Auf wiedersehen USA
Article Abstract:
The coming of the single European market in 1992 is signalling a new decade for the European Community (EC) because the single market will represent 320 million consumers and an estimated GDP of $4.1 trillion. The US, which has been a dominant partner in Europe for several decades, is trying to determine the type of role it will play in Europe after 1992. Experts agree that the most important factor which will enhance the US presence in Europe will be its economic expertise. Currently, the US is slated to be the biggest national contributor to the newly established European Bank for Reconstruction and Development. However, the US also is the world's largest debtor nation and is struggling with both trade and fiscal deficits. Some believe the US can no longer maintain its position as the manager of the world's liquidity. Instead, Europe and the US will need to work together to address ways to develop a global currency and a central, international lending institution to promote prosperity and free trade.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1990
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Can EDS prosper without its charismatic founder?
Article Abstract:
Computer services company Electronic Data Systems Corp (EDS) hopes to gain a foothold in growing Asian markets by undertaking joint ventures in China and Japan, and is also working on a strategy to increase Latin American and European market penetration. A 40 percent annual overseas growth rate is projected over the remainder of the decade, with targeted foreign sales to increase from $380 million to $1 billion by 1990, according to senior VP Gary J. Fernandes. EDS was sold by founder H. Ross Perot to General Motors (GM) in 1984 for $2.5 billion, when the company was a computer services industry leader. A GM-EDS agreement was signed allowing EDS to remain an independent firm under the GM corporate umbrella. Conflicts between Perot and GM management eventually led to one of the most publicized corporate divorces in US business history.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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Restoring the U.S. spirit after years of bludgeoning
Article Abstract:
US competitiveness in the global economic market has become a key political and social issue. The growing US trade deficit is blamed on factors such as management complacency, an emphasis on short-term results, a declining educational system, and an over-valued dollar. There are signs that the decline of US industry is being reversed. Productivity has been improving steadily since 1981, product defects have been reduced, and companies are making needed capital investments to upgrade manufacturing capacity. Despite these improvements, however, the Japanese will continue to hold a competitive edge for the immediate future. If the US is going to become competitive again, the government will have to take some unpopular steps such as raising taxes, reducing middle class entitlement programs, and encouraging savings.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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