In the eye of the beholder

Article Abstract:

Berlin, Germany-based Transparency International has released its fifth Corruption Perceptions Index (CPI) and a new list called the Bribery Payers Index (BPI). The CPI ranks industrial and developing nations according to perceptions about corruption and bribe-taking there while the BPI ranks the home countries of the corporate suppliers of international bribes. The seriousness of the effect of corruption and bribery on international trade is such that the Organization for Economic Cooperation and Development, for example, has taken definitive measures to cambat the problem.

Author: Zhan, Sherrie
Administration of General Economic Programs, Intnl Economic Policy, International politics, International economic relations

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The five issues that can make or break your business

Article Abstract:

Dollar supremacy, volatile currencies, logistics revolution, regionalizing trade and increasing trade barriers are the five issues that can break or make one's business. To counter currency volatility, one should minimize asset holdings and require payment in dollars or in another currency that is stable. Dollar supremacy provides many benefits to US firms, especially those importing companies. The regionalization of trade, or the creation of trade blocs that deal as single entities for the purpose of export, investment or import, is increasing rapidly.

Author: Zhan, Sherrie E.; Goodman, Davis P.
Financial management, Portfolio Management

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