As I Was Thinking… Observations and Thoughts on International Business and Trade

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As I Was Thinking is now available through Amazon.com As I Was Thinking is a compilation of articles and editorials previously published by Professor Michael Czinkota in news media worldwide. It contains insight into the core issues of international business and trade such as innovation, economics, and conflict. The themes covered in this book reflect how international business has changed over the years. A cartoon developed by Czinkota and award winning cartoonist David Clark accompanies each Read more [...]

Pros and Cons of Foreign Direct Investment

There have been many debates regarding the positive and negative effects of foreign direct investment with the host government caught in a love-hate relationship. On the one hand, the host country has to appreciate the various contributions , especially economic, that foreign direct investment can make. On the other, allowing investments from abroad gives rise to fears of dominance, interference, and dependence. Pros Improved capital flows Technology transfer Regional development Increased Read more [...]

If you’re a woman with big dreams you may want to move there

A recent study released by the International Labor Organization (ILO) and published by the Washington Post shows that nearly a third of all businesses around the world are now owned or managed by women. Additionally, women now hold roughly 40 percent of jobs around the globe. While these numbers may seem encouraging, there is still a long way to go. For example, in the United States, women hold less than 20 percent of all corporate board seats. In most developed countries, women are underrepresented Read more [...]

China, Philippines, and Kenya top the list for 2015 fastest growing economies

BloombergBusiness reports on the world’s 20 fastest growing economies for 2015. While overall global growth is projected to be 3.2 percent this year, emerging markets in Asia and Africa will grow exceptionally for the next two years. According to a survey conducted by Bloomberg, China, the Philippines, Kenya, and Indonesia together will make up 16 percent of the global gross domestic product. They are all expected to grow more than 5 percent in 2015. By comparison, the US and UK which combined Read more [...]

It’s not Double or Nothing for Trade

By Michael R. Czinkota and Charles J. Skuba In January of 2010 State of the Union address, President Obama set the goal of doubling U.S. exports over the next five years, supporting two million new American jobs through trade with international partners. At the terminus of that timeline, our analysis indicates the completion of less than half the goal with exports of goods and services at approximately $2,350 billion in 2014, compared to $1,571 billion in 2009. Although he did not hit the numbers, Read more [...]

McDonough School of Business ranks 6th for international business program

The undergraduate program of Georgetown University's McDonough School of Business has moved up to No. 15 in the 2014 U.S. News & World Report's annual business schools ranking. It also ranked 6th for international business. The ranking is based on a survey of business school deans and senior faculty accredited by the Association to Advance Collegiate Schools of Business. Participants were asked to rate the quality of all programs they were familiar with on a scale from 1 (marginal) to 5 (distinguished). Read more [...]