?

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©2020 Farok J. Contractor, Rutgers Business School Update to  20 Mar 2020 and  23 Mar 2020 posts with additional references from medical experts and economists for those who wish to read deeper The Excruciating Choice Governments face an “excruciating choice” between “flattening the (coronavirus) curve” by imposing quarantines and lockdowns and the huge, unprecedented economic impact … Continue reading What Does “Flattening the Curve” Mean? Will It Also Flatten the Global Economy?

Quick Update: The Excruciating Choice: “Flattening the Curve” and Prolonging the Global Recession

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©2020 Farok J. Contractor, Rutgers Business School Click  20 Mar 2020 for earlier post Government Waking Up to the Trade-offs It is not every day that, shortly after I publish a post, the Trump administration responds with a similar thought, addressing – seemingly for the first time – the balance between health considerations and the … Continue reading Quick Update: The Excruciating Choice: “Flattening the Curve” and Prolonging the Global Recession

The Excruciating Choice: “Flattening the Curve” and Prolonging the Global Recession

Posted on by Farok J. Contractor

Click  23 Mar 2020 for update ©2020 Farok J. Contractor, Rutgers Business School Around the world, governments are reacting to the spread of the coronavirus by recommending, or forcing, the closure of schools, restaurants, and travel. By having the population remain at home, the much-reduced human-to-human contact will slow down the spread of the virus. … Continue reading The Excruciating Choice: “Flattening the Curve” and Prolonging the Global Recession

Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics (Updated)

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© 2018, Farok J. Contractor, Rutgers Business School An earlier version of this article was published on this site on May 5, 2016, and also in AIB Insights, Vol. 16, No. 2 (2016). 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). Also see … Continue reading Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics (Updated)

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

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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

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

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© 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?

Inversions…and Versions (of Tax Truths)

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© 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)

What’s Driving the Chinese and World Stock Markets? Frugality and Risk-Taking in Chinese Culture Make for a Heady Mix

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© 2016 Prof. Farok J. Contractor, Rutgers University Life in China - A Gambling House and Opium Den at Macao The drop in Chinese stock markets has had more than a ripple effect on world markets—and threatens to produce a bearish environment everywhere. Are the fears of a spillover and world recession justified? A longer-term … Continue reading What’s Driving the Chinese and World Stock Markets? Frugality and Risk-Taking in Chinese Culture Make for a Heady Mix

IMF Elevates Yuan to Elite Currency Status: So what?

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© 2015 Prof. Farok J. Contractor, Rutgers University Governor of the People’s Bank of China (China’s central bank) since 2002 and a cautious and methodical bureaucrat, Zhou is the essence of his country’s Mandarin class: canny and understated, but relentless in his objective to elevate China’s economy and currency to elite status. Under Zhou’s watch, China’s exports … Continue reading IMF Elevates Yuan to Elite Currency Status: So what?

The Refugee Crisis – Does Europe Benefit or Lose? The Angle Not Covered by the Media

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© 2015 Prof. Farok J. Contractor, Rutgers University Put aside, for the moment, the horrific scenes of human suffering, the fears that some ISIS sympathizers may be part of the herd swarming onto European shores, and the large immediate costs of resettling and giving aid to hundreds of thousands of souls. Then consider this question: … Continue reading The Refugee Crisis – Does Europe Benefit or Lose? The Angle Not Covered by the Media