Globalization is the process of interaction and integration among people, companies, and governments worldwide
The issues loom as cargo volumes are rising at the port, with more imports on the way. LOS ANGELES — Rail issues, rising container dwell times and a backlog of ships in China pose threats to continuing supply chain improvements at the Port of Los Angeles. Still, port and union leaders expressed confidence on Tuesday…
Few chief executives have faced the challenge of leading a company through an inflationary spike like today’s. Lessons from strong leaders and bold action can help CEOs make the decisions that only they can make. ast year, policy makers, economists, and financial-market participants fiercely debated the higher inflation then under way. Was it a transitory problem,…
Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. Citigroup, New York Fed economists zoom in on supply headwinds Gauges should help economists better measure speed of recovery Global supply chains are nearing a…
A continent learns to hustle. After a long slumber, Europe’s animal spirits are stirring The idea of a Europe hostile to entrepreneurs would once have seemed laughable. At its 17th-century peak the Dutch East India Company’s appetite for capital was so voracious that it demanded the invention of the public stockmarket. Investors then did not…
The Democrats’ social-spending package cannot repair the American Dream; Social mobility has dropped precipitously In the 1940s Joseph Biden senior fell from early wealth to near-destitution. He moved his young family in with his in-laws as he scrabbled for work in Scranton, Pennsylvania, before re-establishing middle-class ease as a used-car salesman in Delaware. For all the…
ByHBR.org
by Michael E. Porter From the Magazine (November-December 1998) Now that companies can source capital, goods, information, and technology from around the world, often with the click of a mouse, much of the conventional wisdom about how companies and nations compete needs to be overhauled. In theory, more open global markets and faster transportation and communication…
