Premature Schadenfreude Directed at the US Dollar

Photo Credit: ATHIT PERAWONGMETHA/REUTERS © 2023 Farok J. Contractor, Distinguished Professor, Rutgers Business School RECENTLY, THERE HAS BEEN A PROLIFERATION of wishful-thinking posts predicting the imminent decline of the US dollar as a universal currency, further stating that its fate is to be replaced by the Chinese yuan, the Indian rupee, or some other currency. Pundits … Continue reading Premature Schadenfreude Directed at the US Dollar

India and Its Role in International Business: The Sleeping Giant Is Still Waking from Its Overregulated Past

Updated Title August 29, 2020 - See: What Is Socialism? Why I Changed the Subtitle of My Previous Post INTRODUCTION TO THE NARRATED SLIDE PRESENTATION GIVEN AT THE AUGUST 2020 ACADEMY OF MANAGEMENT ONLINE MEETING © 2020, Farok J. Contractor, Rutgers Business School Note: To see the PowerPoint slides and also listen to the voice … Continue reading India and Its Role in International Business: The Sleeping Giant Is Still Waking from Its Overregulated Past

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

© 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)

The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data

© 2018, Farok J. Contractor, Rutgers Business School   Trade Statistics Can Be Less Than Half the China Story Looking at trade statistics alone is misleading because they lack overall context. The $337 billion US deficit with China in 2017 sounds scary. But a review of other economic factors provides insight into the larger picture. 1. … Continue reading The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data

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

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

© 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

Chinese Cyber-Espionage on US Companies: The Asymmetry in the Analogy of the “Pot Calling the Kettle Black”

© 2015 Prof. Farok J. Contractor, Rutgers University American companies state that their secrets are being stolen by Chinese hackers. US counter-intelligence says it has traced several of these attacks back to outfits sponsored by the People’s Liberation Army (PLA),[1] and that designs stolen from American companies’ computers have shown up—sometimes barely disguised—in Chinese companies’ … Continue reading Chinese Cyber-Espionage on US Companies: The Asymmetry in the Analogy of the “Pot Calling the Kettle Black”

The Indian Election: A Rare Historic Opportunity for Coherent Investment Policies in India

© 2014 Prof. Farok J. Contractor, Rutgers University For the past 30 years, India has been governed by a series of raucous coalition governments. At least some of the caution, vacillation, and even backtracking on investment and taxation policies that have dismayed foreign companies contemplating foreign direct investment (FDI) in India can be attributed to this. … Continue reading The Indian Election: A Rare Historic Opportunity for Coherent Investment Policies in India