Greek & 'Latino'

With such glaring discrepancies in the economic structure of the country and with everlasting American quest for dominance in Central and South America, the country stands in great danger of steadily slipping into the gory past of internecine war. And ironically, the solution is not in the realm of Greek & ‘Latino’, and is quite simple! No strategy without inclusive structural reforms and distributive justice can ever succeed in Guatemala, and for that to happen, redistribution of land and other productive assets among the ‘have-nots’ is sine-qua-non.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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Six Key Nations of WTO

Though Lamy is out on a visit to the six key nations of WTO (first being Japan) to discuss and settle fairer trading conditions, chances of being in time are slim. The Cancun Ministerial – the WTO’s highest decision making body – fell apart in just four days in 2003. Though everybody knows why things are failing, WTO members could never reach a consensus. The issue of the US agricultural subsidies and the European Union’s Common Agricultural Policy has always been at the core of split between the developed and developing nations. Noticeable here is the deadline of December 2006 and hopes for reaching a deal by 2007, after which the US fast track legislation expires. It means that after 2007, it would be harder to get ratification on any deal from the US Senate. Before the WTO falls, member nations must either disband it or respect it. Time is going by. Speed is of essence.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Joint Study by the Swiss and American Commerce Ministries

As per a joint study by the Swiss and American commerce ministries, Switzerland ranks the highest in terms of attracting FDI; much ahead of its EU counterparts. It takes 6 procedures and around 20 days to start up a business in Switzerland. Major global giants like Compaq, Intel & Philip Morris, and over a thousand other international firms, have their offices in the country. The array of its own MNCs is no lesser. Companies like Nestlé (the world’s largest FMCG company), Novartis (formerly Ciba Geigy & Sandoz), Schindler (now America’s largest elevator firm), Sulzer (one of the world’s largest infrastructure corporations), Credit Suisse (globally, the third largest bank), Swatch Group (world’s largest watch conglomerate with brands like Omega, Rado et al), ABB (Asea Brown Boveri), UBS (fourth largest bank across the globe), Swisscom et al allow Switzerland to be at the forefront of even the Fortune 500 list.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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Money on Movies

Reliance’s famed fables!

MISSING THE KODAK MOMENT…

AND THE ELEPHANT DID DANCE...

Sense and Skype’bility

Here comes the killer, honey!

THATCHER’S UNION WARS

IIPM-Publications

IIPM-Bangalore ! IIPM-Chennai ! IIPM-New Delhi ! IIPM-Mumbai ! IIPM-Pune ! IIPM-Hyderabad ! IIPM-Ahemdabad

Only lady Prime Minister of Britain, Margaret Thatcher, formed a government for the first time during 1979 and over the period of 12 years, her focus was to bring in privatization, which she did by decreasing tax rates and increasing interest rates. But she acquired the Iron Lady reputation after the unflinching manner in which she stood up to the powerful trade unions of UK in a grand showdown. Though a series of strikes crippled Britain during the early 1980s, it was the trade unions that blinked first. Ever since, they have never managed to regain the glory, power and prestige they once boasted of. All thanks to the Iron Lady Maggie.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source IIPM-Editorial,2006

Sun’s Fall From Grace (IIPM-News Release)

IIPM-Publications

“I came, I saw, and I lost it” this is probably what Sun Microsystems CEO Scott McNealy would have burped. The company faces an uncertain future since the dotcom bust, as the web world basks in revivification. In the 1990s, Sun became a powerful force competing with the likes of Microsoft and IBM. Sadly, the impertinence and determination that marked Sun’s success also caused its downfall.
During the Internet bubble, Sun’s servers became the must have paraphernalia for the millions of Internet firms (it called itself the dot in dotcom) – sales rocketed and so did profits. When the bust came, Sun refused to cut down R&D spending, employee costs or adapt its product portfolio. The CEO believed that Internet had essentially altered the nature of the economy and this bust is just a fleeting phase. But the wreckage was far from over. Finally the company not only lost out on new opportunities, but eventually lost its edge as well.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source IIPM-Editorial,2006