What does globalization mean for the modern corporation? There is a lot of theory out there. Many have taken the intrepid step of speculating about the implications for the firm. Few have gone to the trouble to look into the matter. Looking at how a multinational actually operates is not for the...

The Great Depression called Western nations' most fundamental ideas about economic growth into question by disrupting the march of progress. Governments responded by rejecting orthodox growth strategies in favor of new policies they hoped would turn their economies around.' In the realm of...