The past two years have underscored China’s resilience and dynamism. Its economy has been booming against a backdrop of global stagnation. China’s business environment, in particular, has been changing fast, with new regulatory policies and a rising cost of doing business affecting the playing field for multinationals see sidebar “Cautious sentiments”.But the real story, in [...]
Global forces: An introduction
Five crucibles of change will restructure the world economy for the foreseeable future. Companies that understand them will stand the best chance of shaping it. via Global forces: An introduction – McKinsey Quarterly – Strategy – Globalization.
Globalization’s critical imbalances
Future financial crises could accelerate the rebalancing of global economic activity from developed to emerging markets. To some extent, the rebalancing of global economic activity from developed to emerging markets simply reflects economic laws of gravity. In a world where ideas can flow freely and countries are at different stages in adopting modern modes of [...]