BRICs
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Corruption is a problem that is as old as mankind. It has long been recognized as an obstacle to many countries’ development and economic growth. Moreover, it is a significant hurdle to overcome for companies doing business in...
Introduction
After three decades of fast economic expansion, China’s labor market has gone through significant changes. While the dwindling supply of young migrant workers has been widely reported for several years, the growing skills shortage is now attracting more attention. The potential talent...
Brazil’s economy in general, and manufacturing in particular, have seen their competitiveness erode over the past several years, clearly limiting long-term growth prospects; however, the country’s poor growth performance is arguably more of a structural issue than just a cyclical one. Specifically...
The U.S. trade deficit in manufactures increased by 7 percent in the first half of 2012, and is projected to be $495 billion for the calendar year. The Chinese surplus grew much faster, by 24 percent, and is projected to be $817 billion for the year. The $169 billion increase in the U.S. deficit...
This report examines the general corruption landscape in Mexico, including the interrelationship of the war on drugs and run-of-the-mill political corruption. It also explains the growing attractiveness of the Mexican market to foreign investors; examines the implications, in both Mexico and the...
A recent survey of senior executives shows that just under two-thirds have non-compete agreements in place for at least some of their employees in China. Engineering and sales are the functions most commonly covered by non-competes, given that they have knowledge of the company’s key business...
The forecast for India’s output growth for key manufacturing industries in 2012 and 2013 explains why the macroeconomic fundamentals in the country are deteriorating. Waldman discusses recent trends in the exchange rate, investment spending, export growth, and the country’s inflation problem and...
Cliff Waldman provides a forecast for India’s output growth for key manufacturing industries in 2012 and 2013, and explains why the macroeconomic fundamentals in the country are deteriorating.
China's first quarter GDP growth figure just came out last week (see New York Times), and its economic growth slowed down from 8.9% in the last quarter of 2011 to 8.1% in the first quarter of 2012. Although the growth rate is still above the 7.5% target set by the government, it is well below the...
The past year and a half has witnessed a flurry of international anti-corruption activity. Stealing the headlines in this regard have been the frenzy of U.S. Foreign Corrupt Practices Act enforcement activity and the entry into force of the UK Bribery Act. To a degree, these events have...