Book Description

Because of the remarkable number of currency and emerging market meltdowns during the 1990s— from the Mexican peso crisis to the collapse of the Asian markets to the Russian devaluation of the ruble— the free market system faces the prospect of tighter global regulation. David DeRosa makes a compelling case that less, not more regulation is vitally needed; that public policies often have been dead wrong in concept and application; that so-called controls generate indirect and unintended harmful consequences; and that aggressive intervention is no panacea.

When confronted with a financial crisis, many leaders prefer to indict the international financial system rather than admit to policy blunders that may be of their own making. This book analyses the economic conditions that produced a number of recent financial crises. It also investigates the responses made to each crisis, to uncover whether government policies directed at these episodes of turmoil made matters better or worse.

This is a rousing case for putting far greater trust in the markets. It exposes the risks, market distortions, and huge hidden costs that can result from government bailouts and proposed reforms. David DeRosa makes an important contribution to a debate whose outcome will determine the stability and prosperity achievable in an interconnected age.

Key features:
• Questions whether financial crises are a natural product of market-driven economies or a symptom of bad government policies
• Argues that less regulation will keep international financial markets sound
• Exposes how government interference has had a negative impact on the workings of the market system
• Reveals how public policies have often been built on incorrect assumptions ... Read more

Reviews (7)

Free Capital Markets
Dr DeRosa's book was entertaining, easy to read and packed with anecdotes and information. As an investment pro, his book gave me a greater insight into the often arcane political manipulations that eventually sow the seeds for economic instability. He pulls no punches when he states that central banks and governments themselves set themselves up to be the eventual "victims" of their own bad policies and instead of doing something different, they blame the speculator.
I like his information "boxes" that help the reader with the technical details of the book. Although I have long been a fan of single currency idea's, DeRosa's book has given me reason to pause. Well referenced and well researched.
The reviews by Dr Hanke and Dr Friedman can't hurt either.

Accolades from Milton Friedman
"In Defense of Free Capital Markets is an impressive survey and analysis of the crises of the 1990s. Mr. DeRosa makes a strong case that official intervention has made matters worse, not better, and that in such instances it is far better to leave it to the invisible hand of the market than to the clumsy, visible hand of regulators."

--Milton Friedman Senior Research Fellow, Hoover Institution Nobel Economics Prize, 1976

Common Sense for Currency Buffs
Professor DeRosa offers up a generous helping of reality in evaluating the currency crises of the past dozen or so years. From the first world foibles of the Bank of Japan to the third world of currency pegs, the currency calamities of the late twentieth century are thoughtfully presented in a lean read.

While perhaps giving short shrift to the political constraints facing policy makers in times of crisis, Mr. DeRosa nevertheless does well describing the environments and pre-conditions which ultimately fostered our most recent international financial catastrophes.

In this, the age of fiat money, unsustainable currency policies are easy prey for the worlds biggest market. Anyone interested in a brief but informative history of recent currency debacles will truly enjoy this book.

Highly Recommended!
Yale University adjunct professor David F. DeRosa argues that markets are smarter than government ministries. Therefore, he contends, economic development should be left to the free market, since tighter regulations will only distort development. His detailed analysis of economic conditions focuses on factors leading to several crises, including the decline of the Mexican and Japanese economies in the 1990s and the Southeast Asian collapse of 1997. The subject is complicated and interesting, and the writing is often technical and sometimes complex. We at getAbstract call this book to the attention of scholars, executives and managers who have a serious interest in fiscal policy. And we do mean serious.

Free Capital Markets -- The Road to Prosperity
This work is illuminating and speaks to issues beyond the world of finance, like politics and ideaology. DeRosa lays out clear and consice arguments in defense of free floating exchange rates and against fixed exchange-rate regimes.

The author debunks the propaganda supporting fixed exchange-rate regimes with insightful analyses based on the facts of the various currency crises that occured during the 1990s. Particularly interesting is the fact that leaders around the world are either ignorant of or chose to ignore the last ten (let alone the last 100) years worth of economic history and persist in attempting to control and plan economies. This book should be required reading not only for finance professionals and central bankers, but anyone interested in how the decisions of people in appointed positions (like the head of a central bank or finance ministry)have far-reaching and often dire consequences. ... Read more

Book Description

An important element in Japanese baseball is wa--group harmony--embodied in the proverb "The nail that sticks up shall be hammered down". But what if the nail is a visiting American player? Here's a look at Japanese baseball, as seen by baffled Americans ... Read more

Reviews (16)

Great Look Into Japanese Culture
Having spent a number of years living and working in Japan and being a big Japanese baseball fan, I found this book both entertaining and educational. Whiting has taken baseball, something both cultures understand, and shown how different both the USA and Japan treat their national past time. I highly recommend the book to anyone not just interested in baseball, but also Japan-US relations. This book was released before the recent influx of Japanese pitchers into the major leagues (Irabu, Nomo, Hasegawa, Yoshii). With their successes in the big leagues it shows that Japanese players can compete with any in the world.

Interesting Book About American Ballplayers in Japan
In describing the Japanese game of baseball and the problems it has caused Americans attempting to play that game, Whiting succeeds in painting a vivid picture of the differences between the American and Japanese cultures. After reading this book, I came away feeling that both countries could learn from each other: by learning about how the Japanese live their lives, Americans could become more dedicated to their jobs and less self-centered; meanwhile, the American way of life could teach the Japanese to be more independent and less willing to always sacrifice their own well-being and that of their families for the good of their teams (or companies). A happy median between the two extremes of the cultures would result in better environments for everyone. In reaching these conclusions about the two countries, I realized that this book was much more than just another volume on baseball. If you're looking for a pure baseball book, you may want to try something else; however, Whiting's effort is a memorable one and I would advise that you don't pass it up. The stories of Americans trying to play baseball and acclimate themselves to the new, strange environment of Japan are both humorous and unsettling at the same time. Because these players are foreigners -- and especially because they are American foreigners -- they receive a special stigma and must deal with much more pressure than a normal Japanese player. The Americans are usually paid a lot of money to play in the land of the rising sun, which only adds to the widespread belief in Japan that these players are primma donnas who care more about the money than they do about winning. Some of the Japanese training methods will strike American readers as bizarre, if not completely ridiculous. Subjecting players to the thousand-fungo drill and making tired starting pitchers throw 200 pitches on their off-days are just a couple of the off-the-wall ideas championed by Japanese baseball's greatest thinkers. These methods may seem more harmful than beneficial, but one has to respect the work ethic and the dedication of the Japanese players. Even if you are not a baseball fan, you will probably find this book interesting. One of my only beefs with it is that there is no index. That may seem nit-picky and it obviously has nothing to do with the actual content of the book, but once I'd finished the book, I wanted to go back and read about certain incidences that occured with specific players. It would have been nice if I had been able to refer to an index to find the stories about these players instead of having to skim several pages trying to locate those stories. Oh well, it's still a great read.

Ya gotta luv it!
This is a great book on one of the most beautifully esoteric topics out there. This is a subject that can be appreciated more now than ever. Japanese baseball rocks! Let's all just admit that. This history is academic and detailed, yet fun and nostalgic at the same time. In addition, it was written in an era that was void of any present day marketability or "hip", as oppossed to the era of Ichiro and Matsui Hideki, in which commmentaries will certainly contain those oppining in a way void of knowledge or appreciation of that which went before. Thank God that the pure and noble notion of this wonderful sport will always trancend the fraiailties of predjudice.

Go The Tigers!

Not quite
Whiting's first book on J-ball is tremendous but thsi one he relies to much on stereotyping stuff and pulling theories out of nowhere to fit his slant. It's certainly worth buying Wa just don't buy into all the opinions. The one saying that the PL and CL MVP awards were both given to foreigners in the same season due to some weird theory that it had to do trying to reduce with trade friction between the U.S. and Japan at the time is laughable. Like anyone back in the U.S. in those days noticed J-ball nor even correlated baseball with trade issues.

The book though is spot on on capturing the spirit of '80s J-ball and the characters really come to life and especially for anyone who lived here during that era, it's a great read.

Just take things with a grain of salt on his trying to tie other non-baseball issues in with the baseball bits.

Hiliarious! Very entertaining!
This book is fun to read even if you are not into baseball, but if you are, then its awesome! Its mainly made up of many different stories and experience from American baseball players who played over in Japan. The stories are about the clash in cultures whether on or off the field and most of them are really funny and you could just picture it happening. I feel that the book is more about the cultural differences between east and west and they are just using baseball as a vehicle to illustrate them. There is a movie starring Tom Selleck called Mr. Baseball that I think is a take off from this book. It is also very fun to watch. ... Read more

Book Description

MEXICO TAX, LAW AND BUSINESS BRIEFING: 2005 provides guidance on tax and legal issues investors should consider when evaluating a possible company acquisition, starting a business or entering into a joint venture or strategic alliance in Mexico. This report highlights recent economic, legal, and tax developments in Mexico’s changing business environment, with content provided by experts at major accounting and law firms in the region.

The 2005 edition of MEXICO TAX, LAW AND BUSINESS BRIEFING features expert analyses on Mexico’s structural reform, public institutions, and economic development. This one-volume report offers extensive coverage of Mexico’s banking/finance, energy, labor, and maquiladora sectors, as well as in-depth analyses of topics such as corporate structuring, foreign investment, free trade, and taxation. ... Read more

Book Description

"What a great economic tour of Africa! Provides a top-down understanding of Africa's financial opportunities and a bottoms-up view for investing." - William T. Comfort, Chairman, Citibank Venture Capital, Ltd.

"Long overdue! Finally, we have a comprehensive and insightful view of the stock of the stock market investment opportunities in Africa. Yes, 'Tarzan does not live here anymore!'and this book explores the ultimate emerging market with the potential for outstanding investment returns. The book is well organized and gives readers a complete picture of not only all the stock markets in Africa, but also the economic and political background of this exciting area. Case studies and investment examples provide the reader with a realistic view of investing in Africa." - Mark Mobius, President, Templeton Emerging Markets Fund

Vastly promising financial opportunities await savvy investors in twenty-first-century Africa. After decades of successful returns for U.S. multinationals from Coca-Cola to Citigroup to Microsoft to McDonald's. Africa has evolved as the birthplace of more new stock markets than any other part of the world. This authoritative guide provides institutional and sophisticated individual investors with a complete, insider's view of the markets, and:

* Debunks common misconceptions about Africa and explains why it is the ultimate emerging market

* Explains the driving force behind the African economy

* Pinpoints available investment vehicles and resources

* Weighs the potential risks and rewards for U.S. investors

Written by two experts in the field, Investing in Africa contains information on everything from the least known investment opportunities to the world's most recent top performing stock markets--all found within this rapidly evolving, richly promising continent. ... Read more

Book Description

Extensively revised to reflect the new directions in development thought and policy, this new edition of a classic text examines what has been learned theoretically and empirically about agricultural and rural economic development since the 1950s.

With 24 of the 35 chapters completely new, the book takes into account recent developments in international agricultural development, especially as these affected the role of the state, markets, and other institutions in development. The authors address three basic questions about agricultural development in low- and middle-income countries: What are the strategic roles of agriculture in national development strategies? How can the agrarian transformation be accelerated? How can rural economic development be promoted to generate jobs and reduce poverty in rural areas? In addressing these questions, the authors deal with topics such as market failures, food insecurity, rural poverty, environmental degradation, income and asset inequality, fiscally sustainable organizations, the changing roles of the public and private sector in research, and input and output marketing systems. Four case studies (China, Indonesia, Colombia, and Sub-Saharan Africa) examine how different countries struggle with these issues as they restructure their basic economic institutions.

Praise for previous editions:

"A welcome addition to the literature on agricultural development... with a wide coverage of its major considerations." --Canadian Journal of Development Studies

"Presents the views of leading scholars on major theoretical and policy issues concerning agriculture's role in the Third World economies." --Abstracts of Development Studies

Book Description

Argues that foreign direct investment, a key driver of the economies of Southeast Asia, suffered during the Asian financial crisis, and has not fully recovered. ... Read more

Book Description

The Handbook of International Banking provides a clearly accessible source of reference material, covering the main developments that reveal how the internationalization and globalization of banking have developed over recent decades to the present, and to analyze the creation of a new global financial architecture.

The Handbook is the first of its kind in the area of international banking with contributions from leading specialists in their respective fields, often with remarkable experience in academia or professional practice. The material is provided mainly in the form of self-contained surveys, which trace the main developments in a well-defined topic, together with specific references to journal articles and working papers. Some contributions, however, aim to disseminate new empirical findings especially where competing paradigms are evaluated.

The Handbook is divided into four areas of interest. The first deals with the globalization of banking and continues on to banking structures and functions. The authors then focus on banking risks, crises and regulation and finally the evolving international financial architecture.

Designed to serve as a source of supplementary reading and inspiration, the Handbook is suited to a range of courses in banking and finance including post-experience and in-house programs for bankers and other financial services practitioners. This outstanding volume will become essential reference for policymakers, financial practitioners as well as academics and researchers in the field. ... Read more

Reviews (5)

To Free Global Capitalism or Too Free?
The main benefit of this book is to provide an overview of international economic forms of cooperation in the 20th century. That overview is, however, flawed by simplifications that often distort rather than illuminate that historical view. The argument about what must be done next is incomplete and unsatisfying. This book is written for the reader who has some college-level training in economics, and is interested in the interaction between national politics and international economics.

The basic argument is that free markets create excesses which can only be eliminated by international intervention. Such interventions were frequent and reasonably effective during the period just prior to World War I and in the free world after World War II. Professor Gilpin argues that parochial American leadership since the end of the cold war has undermined the international political system for stabilizing the international economy. He calls for stronger American leadership in forging a better coalition with the European Union countries and Japan.

The central thesis of the book is sound in one area: Unrestrained capital flows can create distortions in a world in which everything else (businesses, people, and trade flows) are not nearly so unrestrained. The problem here is that these rapid capital flows out of a country primarily occur because of years of earlier abuses (as I describe in The Irresitible Growth Enterprise) such as speculative spending on infrastructure and investments that are not needed (as happened in several Southeast Asian countries prior to their currency crises in 1998).

Virtually every problem that Professor Gilpin warns against and wants to solve with international authority is really created by poor national economic policies. We would probably create sounder world economic growth if we focused on encouraging all nations to pursue sound lending, appropriate national borrowing, and constructive trade policies (our attention is usually focused on the last). Where governments are weak or corrupt, abuses will always develop and linger. My counterargument would be that strong democracies will almost always pursue reasonably sound economic policies. Solve that problem of governmental form and effectiveness of political process at the national level, and the world economy will be sound. If this counterargument is right, then we may need a second generation of informational efforts in favor of effective democracy, in the same way that one was needed during the cold war through Radio Free Europe and Voice of America.

At another level, much of what is described here as weaknesses and problems can be attributed to weak currencies. Again, informational efforts and research could help countries with weak currencies appreciate how to strenthen those currencies. Certainly, pegging to stronger currencies is proving to be effective in many cases. Pegging to a basket of stronger currencies might work even better. There could even be a role for pegging to sound economic policies to change expectations, as some South American countries have done.

Many of the worldwide risks today relate to the U.S. trade imbalance. In the same way that greater public awareness and an economic boom led to eliminating the U.S. budget deficits, the trade imbalance can be solved. Again, this is a national issue, not an international one. The weak savings rate in the U.S. can also be solved by changing the tax laws, again at a national level.

Basically, the argument I am making is that the markets are having problems because national politics are impinging too much on free markets. In that regard, the free market of ideas that is democracy can then adjust the national politics to achieve more healthy, free market results. The U.S. should lead the way by improving the savings rate and reducing the trade deficit. That would take many of the strains off of the world economy, and create the basis for another ten years of economic boom in the United States. Can our U.S. politicians get together and work on this after the November election? I certainly hope so.

Another area where Professor Gilpin is misfocused is in his concern about the growth of trading blocs like the EU and NAFTA. Actually, these blocs are creating freer markets within them and are an unavoidable precursor to creating the same level of freedom internationally with all countries. If there were three trading blocs in the world, they would simply merge into one at some point. That would be progress.

Complexity science tells us that having many countries pursuing their own ideas of economic prosperity will work better than having an internationally coordinated system. And the more intelligent, responsive, and focused those countries are, the better the whole system will work.

After you have finished reading this book, can you think of other places where we rely on precedent too much in our thinking rather than potential? If you find any of this happening in your own thinking, how can you learn to seek out better solutions rather than simply aping past solutions?

Good start for a basic understanding
This is a higly readable and extensive survey of the major IPE issues facing Americans and the rest of the world today. It successfully analyzes and challenges the economists' arguments about the primacy of economics, or even economic theory, over politics or political science. This is an excellent book for someone just beginning to educate themselves about the nature and state of the international economy. It's significantly broad, but also does an excellent job of explaining complex phenomena. However, I have a few caveats. First, it moves too quickly and soflty over the larger issues, specifically, whether globalization has been helpful or harmful to the world polity. I agree with a previous review that it overestimates the threat of EU protectionism. In fact, he overestimates the threat of protectionism entirely. The greatest threat to, or promise against, globalization is the rise of social protest movements across the globe, being channeled in new ways not seen before. Therefore, I would urge most people to read this book, but then pick up either a contrarian book, like Grieder's One World: Ready or Not, or Globalization by Sasskia Sassen. Avoid Friedman's The Lexus and the Olive Tree at all costs.

reasonable overview for graduate students
Prof. Gilpin has an excellent reputation in the field of IPE, International Political Economy, and I bought this book on that recommendation.

It gives a good overview of major developments in the globalization and globalization debate in the 90s, with political economy analysis and lots of references to economic analysis. I would recommend it for graduate students, but I must say i was a bit disappointed, not much new or inspirational there. I could read the book very quickly without ever really having to stop and think. Here i think it is only fair to reveal my own background, which is in international economic relations and history of EU integration. Some of his points on the nature and development of the European Union and the economics are frankly quite contestable, especially on the openness or closedness of the EU. The debate on 'Fortress Europe' is really out of date by now ever since it became clear that the Single European Act of 1987 and the '1992' project were not about closing the EU economy, quite the contrary. Do I detect an US bias here?

Yes, as prof. Gilpin points out, economists indeed disagree on many key issues. But you will find that strife also within IPE and political science and in any other social science discipline. So? It reflects the complexity of the issues rather than weakness of the discipline, i'd argue (but then, I would would I, as an economist...) A number of problems in globalization and the international financial system are presented as (relatively) new, but I'd argue that more often than not these problems were always there in history. Also, the point that regionalization threatens globalization is too strong as put there, and not necessarily correct and so clear-cut at all: many regional economic agreements were made in the course of the Uruguay Round trade negotiations at GATT/WTO out of frustration with the slow pace of negotiations and as a 'back-up' plan in case of UR failure. Hardly a threat to globalization which, in any case, throughout history never really progressed smoothly at all.

All that said, the book does do a solid job of pointing out some of the main issues and discussions and it will do well as a topical reference book.

Global Capitalism = American Corporate Imperialism
America began opening it's markets to the world in the 1970's. Since then, as the economy has grown steadily, most Americans have seen stagnant wages and the country has seen an increase in all types of inequality. The idea that the problems can be fixed presupposes a will to fix them. There is none. A palliative to this claptrap would be Chambers Johnson's book Blowback.

Don't fear Globalization, just fix it.
In The Challenge of Global Capitalism Robert Gilpin asserts: "The Achilles heel of the post-Cold War world order is the poor public understanding of economic liberalism, of the functioning of the market system, and of how capitalism creates wealth." That heel was showing in Seattle during the WTO meetings last November and again April 16-17 in Washington when in-your-face, "Globalize-This!" protestors tried to block IMF and World Bank meetings. The protestors would serve themselves and their causes well by reading Gilpin's book, which explains how the global economy has developed over the last half-century to reach the current stage of globalization, defined by Gilpin as "the increasing linkage of national economies through trade, financial flows, and foreign direct investment by multinational firms." Globalization holds great potential for good and presents serious challenges. The principal challenge, according to Gilpin, is to find ways to fortify the international financial system against future threats to global economic stability like those caused by the East Asian economic crisis and resulting global economic turmoil of the late 1990s. Although economists and Western governments are not in agreement on all the specific measures to adopt to prevent international financial crises in the age of globalization, most do expect the IMF to play a necessary, constructive role in behalf of international financial stability.

Gilpin educates about globalization, but not as an apologist. Rather, he is quick to point out globalization's faults and to call for corrective measures. Gilpin insists "the fears arising from globalization must be addressed and must not be rejected out of hand." In the United States this means "solutions must be devised for the problems of growing income inequality, the plight of low-skilled workers, and job insecurity. Reforms should include strengthened safety nets, greatly expanded job training, and a new social contract between capital and labor." ... Read more

Book Description

This book presents an evenhanded, unbiased, intuitive coverage of all the standard topics as well as the latest theoretical and policy issues in international economics. This book presents principles and theories thoroughly, but at an intuitive level in the chapters and more rigorously in the appendices. This book maintains a tight connection with the real world including 108 real-world case studies. ... Read more

Reviews (3)

good for undergrad...
This provides different kinds of examples as well as theories. It no doubt helps students learn about the real world. Particularly,the chapter on tariff policy is good enough to have a good grasp of the field.

Best Book in the field
The book really brings an in depth analysis of the modern financial world, through a very simple and easy to access method of presentation. Good for students, interesting for any other reader...

A good book to study
I've found this book easy to follow, even if I'm not very good at Economics. Simple, with many examples and graphs. Case studies and good bibliography at the end of each chapter. ... Read more

Book Description

Two Top McKinsey & Company Consultants Take a Look at the Future of Our Markets "The world is changing so significantly that competing in the near future will be very different from the way it has been in the recent past. Extraordinary changes are occurring in the financial markets and in the underlying reed economy and this new emerging economic structure inevitably will change how companies compete in a very fundamental way. …I know of no book that so clearly lays the intellectual foundation necessary to understand what has happened, what is happening, and what will happen." —from the Foreword by Ted W. Hall McKinsey Global Institute Our world is on the brink of the most dramatic economic change since the Industrial Revolution. Market Unbound is a sweeping account of the emerging global marketplace. In this new world order, discrete national economies will become a historical notion. As developed and developing countries integrate into a single, powerful economy, governments, businesses, and investors face the dual possibilities of extraordinary gains and terrifying losses. Providing a unique combination of economic and managerial perspectives, authors Lowell Bryan and Diana Farrell of McKinsey & Company, Inc., deliver cutting edge insights into the workings of the global economy. No business that is serious about remaining competitive into the twenty-first century can afford to ignore the compelling evidence that challenges our current conception of economic reality. A road map for a radically changed economic environment, Market Unbound is required reading for anyone who hopes to prosper in the coming century. ... Read more

Reviews (1)

Markets Unbound- Too optimistic
This book makes some interesting points and is well written. I feel that the authors are too optimistic about the affects of globalization on the world economy. Issues like disparity in income and ravaging affects on the middle class are not given the attention they should. I would also have liked to see more opinions on what world governments could do to alleviate the sweeping changes the world markets are making. Still, the book is worth reading for anyone interested in the affects of globalization. ... Read more

Book Description

Latin American countries have now privatized a large number of their utility industries and make more use of market approaches to delivery through networks. Privatization has major consequences for efficiency, long-term growth, consumer welfare and income distribution but insufficient attention has been paid to the direct effect on consumers of regulation and the introduction of competition. This book assesses how reform processes can be improved, particularly in the light of experience in some Latin American and European countries.

The authors address the question of infrastructure reforms in a novel way by focusing on the impact which they can have on consumers through the prices paid by different groups and on their access to the networks. They analyze original material from four Latin American countries - Argentina, Bolivia, Chile, Peru - and two European countries - Spain and the UK. Access is especially relevant when considering immature systems which have not yet extended to cover the majority of the population, as is the case in many Latin American countries. The authors also address the widespread impact of privatization on the economy (via macroeconomic influences) and the more general issues of subsidies and regulation which are endemic to these industries. The book focuses on the reform of four sectors: telecommunications, electricity, gas, and water and sanitation.

Academics, students, practitioners and policymakers specializing in economics, development and institutional reform will value the book’s unique focus on the consumer experience of utility privatization and regulation, complemented by the rigorous case study analysis of the effects on prices and access. ... Read more

Book Description

Be IN THE KNOW BEFORE YOU GO

Doing business across borders is very different from doing business across town–subtle and not-so-subtle differences in attitudes and etiquette play a big role.

Did you know?
• A nod doesn’t always mean yes in China; it can mean the Chinese understand you, or it can be just a polite gesture.
• Don’t use your power handshake; the Chinese handshake is generally quite soft.
• Try not to let your impatience get the best of you; many Chinese will use this to their advantage.

In the Know in China helps you:
• Fit right in by understanding local manners, etiquette, and behaviors
• Navigate through everyday life with tips for the whole family
• Get an insider’s perspective on the social and business environment

The book includes a FREE 60-minute CD with the key phrases you need to make a great impression. ... Read more

Book Description

THUNDERBIRD on Global Business Strategy

No matter what line of business you are in, produce or biotech, apparel or semiconductors-you can be sure that right now an ambitious management team in some distant part of the globe is devising a strategy to undermine your position and steal away your hard-won customer base. Only a decade ago, that might have seemed like an idle threat. But when you consider the awesome power of the Internet to connect foreign competitors with suppliers and markets anywhere in the world with a keystroke not to mention the precipitous toppling of political barriers to free trade over the past decade it becomes clear that your company's competitive future now depends on your ability to think and act globally.

For more than fifty years, Thunderbird, the American Graduate School of International Management, has been preparing students to take their places as international business leaders. The only business school in North America to focus exclusively on global business, Thunderbird has been ranked number one in graduate international management education by U.S. News & World Report every year since 1995.

Now, Thunderbird on Global Business Strategy brings together the best thinking in the field from the experts at Thunderbird. Written by an all-star team of past and present Thunderbird faculty members, each a well-known expert in his or her area of specialization, the book not only alerts you to both the dangers and opportunities inherent in today's global business environment, but also arms you with the knowledge, skills, and tools you need to meet those challenges and seize those opportunities.

Packed with case studies chronicling the experiences of management at top international companies worldwide, it fills you in on what you must know about managing global crises; forming and managing global alliances; cross-cultural management; managing global supply chains; navigating various legal systems; exploiting international financial markets; the role of the Internet in global business; protecting intellectual property; and much more.

Read Thunderbird on Global Business Strategy and find out what it takes to survive and thrive in today's hypercompetitive global business environment.

With campuses in Glendale, Arizona, Archamps, France, and Tokyo, Japan, THUNDERBIRD, THE AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT, is North America's leading graduate school for global business. The first institution to offer an international management degree, it has been training international business leaders since 1946.

All the Best Thinking from the Leading Lights in Global Strategy

In the twenty-first century, every business is a global business. That means that your competitive future depends on acquiring as complete a picture as possible of both the challenges posed by today's borderless business environment as well as the opportunities for increased profits it presents. Now this book gives it to you.

Written by the world-renowned experts at Thunderbird, the American Graduate School of International Management, this is your one-stop guide to running a global business. Over the course of more than a dozen chapters, liberally illustrated with fascinating case studies, you'll be armed with the understanding and skills you need to:
* Form and manage global alliances
* Manage global business crises
* Manage a global supply chain
* Develop global IT strategies
* Exploit international financial markets
* Protect intellectual property ... Read more

Reviews (1)

Thunderbird : On Global Business Strategy
The faculties of Thunderbird provide an insight into the latest winning business strategy from a global perspective. Various business models using in this book are very helpful to companies that like to "win" inthe global competition. ... Read more

Book Description

Packed with over 100 sample documents, required forms, and start-to-finish instructions, this Amacom bestseller has helped thousands of people conduct their international business -- trouble-free!

Now Export/Import Procedures & Documentation has been completely revised, with updated forms and procedures, new sections on customs audits and customs compliance assessments, and up-to-the minute information on new export control regulations.

Like earlier editions, the handbook covers the entire export/import arena, including:

**shipping and insurance
**dealing with banks
**currency exchange
**contracts and customs
**transportation, and more ... Read more