Doing business in China

China is one of the biggest player in the world economy: with its 1,3 billion citizens and the astonishing rate of growth (although it's peace is slowing) represent an enormous market. Also, Chinese are willing to pay up to 30% more on foreign products because of their quality (comparative advantage). So, what do we need … Continue reading Doing business in China

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Doing business in an international context

All these models give us a comprehensive and useful set of tools to evaluate and understand not only other cultures, but also our own. As Pellegrino Ricardi said in this TED talk, across borders culture is not about pointing differences but extending your own borders: that's a global mindset. 

Margin Call

"There are three ways to make a living in this business: be first, be smarter, or cheat." Margin Call is a 2011 American independent movie, which takes place over a 24-hour period at a large Wall Street investment bank during the early stages of the financial crisis of 2007/2008. The film focuses in particular on … Continue reading Margin Call

Germany and US economy face to face

A simple and clear comparison between the German and USA economy, by The Infographics Show: https://www.youtube.com/watch?v=nCHwcKib5J8 Plus, we can look at the differences between the two international trade systems: German is a neomercantilist country, which means it overstretches the importance of domestic income and employment at the expenses of free exchanges, emphasizing trade restrictions and … Continue reading Germany and US economy face to face

Richard H. Thaler, the 2017 Nobel Prize

The last year the Nobel Prize has been assigned to: Richard H. Thaler University of Chicago, IL, USA "for his contributions to behavioural economics" Thaler is one of the funders of behavioural economics, and futhermore behavioral finance, fields in a great expansions in the last decade. He is a professor at the University of Chicago, and … Continue reading Richard H. Thaler, the 2017 Nobel Prize