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The Digital Multinational

The Digital Multinational
Author: Satish Nambisan
Publisher: MIT Press
Total Pages: 262
Release: 2022-02-15
Genre: Business & Economics
ISBN: 0262367556

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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.


Globalization and the New Normal

Globalization and the New Normal
Author: Ms.Alina Carare
Publisher: International Monetary Fund
Total Pages: 40
Release: 2018-04-06
Genre: Business & Economics
ISBN: 1484350642

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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.


Globalization, Political Economy, Business and Society in Pandemic Times

Globalization, Political Economy, Business and Society in Pandemic Times
Author: Tony Fang
Publisher: Emerald Group Publishing
Total Pages: 366
Release: 2021-12-08
Genre: Business & Economics
ISBN: 1800717938

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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.


The Digital Multinational

The Digital Multinational
Author: Satish Nambisan
Publisher:
Total Pages:
Release: 2022
Genre: Globalization
ISBN: 9780262367547

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"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"--


The New Normal

The New Normal
Author: Roger McNamee
Publisher:
Total Pages: 280
Release: 2004
Genre: Business & Economics
ISBN:

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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.


Negotiating the New Normal

Negotiating the New Normal
Author: Saurav Jha
Publisher: Hachette India
Total Pages: 367
Release: 2023-08-17
Genre: Business & Economics
ISBN: 9350096048

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" 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. "


COVID-19 and International Development

COVID-19 and International Development
Author: Elissaios Papyrakis
Publisher: Springer Nature
Total Pages: 184
Release: 2022-01-13
Genre: Social Science
ISBN: 3030823393

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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.


The Rise and Great Reset of Modern Globalization

The Rise and Great Reset of Modern Globalization
Author: Dan Yin, PH D
Publisher: Independently Published
Total Pages: 402
Release: 2021-09-14
Genre:
ISBN:

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"Run, Forrest. Run!". Little Jenny Curran yelled at Forrest Gump. Yep, that was the exact moment when little Forrest began to run. He indeed ran fast, and he ran very far. He even ran to Beijing, the capital of Communist China. That was how fast and how far Forrest ran. That was also how fast and how far the world could run. It looked like it was Forrest Gump who brought the U.S. and Chairman Mao together, because Forrest said, "My Mama always said you've got to put the past behind you before you can move on." How this happened? "My mama always told me that miracles happen every day. Some people don't think so, but they do." The U.S. and Communist China did come together and brought their relationship to normalcy after over two decades. Of course, things did not happen overnight, and it took a while for two countries became "normal". Just exactly like what Forrest commented, "What's normal anyways?" Since then, the modern globalization we all know of today became possible, of course, with some glitches at beginning, as predicted by Forrest, "My mama always said, 'Life was like a box of chocolates. You never know what you're gonna get.'" During the course of the emerging, evolving and rising of the globalization, no one could be able to predict what was going to happen next. Just like Mrs. Gump answered, "You're gonna have to figure that out for yourself.", when Forrest asked, "What's my destiny, Mama?" This globalization is exactly like shrimp, as what Bubba was perceiving, "Anyway, like I was sayin', shrimp is the fruit of the sea. You can barbecue it, boil it, broil it, bake it, saute it. There's shrimp-kabobs, shrimp creole, shrimp gumbo. Pan fried, deep fried, stir-fried. There's pineapple shrimp, lemon shrimp, coconut shrimp, pepper shrimp, shrimp soup, shrimp stew, shrimp salad, shrimp and potatoes, shrimp burger, shrimp sandwich. That, that's about it." ... During the honeymoon of this globalization, global capitalists and Communist China were like "Me and Jenny goes together like peas and carrots". At the time when we are wondering if there would be a remote possibility that our globalization would encounter a great reset, and begin to worry about the conditions for Chinese mass and their potential uncertain future, ironically, what astonished us is the massive netizens in China are actually shouting back, "You can't be doin' this, Forrest. You can't keep tryin' to rescue me all the time." ... "Forrest Gump" was indeed one of the greatest movies for some certain reasons. Now, one new reason can be added into its already long list - it was "Forrest Gump" that told us everything about the modern globalization we all know of, and also probably predicted its upcoming destiny. "That's all I have to say about that." Yep, that was what Forrest also said.


Re-Globalization

Re-Globalization
Author: Roland Benedikter
Publisher: Routledge
Total Pages: 234
Release: 2022-04-28
Genre: Political Science
ISBN: 1000566501

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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.


Globalization After the Pandemic

Globalization After the Pandemic
Author: Hui Qin
Publisher:
Total Pages: 132
Release: 2021
Genre: COVID-19 Pandemic, 2020-
ISBN: 9789882378926

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