By Peter Nolan
China’s ‘catch-up’ has been one of the most remarkable aspects of the era of capitalist globalisation. Below, Peter Nolan argues that the widely-expressed view that China is buying the world is damaging to international relations, especially at a time of deep crisis in global political economy.
In an article adapted from Turnaround: Third World Lessons for First World Growth, Peter Blair Henry argues that despite headlines featuring the collapse of BRIC nations and recovery in the West, advanced countries have settled for underperformance in place of prosperity; their future now depends on whether they have the humility to learn lessons of economic discipline from the developing world they once lectured.
As the world transitions from ‘Deep Globalisation to Deglobalisation’, economic policies based on a ‘Doctrine of Local Content’ take center stage. As a consequence, the global economy underperforms. Below, Marcos Troyjo argues that Reglobalisation can only resurface if countries move away from ‘Local-Contentism’ and closer to a productive interdependence turning out ‘Made in the World’ goods.
Frontier Markets: Old Acquaintances, New Opportunities
Tomás Guerrero
Economics
The Social Theory of Contemporary Capitalism
Partha Chatterjee
Writing Theory from the South: The Global Order from an African Perspective
Jean Comaroff & John L. Comaroff
Health
When People Come First
João Biehl & Adriana Petryna
Putting the Patient in Charge: the future of healthcare
Mohammad Al-Ubaydli
Governance
Sovereignty, Rule of Law and Global Civil Society
Winston Nagan
Global Social Process and the Evolving Character of Sovereignty
Winston P. Nagan & Craig Hammer
Europe
Youth Unemployment after the Financial Crisis: ‘Quo Vadimus’?
Terence Tse, Mark Esposito, & Jorgo Chatzimarkakis
Sustainability
What the Climate Can Change
Jörg Friedrichs
Business & Finance
The Future of Boards: Meeting the Governance Challenges of the 21st Century
Jay W. Lorsch
Identifying the Factors for Successfully Managing Supply Chain Risks
Sime Curkovic & Thomas Scannell
The Impact of Law and Corruption on Venture Capital and Private Equity Fees and Returns
Douglas Cumming, Grant Fleming, Sofia Johan & Dorra Najar
Marginals as Global Leaders: Why they might just excel!
Stacey R. Fitzsimmons,Yih-teen Lee & Mary Yoko Brannen
The emergence of frontier markets is consolidating South-South relations and speeding up the global economic rebalance. Below, Tomás Guerrero describes how, to ensure long-term growth, driven by the combination of abundant natural resources and low labor costs, this set of countries have begun to put in place mechanisms to solve the difficult equation that will be presented in a few decades: the sum of finite recourses plus a demographic boom.
By Stacey R. Fitzsimmons,Yih-teen Lee & Mary Yoko Brannen
Marginals are individuals who are simultaneously cultural insiders and outsiders. This contradictory identity has led them to be overlooked as positive contributors to organizations. Indeed, most of the evidence indicates that marginals usually experience worse outcomes than other biculturals. However, there is consistent evidence indicating that this picture may be incomplete. Under certain conditions, marginals may possess certain advantages that facilitate their potential to excel as global leaders.
By Douglas Cumming, Grant Fleming, Sofia Johan & Dorra Najar
This article summarises recent research on the role of law, culture and corruption on venture capital and private equity fund structures, governance and performance. The authors focus on the role of law and corruption on two aspects of venture capital and private equity investment: the structure of manager compensation, and performance outcomes.
By Sime Curkovic & Thomas Scannell
The decision to manage supply chain risks constitutes a major undertaking for most firms. In this study, Sime Curkovic and Thomas Scannell use data from 46 firms and SCM managers to identify which factors affect the decision to develop a system for managing supply chain risks, and explain how these factors can influence the level of success.
Predicting the challenges boards will face in the years ahead requires an understanding of how they and the governance they have provided has evolved in past years, as well as the challenges they will face in the years ahead. Since I have been serving on and doing research about public company boards over the past twenty-five years, I believe I have a clear sense of the state of corporate governance in the United States and in much of Western Europe. Not surprisingly, my crystal ball for predicting future developments and demands on boards cannot be so clear.
