Emerging Economies = Emerging Markets

Mention India, and you will likely start to draw fire about taking away jobs from Americans and sending them offshore, how frustrating it is to deal with customer support in India, etc.  But just a slightly closer look at business news will reveal that businesses are increasingly looking at India (and China and emerging economies [...]

Good Ideas for US businesses from India?

I’ve recently noticed a few  articles on a related theme – lessons that American businesses can learn from India.  Experiences in another culture or country are often the source of innovative ideas, and tapping this idea stream is one very good reason for developing a truly globalized business model (vs. a multi-country business, where each [...]

Recession Driving Changes in Captive Center Strategies?

A recent article in the Wall St. Journal consolidated reporting on a number of recent changes in so-called captive centers (IT or back-office services operations in India owned by non-Indian, usually US or UK, businesses).  While the leading sentence talks about “reversing a  a decade-long trend,” I think the article reveals a more complex picture.
The [...]

Car Sales Soar…in India and China

The Wall Street Journal (sorry, subscription required) noted earlier this week that February car sales in India increased 22% over last year.  China’s car sales increased by 2.7% in January and February.   This contrasts starkly with car sales in the U.S., which declined by 41%, and Europe, which declined 18% (only rising in Germany).
To [...]

“It’s going to happen somewhere other than the United States”

The NY Times today has a  front page article that discusses what the economy may look like going forward,  after the recession ends (whenever it ends).  This quote in particular caught my eye:
“These jobs aren’t coming back,” said John E. Silvia, chief economist at Wachovia in Charlotte, N.C. “A lot of production either isn’t going [...]