Handbook of Research on Impacts of International Business and Political Affairs on the Global Economy

2016 ◽  
Keyword(s):  
International Business ◽  
Global Economy

INTERNATIONAL BUSINESS IN THE CONDITION OF THE CORONA-CRISIS

2017 ◽  
Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  
Keyword(s):  
International Business ◽  
Global Economy ◽  
German Economy ◽  
Italian Economy ◽  
The World

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.

ASSESSMENT OF CONSTRAINING FACTORS OF INTERNATIONAL BUSINESS DEVELOPMENT IN THE EAST ASIAN REGION AND WAYS TO OVERCOME THEM

2021 ◽  
Vol 2 (6) ◽  
pp. 134-138
Author(s):  
K. D. GVASALIYA ◽  
Keyword(s):  
International Business ◽  
Global Economy ◽  
East Asian ◽  
Business Development ◽  
Economic Factors ◽  
Developing Regions ◽  
East Asian Region ◽  
Asian Region ◽  
New Development ◽  
Holding Back

The East Asian Region is one of the most dynamically developing regions in the global economy and international business. Any East Asian company strives to become international and gain new development opportunities, maximize profits. Asian entrepreneurs are increasingly competing with European and American companies every year. Despite these outstanding results, there are a number of social and economic factors holding back business development in East Asia. This article assesses the main problems of international business development in the countries of the East Asian region, developed an algorithm for successful func-tioning within the framework of international business for East Asian entrepreneurs.

International Business, Entrepreneurship and the Global Economy

2010 ◽  
pp. 431-456
Author(s):  
Siri A. Terjesen ◽  
Zoltan J. Acs ◽  
David B. Audretsch
Keyword(s):  
International Business ◽  
Global Economy

Is there a commendable regime for combatting money laundering in international business transactions?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrew Emerson Clarke
Keyword(s):  
International Business ◽  
Money Laundering ◽  
Global Economy ◽  
Task Force ◽  
Academic Research ◽  
State Level ◽  
Content Type ◽  
The Usa ◽  
Enforcement Mechanisms ◽  
The Uk

Purpose Money laundering and grand business corruption continue to plague the global economy, accounting for 2%-5% of the global gross domestic product. Illicit funds, produced through grand corruption, are laundered using complex layering schemes that cloak them in legitimacy by concealing their origins. Lamentably, weak anti-money laundering (AML) frameworks promote economic instability, unjust commercial advantages and organized crimes. This study aims to highlight the need for comprehensive anti-corruption and AML frameworks by critiquing the exploitable gaps in the global AML regime created by heterogeneous state-level AML regimes to date. Design/methodology/approach This study welcomes the United Nations Convention against Corruption (UNCAC) and the financial action task force (FATF) recommendations but underscores the limitations of their effectiveness by investigating state-level enforcement mechanisms to determine these instruments’ true impact or lack thereof. The mutual evaluation reports (MERs) and state-level AML regimes in the UK, the USA and Canada are analyzed to illustrate the distinct implementation of international soft law in domestic legislation. Findings This study finds that UNCAC and the FATF recommendations are pivotal steps towards the establishment of a global AML regime for international business, albeit, one that remains imperfect because of the inconsistency of state-level AML frameworks. Consequently, international cooperation is needed to navigate and improve the discrepancies in varied AML legislation. Originality/value The author provides an in-depth and balanced analysis of current state-level AML developments and relies upon the recent 2016-2018 MERs to indicate the successes and flaws of various AML legislation. Therefore, this critique may guide stakeholders to construct robust AML frameworks and contributes to academic research in AML.

scholarly journals Maximizing Human Capital by Developing Multicultural Competence

1998 ◽  
Vol 18 (2) ◽  
pp. 21-27 ◽  
Author(s):  
Leigh S. Shaffer
Keyword(s):  
Human Capital ◽  
International Business ◽  
Social Relations ◽  
Multicultural Competence ◽  
Global Economy ◽  
Formal Education ◽  
Academic Advisors ◽  
Course Content ◽  
Special Knowledge ◽  
Culture Broker

Multicultural competence, defined as an understanding of international business and social relations plus the attitudes, skills, and special knowledge necessary to apply it, is identified as an emerging component of human capital in the global economy. This article documents the growing demand for multicultural competence, describes the course content and advisor activities that have been recommended to develop this capacity, and comments on the limits and inherent dangers of providing multicultural exposure to everyone. The article also identifies new roles, such as that of a “culture broker,” which characterize the global economy. Academic advisors are urged to help students maximize their human capital by adding multicultural competence skills as part of their formal education.

scholarly journals International Business Education At Best B-Schools

2008 ◽  
Vol 5 (1) ◽  
Author(s):  
Susan Eisner ◽  
Mary Ellen O’Grady Harvey
Keyword(s):  
International Business ◽  
Undergraduate Students ◽  
Business Education ◽  
Global Economy ◽  
Gap Analysis ◽  
Business Schools ◽  
Management Practice ◽  
Business Programs ◽  
Challenges And Opportunities ◽  
International Business Education

This paper investigates the preparation undergraduate students readying for participation in the global economy and interested in international business careers can receive at U.S. business schools. Existing literature point to the importance of internationalizing business education, but have been relatively silent in recent years regarding its status.  Accordingly, this study seeks to contribute to business education and management practice by examining the attributes of international business programs currently offered by “best” business schools. Gap analysis and benchmarking tools are identified and summarized within the context of existing literature. Analysis and recommendation are provided to assist educators developing programs that successfully train graduates for the challenges and opportunities of today’s international workplace.

scholarly journals Competing In The Global Environment: What Does Business Want From Economics

2011 ◽  
Vol 1 (4) ◽  
Author(s):  
Michael E. Burns
Keyword(s):  
International Business ◽  
Global Economy ◽  
Global Environment ◽  
Business Economics ◽  
Business Decision ◽  
The Real ◽  
Economics Profession ◽  
Potential Demand ◽  
World Environment

Despite globalization and the associated increased need for understanding of the real and financial processes at work in the global economy, since the 1950s there has been an ongoing significant and worldwide fall in the number and quality of undergraduates studying for an economics degree. Surprisingly, responses by the economics profession have included very little serious consideration of the factors underlying the actual and potential demand by business for their product. This paper explores and identifies the fundamental characteristics of the real world environment in which business activity takes place and which shape the kinds of decisions that are important to business. It is seen that the content and presentation of current economics curricula bear little relation to this environment even though economic analysis and insight have significant potential to make international business decision-making more profitable. Directions for the development of business economics curricula are suggested.

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