globalEDGE Newsletter
March 2005
Vol. 4 - Issue 2
Mind the Gap
Foreign Affairs, by Robert C. Pozen (March 1, 2005)
http://fullaccess.foreignaffairs.org/20050301facomment84202-p20/robert-c-pozen/mind-the-gap.html
The United States has far outpaced the EU in economic growth for the past 30 years. However, recently there are indications that the EU may be poised to overtake the United States. Pozen looks at the issues that have historically given the US an edge and why these issues are no longer going to provide the same benefits they used to. In addition, Pozen looks to increased US defense spending, productivity gains from the entry of women workers in the EU, the US current account deficit, and other issues that are now giving the EU the opportunity to catch up and surpass the United States.
China Never Stops
World Trade Magazine (February 1, 2005)
http://www.worldtrademag.com/CDA/ArticleInformation/coverstory/BNPCoverStoryItem/0,3481,142853,00.html
As China begins to manufacture an increasing array of products, the "China price" is affecting many manufacturers who thought they would never have to worry about China. World Trade Magazine follows a group of these manufacturers on their trade mission to China. This report gives insight to many common misconceptions that new investors have about doing business in China. Shister covers social, cultural, and political aspects that investors should be aware of.
More "Selected Articles" from globalEDGE at:
http://globaledge.msu.edu/KnowledgeRoom/SelectedArticles/
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Russian Firms Turn Kyoto Pioneers
BBC News (February 17, 2005)
http://news.bbc.co.uk/2/hi/science/nature/4270921.stm
Greedy capitalists are becoming major ecologists. That seems to be the first effect of the Kyoto agreement. Manufacturing companies are investing in a cleaner production process to profit from the sales of "clean air". This is what is happening in Archangel, a Russian town, where industrialists agree that it will be easier to see the cheap money from the Kyoto agreement than wait for funds from the Russian government.
Brussels warns Brown over budget deficit
The Guardian (February 17, 2005)
http://www.guardian.co.uk/business/story/0,3604,1416162,00.html
The United Kingdom is estimated by the EU to exceed the 3% limit for budget deficits this year. Although, Britain is not part of the EU, it is still obligated under the "convergence programme" to keep budget deficits to a minimum. The Guardian looks at the current issue and possible revisions, which would allow greater job growth. Future projections of likely budget levels are also presented.
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:
Supply Chain Response to Disruption
http://web.mit.edu/scresponse/
Hosted by the MIT Center for Transportation & Logistics, the Supply Chain Response to Disruption is a research project initiated by Professor Yossi Sheffi to study the effect of random disruptions such as global terrorism on supply chains. This site features downloadable articles of the latest studies on security and risk management.
Listed in the following category: IB Topics: Security and Risk Management
The BoardAgenda, from EDGEvantage
http://www.edgevantage.co.uk/
What EDGEvantage brings to its readers is insight in the field of corporate governance, strategic direction, and financial information. The site provides a monthly newsletter that touches on many of these peripheral areas.
Listed in the following category: IB Topics: Corporate Governance
DALAINTAL: External Trade Statistics For the Western Hemisphere
http://www.iadb.org/Intal/ingles/bdi/i-dataintalweb.htm
DATAINTAL is a system of import and export statistics of countries in the Americas. It consists of programs and databases allowing users to quickly and easily query the data and obtain current and historical trade data in a table format that can be printed or imported into other programs. The Institute has developed it for the Integration of Latin America and the Caribbean (INTAL) in Buenos Aires, Argentina, a unit of the Integration and Regional Programs Department, Inter-American Development Bank (IDB) together with the Unit of Statistics and Quantitative Analysis of the same Department.
Listed in the following category: Research: Statistical Data Sources
A list of recently added sites to globalEDGE is available at:
http://globaledge.msu.edu/ibrd/whatsnew.asp
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Featured Discussion: Global MBA.
Global MBA, is it really credible? The featured topic discusses an article posted recently on the Economist.com website as to the validity of earning an MBA. Should today's MBA candidates have a more rigid program or should the current model remain the same? Post your response on the Global MBA discussion.
Join our online community to discuss this and many other current business topics!
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