Cross-border investments and cooperative business ventures are driving the global economy on an unprecedented scale. Business professionals and policy makers must be aware of the potential of trading blocs as a competitive weapon given the rising importance of multinational trade. The coming years promise to be the era of the Trade Pact Wars as Canada's recently announced trade talks with Chile, Germany's push for closer trans-Atlantic ties with the United States, and ASEAN efforts to promote intraregional trade all test the fledgling World Trade Organization in its role as the watchdog of global trade. Delener examines the rationale for international trading blocs and free trade with a focus on the implications for strategic planning of firms and national industry sectors. He looks at the development and conditions of the major existing regional trading blocs and discusses issues that will impact those who do business within them. NAFTA, the European Union, South American trading blocs, and efforts in Asia and Africa are all examined in detail. Strategic planning, anti-dumping issues, and global standards are also considered. The book provides professionals, researchers, and students with a firm grasp of the issues of central importance to strategic planning in global corporations and multinational trading blocs. Those who fail to grasp the significance of multinational trading blocs will face tough times while those who plan for it will see their nations and businesses thrive and prosper.
Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.
World Trade Organisation (WTO) trade remedies (antidumping, anti-subsidy and safeguard agreements) are instruments used by WTO members to counter the economic injury caused by dumping, subsidies and the sudden and unforeseen increased imports. They are exceptions to the WTO principle of free trade and to the prohibition for States to react unilaterally to protect their own rights and interests, and as a result they have been accused by some as being the new tools of protectionism. This book analyses of the role and principles of WTO trade remedies in international law. In particular, it focuses on their aims, their structure, and their position within the WTO and more in general, the international legal system. The book considers trade remedies in light of fragmentation theories of international law and addresses the question how, and to what extent WTO law reflects and influences public international law.
Written for high school or beginning undergraduate students, this four-volume reference valiantly attempts to provide a historical framework for the perhaps overly broad concept of world trade. Entry topics were selected on trade organizations, influential people, commodities, events that affected trade, trade routes, navigation, religion, communic
At the end of the twentieth century, international business functioned in an environment dominated by the triad of economic power formed by the USA, Japan and the European Community. Multinational corporate strategies had to be formulated within the context of intense global competition between these three economic blocs. This book, first published in 1990, analyses the interplay between the trade policies adopted by the major powers and the competitive strategies of international corporations. With particular reference to trade relations between Canada and the USA, the effects of Japanese multinational dominance and the implications of European economic integration, this volume throws new light on the interaction between international business and government trade policies.
This book combines a theoretical study of Japan's economic structures and multinational enterprises with a post-modern analysis of the contemporary multinational enterprise. The author considers the appropriateness of the post-modern approach for discussing economic activities, in particular the New Economy, and also Japanese society and culture. Kensy analyses Japan's economic structure, interpreting its methods, strategies and results in a post-modern context and presents a survey of socio-economic development in Japan since the beginning of westernization. He goes on to discuss Japanese models for the transformation of society in the future, with particular reference to the Keiretzu. Finding Japan to be a truly postmodern society, Kensy shows that Japan is prepared to be a leader in the New Economy. Kensy takes an innovative and stimulating approach that will be of interest to those seeking to better understand the development and future of the economic structures of Japan.
"Policy Horizons: Mapping the Global Nexus (Vol-I)" by Arindam Bhattacharya is an authoritative and comprehensive exploration of the intricate dynamics shaping public policy in an increasingly interconnected world. This first volume in a groundbreaking series offers an in-depth analysis of how global forces influence policy formulation, implementation, and evaluation across various domains. Bhattacharya, a distinguished scholar and policy expert, provides readers with a robust framework to understand and navigate the complexities of contemporary governance. The book meticulously examines key areas such as globalization and its impact on policy-making, the balance between security and civil liberties, the challenges of cybersecurity, and the multifaceted nature of counterterrorism. Through a blend of theoretical insights, empirical research, and real-world case studies, Bhattacharya sheds light on the evolving landscape of public policy. His clear and engaging writing style makes complex concepts accessible, ensuring that readers from diverse backgrounds can grasp the nuances of global policy challenges. In "Policy Horizons: Mapping the Global Nexus (Vol-I)," Bhattacharya delves into the importance of democratic governance, exploring how principles like representative democracy, the rule of law, and civic engagement are crucial for ensuring accountable and inclusive governance. He also addresses the persistent challenges posed by institutional weaknesses and fragmentation, highlighting the need for comprehensive reforms to enhance governance effectiveness and resilience. The book underscores the significance of fostering civic engagement and participation, illustrating how civil society organizations play a pivotal role in advocating for social justice, transparency, and accountability. Bhattacharya presents compelling examples, such as Brazil's participatory budgeting program and grassroots movements like Black Lives Matter, to demonstrate the transformative potential of citizen participation in governance. "Policy Horizons: Mapping the Global Nexus (Vol-I)" is not just an academic treatise but a practical guide for policymakers, scholars, and practitioners. It offers actionable insights and recommendations for enhancing policy resilience and responsiveness in the face of global challenges. Bhattacharya's thoughtful analysis and comprehensive approach make this book an indispensable resource for anyone interested in understanding and shaping the future of public policy. As readers immerse themselves in this seminal work, they will gain a deeper appreciation of the interconnectedness of global policy issues and the imperative of collaborative, innovative approaches to governance. This volume sets the stage for the forthcoming "Policy Horizons: Mapping the Global Nexus (Vol-II)," which will continue the exploration with topics such as health policy, education policy, cultural policy, migration policy, energy policy, urbanization, digital governance, and international cooperation. "Policy Horizons: Mapping the Global Nexus (Vol-I)" is a testament to Arindam Bhattacharya's expertise and vision, offering a compelling and timely contribution to the field of public policy. It is a must-read for anyone committed to understanding the forces shaping our world and fostering informed, effective policy solutions.
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.
