Globalization

This package begins with "What the West Gets Wrong About China," by Rana Mitter and Elsbeth Johnson, which discusses three fundamental misconceptions:...

Many people have wrongly assumed that political freedom would follow new economic freedoms in China and that its economic growth would have to be built...

The new commercial reality is the emergence of global markets for standardized consumer products on a previously unimagined scale of magnitude. Technology,...

Like it or not, English is the global language of business. Today 1.75 billion people speak English at a useful level--that's one in four of us. Multinational...

Most business executives who have put time, effort, and investment into developing a presence in China resist the notion of decoupling. With the Biden...

Its collapse has been vastly overstated, according to an analysis of international flows of trade, capital, information, and people.

Photography: Courtesy of Amway The Idea: After the Chinese government outlawed direct selling, Amway repeatedly revised its business model to build a reputation as an honorable corporate citizen. In 2006 it received a new license, and China is now its largest market. When the Chinese government outlawed direct selling, in 1998, Amway was already well […]

Multinational companies are the driving force behind globalization, but they are also the source of many of its most painful consequences, including currency...

A major shift is occurring in the nature of global competition, but it’s widely misunderstood. Emerging markets are no longer competing solely on price—by offering the lowest-cost manufacturing, for instance. Rather, they are increasingly competing with sophisticated skills in key sectors like health care, software, entertainment, consumer products, and manufacturing. They’re leveraging a fast-growing ability […]

Of late, offshoring and outsourcing have become political hot buttons--they have been conflated to mean that high-paying, white-collar jobs have been...

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Executives should consider four key ideas.

A comprehensive five-year study reveals a set of common mistakes.

A global shortage is impacting companies across every industry.

Multinational corporations from developed and developing economies alike are aggressively expanding their global presence, particularly in emerging markets....

For much of the past five decades, financial capital was considered a scarce resource. Today, however, capital is abundant and cheap, and the authors...

Executives who want to make their organizations better corporate citizens face many obstacles: If they undertake costly initiatives that their rivals...

A Q&A with Rana Foroohar, a columnist at the Financial Times.

By stimulating commerce and development at the bottom of the economic pyramid, multinationals could radically improve the lives of billions of people...

Competition among multinationals these days is likely to be a three-dimensional game of global chess: The moves an organization makes in one market are...