Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1: The Limits of Current Global Capitalism: AnIntroduction -- Chapter 2: The Need for a More Sustainable System -- Chapter 3: Capitalism 2.0: A More Sustainable System -- Chapter 4: Fostering a Sustainable Development -- Chapter 5: Sustainable Capitalism in a Free-Market Economy: The U.S. Approach -- Chapter 6: Sustainable Capitalism and State Capitalism: China's Path -- Chapter 7: The Role of Business Schools: Criticism and Legitimacy -- Chapter 8: Sustainable Capitalism in the Business School Curricula -- References -- About the Authors -- Index -- Adpage -- Backcover.
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In a world that's facing economic recession, more and more professionals, teams, organizations, and inter-organizational networks are facing the need to restructure and renew themselves with the primary purpose of profitably trading their knowledge to add even higher value to their bottom line. Knowledge management has become a key strategic asset for the 21st century economy, and for every organization that values knowledge, it must invest in developing the best strategy for identifying, developing, and applying the knowledge assets it needs to succeed; it must strive to become a learning organization. To remain competitive every organization must invest in creating and implementing the best knowledge networks, processes, methods, tools, and technologies. This will enable them to learn, create new knowledge, and apply the best knowledge much faster. The aim of this book is to provide readers with key information necessary to become more successful with knowledge creating, transfer, and management, ultimately turning themselves and their organizations into a learning organization.
Leveraging cultural diversity is an important element for competing in the global market. Understanding the overall macroeconomic landscape of emerging and frontier markets is also very important in enabling corporation and international business professionals to fully realize the potential for strategic globalization, which empowers them to compete globally. Most transnational and multinational corporations have made substantial progress in their globalization efforts by establishing operations in several countries and offshoring certain processes or functions to countries with capabilities and growth potential. However, while these recent globalization efforts have their roots in cost arbitrage, today, successful companies must understand that globalization can be a means for shoring up competitive advantage not only to lower labor costs but more importantly to diversify intellectual capabilities and growth, and improve quality enhancement opportunities, in addition to enhancing the ability to get products to market more quickly. This book looks at how one can move forward from the current situation. Most people still see cultural differences as a barrier to success. This book demonstrates how one can, instead, leverage from the cultural diversity and create better, more competitive companies, better leaders, and hopefully a safer and more sustainable world.
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Leveraging cultural diversity is an important element for competing in the global market. Understanding the overall macroeconomic landscape of emerging and frontier markets is also very important in enabling corporation and international business professionals to fully realize the potential for strategic globalization, which empowers them to compete globally. Most transnational and multinational corporations have made substantial progress in their globalization efforts by establishing operations in several countries and offshoring certain processes or functions to countries with capabilities and growth potential. However, while these recent globalization efforts have their roots in cost arbitrage, today, successful companies must understand that globalization can be a means for shoring up competitive advantage not only to lower labor costs but more importantly to diversify intellectual capabilities and growth, and improve quality enhancement opportunities, in addition to enhancing the ability to get products to market more quickly. This book looks at how one can move forward from the current situation. Most people still see cultural differences as a barrier to success. This book demonstrates how one can, instead, leverage from the cultural diversity and create better, more competitive companies, better leaders, and hopefully a safer and more sustainable world.
Goncalves and Alves' work is a very interesting and promising book for the development themes of emerging markets. The style and quality of the material is worthy of respect, providing a clear analysis of the internation-al markets and global development of various economic and commercial relations and trading routes. -Yurii Pozniak, International Management Consultant at Ukroboronservis, Kiev, Ukraine. Emerging and Frontier Markets: The New Frontline for Global Trade brings together a collection of insights and a new outlook of the dynamics happening between the emerging and the advanced ma
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This book is a part of a series, which recognizes that there is intense competition among emerging markets and against advanced economies to capture their share of the global economy. The series addresses questions that are germane to accomplishing this goal. Most important to this end is the study and practice of international business and foreign trade. Undertaking such a study raises many questions, which the series will attempt to answer. What competitive advantages do these emerging economies enjoy in comparison to advanced economies, such as the G7, and what are the origins of those advantages? Why are emerging markets becoming the powerhouse of world economy growth and the firms doing business there internationalizing so aggressively? And, why in the past decade has the pace of internationalization accelerated so rapidly and what are the challenges and possible solutions? This volume is devoted to a comparison of advanced economies and emerging ones, the advantages and disadvantages of each, and what globalization means in each type of environment.
The year 2016 marks the 25th anniversary of the official inauguration of the Commonwealth of Independent States (CIS), a free association of sovereign states comprised of Russia and 11 other republics that were formerly part of the Soviet Union (The CIS--Belarus, Moldova, and Ukraine; the South Caucasus--Azerbaijan, Armenia, Georgia plus disconnected Abkhazia and South Ossetia; and Central Asia--Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Although this loose association of states may not exist as a fixed-entity on the globe, it is believed that this bloc of countries will continue to build upon the various separate regions in the former Soviet space in the coming decade. Despite major differences country-to-country, groups within each state share many common economic, political, and cultural characteristics, which many hope will fade with the passing of those generations that remember the common state. In this context, the Russian Federation holds a unique position in the Euro-Pacific area. Separate, distinct, but still bordering these regions and related to all of them to differing degrees, in the 2010s Russia will step up efforts to become an independent center of gravity in Northern Eurasia. Leaning on its CIS allies and partners, Moscow is willing to fortify its stance vis-à-vis its geopolitical competitors--the European Union in the west, and China in the east. Nevertheless, the combination of factors that determined the plunge in the economy of the CIS since the second quarter of 2015 persists today. These factors included the sharp fall in commodities prices, restrictions on access to international capital markets due to sanctions against Russia and a deceleration in China, which is the region's main trading partner. Although economic conditions in most of the CIS economies are challenging, differences in growth dynamics persist. Oil and gas exporting countries, namely Azerbaijan, Kazakhstan, Russia, and Turkmenistan, are seeing economic conditions deteriorating rapidly because of the sharp fall in energy prices. Meanwhile, most of the labor-exporting countries (Armenia, Kyrgyzstan, Moldova, and Tajikistan) are seeing the deterioration in growth rates, mainly due to strong production in the agricultural sector and, in some cases, increased activity in the extractive sector. This book provides a regional analysis, as well as country scan, of the CIS regional block economies. We will examine their history since the breakup of the formal Soviet Union and the formation of the CIS bloc, including creation of regional agreements such as the CIS Free Trade Area and the Eurasian Economic Union, a single economic market which now represents more than 180 million people. As a whole, our text attempts to better understand current, and future, prospects for economic growth in the region, as well as their individual national challenges.
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Nearly seven decades ago, six countries in Western Europe (Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands) decided to take economic cooperation to the next level. The vision of the European Union (EU) founding states, epitomized by the Schuman Declaration in 1950, was to tie their economies--including the reemerging West German economy-- so closely together that war would become impossible. Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity--Robert Schuman. In 1973, Denmark, Ireland, and the United Kingdom joined what was then referred to as the "European Community." The 1970s were also a decade of deep social and political transformations in Greece, Portugal, and Spain, where military regimes and dictatorships were overthrown. Inspired by the prosperity and stability of the European Community, these countries joined the European project within 10 years, strengthening their emerging democracies. The countries benefited enormously from free trade and common economic policies, in particular structural funds designed to foster convergence by funding infrastructure and investments in poorer regions. This book examines how these larger trends were experienced in individual member states throughout the Eastern European states. This book also scans the regional block of Central and Eastern Europe (CEE), South East Europe (SEE), and the Commonwealth of Independent States (CIS), and the macroeconomic dynamics of these states and the EU.
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