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

Why a Single Currency Works in the US, but Not Very Well in Europe: Three Minimal Conditions for the Eurozone to Function

© 2015 Prof. Farok J. Contractor, Rutgers University America has been using a single currency since 1793, when the United States Mint in Philadelphia first began issuing US dollar coins. However, it is not the longevity of a currency that determines whether it succeeds, but institutional mechanisms. Such mechanisms are weak or lacking in Europe. … Continue reading Why a Single Currency Works in the US, but Not Very Well in Europe: Three Minimal Conditions for the Eurozone to Function

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