globalEDGE Newsletter
March 2004
Vol. 3 - Issue 2
There are multiple topics that are of concern to all businesses. Yet, there are others that strictly focus on international business issues. You can find the newest globalEDGE section, "Current Topics in IB" under the Global Resources section of the Resource Desk. Here, articles from various sources regarding Corporate Governance, Social Responsibility and Sustainability, and the Globalization Debate are available. The Corporate Governance section includes various reports on issues relating to ethical standards of governance, both regionally and globally. Material is included from sources such as the European Corporate Governance Institute, International Corporate Governance Network, and the Transparency International Knowledge Center. Social Responsibility and Sustainability addresses methods and practices to help companies maintain business integrity, sustain development, and preserve environmental systems, among other areas of interest. Listed sources include INSEAD, the Global Reporting Initiative, and Business for Social Responsibility. Globalization Debate provides multiple sides of the globalization debate, from economic, policy, and academic standpoints. Information sources are from the BBC World Service, the World Bank Group, and Universities.
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EIU Forecasts 5.9% Growth Post-Solution
Financial Mirror Online
http://www.financialmirror.com/story4.htm
The Economist Intelligence Unit (EIU) recently published its country report about Cyprus. It predicts that a "solution to [the] Cyprus problem will lead to a boom in foreign and domestic investment, lifting real GDP growth to 5.9% in 2005 and raising potential output for the longer term." This article also mentions that investments in Cyprus will come not only because of a rise in confidence levels but also because of the necessity of investments in infrastructure such as roads and houses.
No Chance of a Cyprus Deal Before May, Says Turkish Cypriot Leader Denktash
Yahoo! News
http://story.news.yahoo.com/news?tmpl=story&u=/afp/20040304/wl_afp/cyprus_un_denktash_040304182905
Despite all efforts made by the international community, Cyprus' unification before May 1st is at stake. Rauf Denktash, the Turkish Cypriot leader, wants more time to negotiate a deal that will unite the peoples of the currently divided Cyprus. On March 22, the two leaders of Cyprus will try again to negotiate, if they cannot reach an agreement, Turkey and Greece will step in until March 29. If this fails, the UN will "produce a draft accord that will be voted on in separate referendum in April". Any rejection will lead to the Greek Cypriots entering the EU and Turkey will have to delay its ambitions to join this same organization.
More "Media Updates" from globalEDGE at:
http://globaledge.msu.edu/KnowledgeRoom/MediaUpdate/
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A sample of some of our recently added sites:
Competitive Alternatives
http://www.competitivealternatives.com/
Competitive Alternatives is a comprehensive report that compares business costs in North America, Europe, and Asia. It combines 27 cost components that comprise the most significant cost variations among global locations. The report is segmented by industry and includes Manufacturing, Research and Development, Software, and Corporate Services.
Category: News & Periodicals: Publications
Organization for Economic Cooperation and Development (OECD) - Guidelines for Multinational Enterprises
http://www.oecd.org/department/0,2688,en_2649_34889_1_1_1_1_1,00.html
The Guidelines for Multinational Enterprises provide voluntary principles and standards for responsible business conduct addressed to multinational enterprises themselves; Specific guidelines targeted at Multinational Corporations, last revised in 2000, outlining principles and standards of behavior in areas such as: labor relations, environment, bribery, competition, taxation, science and technology. Includes specific advice on the implementation of standards and appropriate reporting procedures.
Category: IB Topics: Corporate Governance
World in Figures
http://www.worldinfigures.org/
World in Figures provides worldwide statistical and survey data on countries around the globe. A free data analyzer is also provided on the site. The global database contains statistical figures about a country's economy, society, environment, social behavior, politics as well as public opinion polls. Country databases for Hungary and Poland are also provided. Available in English, Hungarian and Polish.
Category: Research: Statistical Data Sources
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