International Business

The Border EconomyShort Report

President Trump’s bid to renegotiate the North American Free Trade Agreement (NAFTA) may have a pronounced impact on the strong economic relationship between Mexico and the United States that has developed in the 23 years since the accord took effect. During this time, U.S. trade with Mexico has…

Chinese AbroadShort Report

Since 1978, when China’s government introduced major economic changes and lifted a ban on emigration, about 10 million Chinese nationals have moved abroad. More than 2 million of these emigres live in the United States. The outflow has created a brain drain, and amounts to a vote of no…

Paid Leave

The United States is the only industrialized nation that does not require companies to offer paid leave to its workers to care for a baby, a sick relative or themselves. That is changing slowly, economists say, as more companies recognize that it makes business sense to provide paid leave to…

Underground EconomyShort Report

In the wake of the 2007-09 financial crisis, the underground sector has become a sizable part of the U.S. economy – perhaps as much as 10 percent. Many policymakers believe off-the-books work retards growth by denying tax revenues to governments, depressing wages, hurting competition and leaving workers vulnerable to…

Free Trade

Is the era of trade liberalization that began in 1945 over? The collapse of world trade talks in 2008, Great Britain’s shocking vote last year to leave the European Union and the election of President Trump on an anti-globalization platform suggest that it might be. The gains from trade…

China’s Slowdown

China’s headlong leap into the ranks of the world’s largest economies has slowed since the severe global recession of 2008, with real gross domestic product growth falling from 10.6 percent in 2010 to an estimated 6.6 percent this year. Chinese leaders are struggling to cope with…

Brexit

The United Kingdom’s vote to leave the European Union is the worst setback Europe’s leaders have suffered during more than half a century of painstaking efforts to bind that continent together economically and politically. It was wholly unforeseen and ran counter to the bulk of expert advice, which…

Corporate Taxes

From burger and doughnut makers to pharmaceutical firms, companies moving their legal headquarters abroad have become avatars for a debate about the U.S. corporate tax system. On one side are business groups and their advocates who say these corporate “inversions” are symptoms of a business tax rate that…

The Worldwide Workforce

As multinational corporations expand their footprint abroad, their appetite for workers with global business skills grows apace. Some of the world’s best-known brands now base most of their operations and workforces outside their home country, and more employees than ever are being sent abroad. As a result, the ability…

Doing Business in Cuba

President Obama's historic announcement in December 2014 that he wants to normalize relations with Cuba, coupled with the easing of restrictions on travel and commerce, has unleashed a huge wave of interest by U.S. companies in the island nation. Some experts warn this enthusiasm is premature, noting that a…

Doing Business With Japan

Since the late 1980s, Japan's economy has struggled to overcome years of recession and punishing price deflation, plus a declining population and aging citizenry. Among the forces pushing against these head winds: a small but growing group of entrepreneurs who are trying to bring creativity and energy to the economy…

Global Manufacturing

Corporations rushed to expand their global operations over the last three decades, motivated in part by China's aggressive policies seeking foreign investment. Industries including automobiles, clothing manufacturing and technology opened factories there and in other parts of the developing world, with the United States losing jobs from the shift: In…

Doing Business in Mexico

Seeking to improve its economy and the standard of living for its 122 million citizens, Mexico is undergoing a massive transformation as it courts foreign investors and an array of trade partners. It has embarked on an ambitious agenda of domestic reforms—opening the oil sector to private investors for…

Business and Universities

Policymakers increasingly see universities as engines of economic growth and as “incubators of innovation.” They argue that academic capitalism—an umbrella term for a variety of market-driven university ventures—is an innovative way to fund teaching, research and campus expansion in an era of tight budgets and rising…

Hispanic Marketing

By 2060, Hispanics are expected to represent approximately 28 percent of the U.S. population, up from 17 percent in 2014. They are the country's fastest-growing demographic group and an increasingly important market for companies seeking to expand: In 2003, companies spent $3.4 billion on Hispanic advertising campaigns. By…

Business and Climate Change

Climate change is more than an environmental issue; it also is a business issue. Conservatives have long argued that trying to slow the effects of a warming planet would badly damage the economy by raising taxes, increasing regulations and lowering employment. For business leaders, the debate is not academic. If…

Global Oil and Gas Industry

The world is experiencing a new age of energy abundance, largely because the United States, the largest energy consumer, is also increasingly a producer. In addition, Brazil and Canada, among others, are emerging as oil powers. Hydraulic fracturing, or fracking, in which high-pressure streams of water and chemicals are injected…

Minimum Wage

In the United States and around the world, public concern has grown that the lowest-paid workers are falling behind as national economies recover from the global recession. Most Americans support raising the minimum wage to assist low-paid workers, and lawmakers in some U.S. states and cities have done so…

Sustainability

Many companies, mostly large multinationals, are adopting sustainability programs and delivering annual reports on their progress toward creating a new kind of business. Within this burgeoning movement, sustainable companies give the environment and human rights the same priority as profits. Their goals include protecting the Earth to reduce the effects…

Doing Business in India

India, with 1.25 billion people and a growing middle class, offers a vast market for global companies. The government of Prime Minister Narendra Modi, elected in mid-2014, has promised to improve the climate for all types of businesses and has reached out to foreign investors. Indeed, there are signs…