Business & Economics

All carrots, no sticks?

It is received wisdom by now that Latin America’s economies have thrived under the application of free-market (or “neoliberal”) policies over the past twenty years or so–at least in comparison with performance under the import-substitution policies of the decades before

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When cheapest will no longer do

In the race for foreign investment, among India’s best-known advantages has been its ability to offer low-cost, English-speaking labour to multinationals looking for a place to build call centres and “follow the sun” programming shops. Indian manufacturing and services companies

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INSEAD interview with Craig Smith

INSEAD Knowledge, a site that publicizes the thinking produced by the faculty of the number one MBA school in the world (as ranked by Bloomberg BusinessWeek), has posted an abridged version of professor Craig Smith’s article in the launch issue

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Throwing money at the problem might work

Whether you lean to the left or to the right, careful planning of the delivery of social services is essential to a country’s development. These programs, large and small, require a strong administrative support system to ensure that services reach

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Fill the stomachs first

Whatever happens in the next few days in Egypt, the role played by poverty and persistently high unemployment in prompting and sustaining the anti-government protests in Tunisia, Egypt, and other Middle Eastern states seems to be a significant one. Alongside

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Global salvation by pop can

“Within 6 hours deserts receive more energy from the sun than humankind consumes within a year. An area of around the size of a living room, covered by mirrors for concentrating solar thermal power plants, would suffice to cover the

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Should we save consumers from consumer choice?

A few years ago a colleague and I went into a highly-recommended sandwich shop for lunch, the kind that offers a stunning variety of non-traditional combinations of meats and cheeses and sauces and breads. While my friend ordered his usual,

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Would you like a bank with that football club?

It will come as no surprise to avid followers of European football that many of its most illustrious clubs are financially supported today, in part or in whole, by sovereign wealth funds, corporations, and private investors from outside the continent.

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Recent best: Sonia Katyal

Sonia Katyal is a professor of intellectual property and civil rights law at Fordham Law School in New York City. She is the co-author of Property Outlaws: How Squatters, Pirates, and Protesters Improve the Law of Ownership (Feb 2010, Yale

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Objective, verifiable lies – and why we need them

Like active duty soldiering, accounting is one of those peculiar occupations which is made up of long stretches of humdrum activity — at least this is how it appears to outsiders — punctuated by unpredictable moments of turmoil and fear.

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The false dilemma of sustainable business

It has long been a criticism of “sustainable business” thinking that good governance and responsible social and environmental practices have costs, and insofar that they do, sustainable businesses must offer lower returns to investors than those offered by their less-burdened

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There is no simple

Keep it simple, stupid. “KISS” is one of the most commonly referred to principles in modern business, and its spirit permeates everything from the carefully-considered design of Apple’s sleek user interfaces to the unchecked frustration of a customer returning a

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