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Author: Satish Nambisan
Publisher: MIT Press
ISBN: 0262367556
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
How multinational companies can use digital technology to compete in a world where business is driven by the forces of both globalization and deglobalization. Digital technology has put globalization on steroids; multinational companies now account for one-third of world GDP and one-fourth of world employment. And yet complicating this story of unchecked global capitalism are two contradictory forces. Even as advances in digital technology enable borderless markets, a new nationalism has emerged, reviving protectionism and railing against digital colonialism. In The Digital Multinational, management experts Satish Nambisan and Yadong Luo examine how companies can adopt a dual strategy to cope with this new normal: harnessing the power of digital technology while adapting to the geopolitical realities of particular markets. Key to success, Nambisan and Luo explain, is the notion of tight and loose coupling to characterize the relationship of the digital multinational to its global partners and subsidiaries. Identifying the tightness-looseness requirements of global business connectivity leads to successful business strategy. Drawing on real-world examples that include Burberry’s entrance into the Chinese market, Unilever’s AI-powered global talent marketplace, and the Vocal for Local movement in India, they develop a typology of global business contexts; discuss digital strategies for entering new markets, establishing digital platforms, managing globally dispersed activities, and pursuing innovation; and explain how these strategies can be part of a business leader’s toolkit. The Digital Multinational is an essential guide to competing in a business world driven by both globalization and deglobalization.
Author: Satish Nambisan
Publisher: MIT Press
ISBN: 0262367556
Category : Business & Economics
Languages : en
Pages : 262
Get Book Here
Book Description
How multinational companies can use digital technology to compete in a world where business is driven by the forces of both globalization and deglobalization. Digital technology has put globalization on steroids; multinational companies now account for one-third of world GDP and one-fourth of world employment. And yet complicating this story of unchecked global capitalism are two contradictory forces. Even as advances in digital technology enable borderless markets, a new nationalism has emerged, reviving protectionism and railing against digital colonialism. In The Digital Multinational, management experts Satish Nambisan and Yadong Luo examine how companies can adopt a dual strategy to cope with this new normal: harnessing the power of digital technology while adapting to the geopolitical realities of particular markets. Key to success, Nambisan and Luo explain, is the notion of tight and loose coupling to characterize the relationship of the digital multinational to its global partners and subsidiaries. Identifying the tightness-looseness requirements of global business connectivity leads to successful business strategy. Drawing on real-world examples that include Burberry’s entrance into the Chinese market, Unilever’s AI-powered global talent marketplace, and the Vocal for Local movement in India, they develop a typology of global business contexts; discuss digital strategies for entering new markets, establishing digital platforms, managing globally dispersed activities, and pursuing innovation; and explain how these strategies can be part of a business leader’s toolkit. The Digital Multinational is an essential guide to competing in a business world driven by both globalization and deglobalization.
Author: Ms.Alina Carare
Publisher: International Monetary Fund
ISBN: 1484350642
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
This study expands the empirical specification of Cerra and Saxena (2008), and allows short-term output growth regimes to be determined by globalization. Relying on a non-linear dynamic panel representation, it reconciles the earlier results in the literature regarding the two opposite narratives of the effects of globalization on output growth. Countries experience higher growth, on average, the more open and integrated they are into the world. However, once they reach a certain globalization threshold (endogenously estimated), countries may also experience a new normal, persistently lower short-term output growth following a financial crisis. The benefits, as well as vulnerabilities, accrue earlier in the globalization process for low- and middle-income countries. To solely reap the globalization benefits on growth, sound policies should be in place to mitigate the negative effects stemming from increased vulnerabilities brought by globalization.
Author: Tony Fang
Publisher: Emerald Group Publishing
ISBN: 1800717938
Category : Business & Economics
Languages : en
Pages : 366
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Book Description
Globalization, Political Economy, Business and Society in Pandemic Times contributes to the growing literature on COVID-19 through a multidisciplinary approach by helping build a holistic understanding of the impact of the COVID-19 pandemic on politics, economies, business, and society in a globalized world.
Author: Roger McNamee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Written by one of Silicon Valley's most insightful and successful investors, "The New Normal" explains how to make the most of one's life, career, and money by embracing the future.
Author: Satish Nambisan
Publisher:
ISBN: 9780262367547
Category : Globalization
Languages : en
Pages :
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Book Description
"A practical guide for business leaders for creating strategy that addresses the conflict between globalization made possible by digital technology and regionalization found on the ground"--
Author: Saurav Jha
Publisher: Hachette India
ISBN: 9350096048
Category : Business & Economics
Languages : en
Pages : 367
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Book Description
" The world economy was still reeling from the Global Financial Crisis of 2008 when the COVID-19 pandemic struck like a bolt of lightning in late 2019. Whatever remained of the neoliberal credo - based on the salience of free markets - was upended, and economic nationalism fast became the new stock ideology. In Negotiating the New Normal, Saurav Jha carefully examines why, in the wake of the coronavirus shock, strong economic recovery in the developed world is more doubtful than ever. Instead of throwing its weight behind a multipolar world order, China, by far the largest economy among the BRICS nations, has chosen to create a Pax Sinica. However, it is unlikely to make much headway owing to both internal economic contradictions and pushback from the West and beyond. And what of India? Can it become a 'new China' to serve as a key engine of global growth, overcoming the pandemic-induced setback, as well as earlier policy missteps like demonetization? Answering all these questions and raising many more, Jha's deeply researched and cogently argued account examines the 'new normal' of a transactional, even predatory geoeconomic climate where central banks are fast running out of answers and heavily indebted governments are desperately searching for silver bullets. This work of extraordinary depth and ambition, tracing the destinies of the major economic centres of the world, provides a nuanced if sobering context to the reader as it suggests what India must do to rise in this grave new pandemic-ridden world. "
Author: Li Sheng
Publisher: Springer Nature
ISBN: 9811661901
Category : Political Science
Languages : en
Pages : 144
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Book Description
This timely book explores economic, political, social, and cultural impacts of the COVID-19. It aims to reveal a future world shaped by the worldwide pandemic. The main content of this book is divided into 5 parts: the pandemic—a short sketch of the pandemic through 2020, the acceleration of the global power transition: from East to West, comparison between authoritarian and democratic in the pandemic era, global international organizations under the COVID-19 influence, and regional international organizations under the COVID-19 influence. In addition, this book also analyzes the impacts from two aspects: the changes of the world order and the repercussions for international organizations and globalization. Three questions will be focused: How the pandemic has changed the existing world order? What the new post-pandemic world order will be? How international cooperation has been affected and will be affected? This book is a comprehensive study that investigates the impacts of the COVID-19 pandemic and the political implication on international organizations. It would not only inspire readers to think about impacts of the outbreak of COVID-19 from economic and political perspectives, but also encourage readers to have a deeper understanding of the global political pattern and potential changes of world order after the pandemic. Therefore, the intended readership not only includes the academics but also includes pro-academics. The academic audiences include university and college scholars (especially those majoring in history, political sciences, economics, and international relations), teachers, and administrative staff at the undergraduate, graduate, postgraduate, and Ph.D. levels, as well as study centers and research institutes and campus and public libraries. The pro-academic groups include civil servants, especially scholarly bureaucrats and technocrats; white collar and middle-class citizens interested in reading, especially those interested in and concerned about current affairs; and international business elites. The most important feature of this book is that it points out the COVID-19 pandemic has been shaping the world order. It also shows in the coming post-pandemic world, the United States would maintain the position of superpower while the still rising China is likely to share some responsibilities in constructing a new multi-polar world with US and other powers. The prevailing of unilateralism will heavily constrain the role of international organizations.
Author: Roland Benedikter
Publisher: Routledge
ISBN: 1000566501
Category : Political Science
Languages : en
Pages : 234
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Book Description
Re-Globalization examines the changing face of globalization, with political, economic, and social balances in flux, and tensions increasing in many parts of the globe. This book discusses and problematizes the current transition phase of globalization in response to issues such as inequalities, climate change, and health crises, offering a comprehensive collection of responses to the question “what is re- globalization?” The authors discuss the various definitions and forms of re-globalization, using a range of approaches, examples, and case studies in order to shed light on this process. The analysis of the phenomenon of re- globalization – understood as an economic, political, and social process – is both inter- and transdisciplinary. This volume offers contributions from academic disciplines within the social sciences, as well as technology, global security, global studies, health, and climate and environmental sciences. Overall, the book analyzes and illustrates how globalization shifts are interconnected and how they relate to a transition in global society, proposing a framework for a series of future scenarios. This socio- geographically diverse book will be of great interest to students, scholars, and researchers across a broad spectrum of disciplines exploring the future of globalization.
Author: Earl Wysong
Publisher: Rowman & Littlefield
ISBN: 1442266465
Category : Social Science
Languages : en
Pages : 225
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Book Description
Forbes reports that the richest 1 percent of the world’s population owns nearly half the world’s wealth, and the gap between the richest and poorest of the world only continues to increase. Deep Inequality looks behind these stark statistics to understand not only wealth inequality but also rising disparities in other elements of life—from education to the media. The authors argue that inequality has become so pervasive that it is the new normal. When we do recognize troubling inequality, we look at individual or small-scale problems without understanding the broader structural issues that shape the economy, the global political system, and more. Only by understanding the structural forces at play can we recognize the deep divisions in our society and work for meaningful change. Deep Inequality explains the changing landscape of inequality to help readers see society in a new way.
Author: Elissaios Papyrakis
Publisher: Springer Nature
ISBN: 3030823393
Category : Social Science
Languages : en
Pages : 184
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Book Description
The current coronavirus pandemic fundamentally reshapes existing debates and processes in international development. The unprecedented (and rapidly evolving) crisis is generating a number of substantial challenges for developing economies. Governments in low-income nations often find it extremely hard to cope with the increased demand for health services, make prompt decisions and put them into action, protect vulnerable segments of society and offer immediate relief to affected economic sectors. This book provides a series of reflective chapters that demonstrate how several areas of international development have been severely affected by the Covid-19 outbreak. It provides an in-depth critical discussion on how the current pandemic influences several development outcomes (in the domains of poverty/inequality, health, education, migration, formal/informal employment, (de)globalisation, the extractive sector, climate change, water and the global financial system). Each chapter draws policy recommendations on relevant interventions that can alleviate the identified negative repercussions of the Covid-19 pandemic, especially for the most vulnerable communities in the Global South.
