In The Decline and Fall of Bretton Woods?, Ernie Preeg assesses the serious decline of the rules-based multilateral economic system during the first decade of the new millennium, and presents two alternative policy cours
On August 22, 2012, after 18 years of negotiations, Russia became the 156th formal member of the World Trade Organization (WTO). With the world’s ninth largest market, a $1.9 trillion economy, and—with a population of 140 million—Europe’s number one consumer market, Russia was the largest economy in the world that was not a member of that august international trade governing body. As part of its accession package, Russia agreed to implement a host of economic reforms that will further open the country’s markets to the goods and services of its WTO trading partners, ensure greater respect for the rule of law, better protect intellectual property rights, and safeguard foreign investors.
According to research by consultant Booz, companies that directly engage their customers in innovation have superior results, including 300% higher operating income growth, 65% higher total shareholder return, and 200% higher return on assets.
A slowdown in China’s economic expansion saw a deceleration to 7.6 percent growth in the second quarter of 2012 from 8.1 percent in the first quarter. Manufacturing production moderated considerably, but modest advancement should return in 2013, according to a new report.
In the months leading up to the September 11 violence in Cairo and Benghazi and later in Tunis, the International Monetary Fund, the United States, and a number of Gulf states were taking steps to shore up weak economies in all three of the Arab Spring countries.
Recently the SEC published its final rules regarding so-called "conflict minerals." These are minerals mined in Central Africa, the sales of which are going to support armed conflict in that region. Under the Dodd-Frank Act, companies are now required to examine their products and supply chains
The Manufacturers Alliance for Productivity and Innovation (MAPI) endorses Manufacturing Day, a national grassroots movement created to draw attention to the contributions of manufacturing to the national economy and celebrate the achievements of the 12 million men and women who work in the secto
Growth & Innovation, Marketing, Marketing Communications, Lead & Demand Generation, Social Media Management, Strategic Marketing
Over the last several years, the sales funnel has transformed. Customers are gathering more information than ever before, and by the time they contact a salesperson, they’re already evaluating several purchase options. This is upending how companies sell, how they market their value, and especially what kind of information they’re sharing with customers online. Social media is playing an integral role in this rapid change, so in August 2012 we surveyed chief marketing officers from leading B2B manufacturers to find out how they’re adjusting their approaches toward social media. Here’s a look at how some of our members are transforming their use of digital marketing, followed by an infographic with key takeaways from the survey.
The housing sector has been the poster child for the part of the economy that has lagged during the economic recovery. It has suffered from falling prices, a very low level of housing starts, and a large number of foreclosures.