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A Consumer Paradigm for China
The development paradigm that brought China two decades of rapid growth and lifted millions of people out of poverty is reaching the limits of its utility. Well before the US credit bubble imploded, China’s leaders recognized that this old economic … Continue reading
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Meeting the Challenges of China’s Growing Cities
China’s dramatic economic growth is intensifying the challenges of urban policy. Mass migration to the cities is leading to urban sprawl, the loss of arable land, and spiraling demand for energy and natural resources, as well as contributing to the … Continue reading
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The Elusive Goal of Corporate Outperformance
Many executives focused on growth assume that companies can sustain strong top- and bottom-line performance over long periods of time. McKinsey research, however, confirms that this kind of success is exceedingly rare and suggests that its pursuit can lead executives … Continue reading
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Doing Business in China: A McKinsey Survey of Executives in Asia
China is an increasingly important player in the world economy. However, nearly 40 percent of executives in Asia say their companies do no business in China today, according to a McKinsey survey, and a third say that even if the … Continue reading
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Balancing Short and Long Term Performance
Many corporate leaders struggle to increase long-term shareholder value. This comes as no surprise, given an increasingly competitive environment in which financial markets often evaluate a company and its CEO by the most recent quarterly results. But the cost of … Continue reading
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Brains Abroad
This paper reviews solutions to mitigate the effects of the brain drain phenomenon in developing countries. The creation of emigrant networks, facilitation of communication by internet between emigrant communities and the countries of origin, and incentives for the investments of … Continue reading
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The ASEAN Preferential Trading Arrangement
The ASEAN Preferential Trading Arrangement (PTA) was an early effort at regionalized growth in the face of divergent growth strategies of individual member countries. This article attempts to shed some light on the potential of the PTA as currently structured, … Continue reading
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