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Unveiling Latin America's economic success
A lot of attention has been focused on the remarkable economic success of China, India and other Asian countries. So much so that the rise of Latin American companies as major players on the international economic scene has almost gone unnoticed.
The upside of hard times
This could be the best year of your life; a year of discovery, correction, clearance, and enlightenment. 2009 could be the year that started all wrong and ended so right. The year things came right. Twenty years from now, when sharing life's lessons over a bottle of wine with friends, you might reflect on 2009 as your year of real change; that barrier year between who you were and who you became.
Hard times for a talent hub
Like many countries around the world, Singapore's economy has been hit by the global downturn. It will be a stern test for the city-state's government as the recession bites and more Singaporeans lose their jobs, especially as the authorities have been encouraging foreign 'talent' to come to live in the city-state.
The China-Africa alliance
Africa is critically important to China’s global strategy, for a number of reasons: the continent’s geopolitical importance; its large, untapped market; and its abundance of natural resources. And as more Chinese companies feel the need to enter new markets and seek more resources, Africa will only see increased Chinese business and investment activity.
The changing social landscape of Malaysia
Like many societies, Malaysia is in a period of transition from one generation to a new one and with that comes many issues. After 51 years of independence, the question of who they are as a nation is one that plays a lot on people's minds these days.
Aviation facing strong headwinds, reshapes industry
Falling demand, collapsing yields, low consumer confidence and fears of a pandemic have thrust the aviation industry into survival mode. Airlines are expected to post losses of US$9 billion this year, with an unprecedented drop in revenue of 15 per cent, that will see industry revenues shrink by US$80 billion to US$448 billion.
The unreal estate
For many people around the world, property rights are not well defined, enforced or monitored; resulting in over half of the world’s population living and working on ‘unreal estate’, i.e. without the security of property ownership.
In her book Prosperity Unbound: Building Property Markets With Trust, INSEAD alumna Elena Panaritis presents a holistic approach to combating this lack of formal rights, arguing that a new thinking process, combined with successful diagnosis a
Governments have not done enough to address crisis
Governments around the world have not done enough to address the damaging effects of the global financial crisis triggered by the one-year old subprime credit crisis in the United States, economist Manu Bhaskaran says.
Global crisis forces corporations to look beyond quarterly earnings
With the US economy in turmoil, Wal-Mart, the nation's leading retailer boasting more than 144 million customers per week, is taking on a new leadership role. In a country where about one person in three is considered obese and 47 million people are without healthcare, the company is taking a unique stand in educating both its consumers and suppliers.
Will India still be a land of opportunity in the face of global economic slowdown?
As the economic downturn takes hold in the United States and Europe, the Indian government is frantically trying to keep its economy from stalling, while trying to calm the nerves of foreign investors following the Mumbai terror attacks.
A general election must be held by May, and the government had been hoping that the nation would be insulated from the problems of the global economy.
Australian banks well positioned to weather the financial crisis
In comparison to the battered banks elsewhere, Australia’s ‘big four’ banks have been “holding up very well” relative to their counterparts in the US and Europe, which have either filed for bankruptcy or have sought government bailouts, says John Schubert, chairman of the Commonwealth Bank of Australia, the country’s biggest lender by market capitalisation.
Think of Africa and you’re likely to conjure up images of warfare, drought and corruption. But Ruurd Brouwer, Africa Director of entrepreneurial development bank FMO in the Netherlands says that, in order to attract investment to the continent, we need to get rid of the sorts of images as depicted by aid agencies and instead replace them with pictures of successful African bankers driving Mercedes cars.
Global outlook: big spenders and penny-pinchers
In the US, extravagance is a normal way of life. In China, it is a sin. Such contrasting consumer psyche between the two economies needs to be evened out before a sustained recovery of the post-bubble global economy can be achieved in the longer run, says Stephen Roach, chairman of Morgan Stanley Asia.
African entrepreneurs must pressure governments to regulate business environments
Although many African companies will be hit by the current global slowdown, there is a lot that local entrepreneurs and their governments can do to improve their business environments, says Arthur Levi, former head of the World Bank’s private sector arm, International Finance Corporation (IFC) Europe.