Academy of International Business (AIB) Joins World Investment for Development Alliance (WIDA)

© 2022 Farok J. Contractor, Distinguished Professor, Rutgers Business School, and President, AIB Since the mid-1980s, globalization has contributed to lifting more than one billion people out of grinding poverty and perhaps two billion into a middle-class consumer status. The Academy of International Business (AIB) is the premier worldwide association of more than 3,000 academics … Continue reading Academy of International Business (AIB) Joins World Investment for Development Alliance (WIDA)

Professor Farok J. Contractor Named 34th President of the Academy of International Business (AIB)

© 2021 Rutgers Business School Farok J. Contractor, distinguished professor of management and global business at Rutgers Business School, assumed the role of president of the Academy of International Business (AIB) on August 1, 2021. The AIB is an association of 3,500 members worldwide, mainly academics and a few strategists studying global business, with 13 chapters in … Continue reading Professor Farok J. Contractor Named 34th President of the Academy of International Business (AIB)

Frontline IB Video Conversations: Farok Contractor – April 29, 2021

© 2021, Farok J. Contractor, Distinguished Professor, Rutgers Business School, and Incoming President, AIB  Part of the Academy of International Business (AIB) Video Conversations with Leading Scholars Series VIDEO LINK Talk about 30 minutes The Academy of International Business (AIB), of which I am serving as Incoming President 2021–2022, has been recording a series of … Continue reading Frontline IB Video Conversations: Farok Contractor – April 29, 2021

What Is Socialism? Why I Changed the Subtitle of My Previous Post

© 2020, Farok J. Contractor, Rutgers Business School In commenting about the Indian economy and its relation to International Business in my previous post, I had initially used the term “socialist somnolence” in the subtitle to describe the Indian business environment as it existed decades ago. Some elements of that past linger, as I described, … Continue reading What Is Socialism? Why I Changed the Subtitle of My Previous Post

The Argument for Globalization in a Post-COVID-19 World

NARRATED SLIDE PRESENTATION GIVEN AT THE JULY 2020 ACADEMY OF INTERNATIONAL BUSINESS (AIB) ONLINE MEETING © 2020, Farok J. Contractor, Rutgers Business School What will the world economy look like after COVID-19? Will globalization retreat? Economies decouple? Nationalism and autarchy be the rule? Countries draw inward and become more protectionist? I propose an alternative scenario … Continue reading The Argument for Globalization in a Post-COVID-19 World

Farok Contractor Receives a Silver Medal from JIBS

As part of the 2019 Annual Meeting of the Academy of International Business (AIB), the Journal of International Business Studies (JIBS), the premier journal in the academic field of International Business, celebrated its 50th anniversary. One of the highlights of the JIBS celebration was acknowledging authors with the greatest number of publications. Farok Contractor was pleased … Continue reading Farok Contractor Receives a Silver Medal from JIBS

The US-China Trade Spat: My Interview with Xinhua – June 18, 2018

© 2018, Farok J. Contractor, Rutgers Business School Xinhua, China’s leading official news agency, conducted a 30-minute interview with me on June 18, 2018. The video clips and articles are available at the links below. Links to Xinhua Videos (English) ‒ June 18, 2018: These brief clips show only a fraction of my 30-minute interview … Continue reading The US-China Trade Spat: My Interview with Xinhua – June 18, 2018

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)

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

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?