Donald Trump- Economic Fright or Miracle? (in German)

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After a heated and arduous election campaign, it is clear that Donald Trump has won the race for the US presidency. The candidate, who is particularly striking in the election campaign with outrageous speeches and full-bodied announcements, promised to create 25 million jobs, invest massively in the infrastructure, and re-establish trade agreements. So what is coming to the US? Foreclosure and isolation, new tariffs and exploding state debts – How many expert prophesies are there? Will Trump lead to an economic catastrophe or a new miracle? And who are actually Trump’s economic policy consultants? Astrid Petermann discusses with Michael Czinkota, a professor at the Georgetown University in Washington and Valentin Hofstätter, analyst and US expert at Raiffeisen Research, in the Austrian economic magazine SALDO.

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Why International Marketing strengthens Freedom

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Source: www.dreamstime.com

You may ask what freedom has to do with international marketing. Freedom is about options. If there is no alternative, there is no freedom. A true alternative provides the opportunity to make a decision, to exercise virtue. In the blaze of the klieg lights, it is easy to make the “right’’ decision. at is not an exercise in virtue, because real alternatives arr effectively removed. e true selection among alternatives takes place in the darkness of night when nobody is looking.

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Anti-Corruption War: Western Ways Doomed to Fail

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Co-authors: Anna Astvatsatryan, Michael R. Czinkota

In November of 2014, leaders of the Group of Twenty (G20) vowed to implement an anti-corruption action plan. Although the proposed strategies might improve the situation for G20 member states, using the same toolkit will not work in the developing world. One needs to take into account culture, traditions, and historical circumstances, when crafting anti-corruption strategies for the developing world.

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A Wall: Constrain, Protect, or Lead

Source: ChinaDaily

Picture Source: ChinaDaily- Cracks appear in the Great Firewall of China

“God created the world, the rest was made in China,” sings Lourd de Veyra. The concern about the Asian factory has lingered for decades. Overlooked has been its gradual strategic transformation from imitator to integrator, or even innovator.

Will China overtake the U.S. and become the new No.1 economy of the world? This anxiety seems as misplaced as earlier forecasts such as Japan’s economy surpassing the U.S. by 2000.

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Counterfeiting, Software Piracy, and Terrorism

Counterfeiting is a common form of corruption and cost businesses well over US $1 trillion in 2008. One of the most highly scrutinized areas of counterfeiting in today’s business world is the theft of intellectual property. Intellectual property is the ownership of ideas, as well as the control over the tangible or virtual representation of those ideas. The piracy of this intellectual property has become a major form of illegal business.

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