Do brands create nations, or do nations create brands? That's a thought provoking question in today’s increasingly global economy. Consumers – regardless of location – determine the fate of every brand. Similarly, the global rise of commerce and transportation in the past few decades has also led to a rise in immigrant workers working on these brands in every part of the world. The article on that discusses the lessons learned from the list of 2008 best global brands points out that the phrase “Made in ____” should really be expanded to “Made in ____, by ____” – e.g., Made in Italy, by Vietnamese!
globalEDGE Blog - Page 307
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A new release by the FTSE Group indicates that is now worthy of having its name placed among the ranks of the world’s elite “developed” markets. The FTSE’s listing of developed markets is closely monitored by investment fund managers, who use the designation as a means of allocating capital to various markets.
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, the world’s second-largest economy, has a shrinking population of working adults and is expected to lose 70% of its workforce by 2050. This forecast is based on Japan having the world’s highest proportion of people over 65 and lowest proportion of children under 15. A recent article in the explains that Japan’s social and corporate cultures are the catalysts of this trend.
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When the fast money round in the popular game show has globalization as one of the questions, “the survey says” …China! But can this help Latin America win the jackpot? That is an interesting question and here’s why…
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Got the entrepreneurial spirit or prefer working for a small business? After comparing 181 economies across the globe, the collective knowledge of 6,700 business experts and government officials suggests that Singapore, New Zealand, and United States have the friendliest business climate for startups and small companies (based on a recent World Bank survey).
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The Beijing Olympics are over and the Olympic flag has been handed over to the new host for the games. Having done it twice before (in 1908 and 1948), it is London’s turn once again to host the 2012 Olympics. However unlike the last two times, London’s mayor has recently appointed an IBAC (International Business Advisory Council) to advise him on issues related to the globalization challenges and policies to help make the British economy more competitive in the world. The Games are clearly of enormous importance to London and London's business. The main role of the council will thus be to advise the Mayor on developing opportunities, initiatives and ideas that make London a more appealing place for companies and their employees to live and work in.
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A recently published report in the Latin Business Chronicle highlights the fact that cross-border trade among Latin American countries has grown significantly in the recent past. Imports, exports and mergers among Latin American countries that were unthinkable a decade ago have begun to play a key role in the business environment in that region. And although several economies in are complementary (i.e., they compete with one another), new alliances and trade agreements within Latin America have recently surfaced.
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The (Michigan State University's Center for International Business Education and Research) team that edits the website is pleased to announce the launch of this blog. In this 'International Business Blog' we hope to discuss several topics related to international business and global trade on a regular basis. These topics may include news and general discussion on global economies, cultures, education, regulations, travel, and so on. In addition, we hope to familiarize you even further with the wealth of resources and data available on the globalEDGE website itself.
To make this blog informative and exciting for everyone, we encourage you to engage with us in the ongoing discussions. Feel free to leave comments to the various blog posts or contact us at any time with your ideas or suggestions. Hope you enjoy reading this blog and we at globalEDGE look forward to learning from you along the way. Once again, welcome!