0 Like 0 Dislike
Travis Selmier and Brenda Bailey-Hughes discuss the causes and effects of financial crises in European Union countries. Selmier is Visiting Clinical Assistant Professor and Bailey-Hughes is Senior Lecturer of Business Communication, both at the Indiana University Kelley School of Business. Selmier begins by defining some terms relevant to the financial crisis: haircut, periphery countries, and sovereign debt. Selmier illustrates these terms by describing the financial crisis in Greece, which joined the EU with high sovereign debt and was able to access new funds for development. However, Greece never reformed its markets to support such high debt levels and its economy was unable to support the lifestyle of Greek citizens; for example, their generous retirement plans. Selmier next discusses the so-called "P.I.G.S." countries: Portugal, Ireland, Italy, Iceland, and Greece. He describes how financial problems in each country contributed to a greater crisis. He also discusses the worst case scenario of a buying strike on a large country like Spain, which could bankrupt European banks. Last, Selmier talks about the potential ripple effects of a European Union financial crisis on Indiana businesses, including low demand for Indiana products, reduced American competitiveness due to the euro's decline against the dollar, and the general economic shock of a crisis.
Claudia Alawi has a background in computer systems engineering and has worked with the United Nations in Palestine. She also worked as a software consultant in the U.K. before returning to Palestine and eventually founding her startup Job Avenue. Job Avenue is an online platform designed to make the hiring process faster and more efficient for both job seekers and hiring managers. Today, Claudia will discuss her startup, Job Avenue, and the entrepreneurship climate in Palestine.
In this edition of CIBER Focus, we discuss the sustainable organic agricultural sector. Philomina talks about understanding the science behind the food industry and translating this knowledge into business in Ghana. Guest: Philomina Brittain, Managing Director – Go Green limited Host: Taylor Marcus Website: https://kelley.iu.edu/faculty-research/centers-institutes/international-business/programs-initiatives/iu-ciber/index.cshtml About CIBER: Providing the resources U.S. businesses need to compete in today's rapidly changing world. At the IU Center for International Business Education and Research (CIBER), housed in the Institute for International Business, we leverage the institutional strengths of Indiana University and the Kelley School of Business to help U.S. businesses compete successfully in the global marketplace. We are a national resource center — one of only 17 such centers funded by a Title VI grant from the U.S. Department of Education. IU CIBER truly embraces its role as a national resource center, ensuring that resources and opportunities are made available to the widest audience possible when addressing the leading research in international business education. Our activities are directed towards moving all constituencies from international awareness, to engagement, and to global competence through the provision of international education, collaborative and mentorship relationships, and experiential learning.
Steven McVeigh discusses the importance of Russia in the world's energy future. McVeigh, Former Chief Executive Officer of Sakhalin Energy Investment Company, details the potential for Russia to meet the world's growing energy demand. He also notes the challenges ahead of the country in developing its oil and natural gas resources, including infrastructure and regulation issues. McVeigh describes Sakhalin II, the first offshore shelf Russian oil and gas project, which is being implemented by partners Shell, Mitsui, and Mitsubishi. The project, which will extract significant amounts of oil and natural gas from offshore platforms around Sakhalin Island, is the largest in Shell's history and will supply energy to Korea, Japan, and other countries. McVeigh discusses the reasons for successful project management and implementation of Sakhalin II, including strong partnerships, a focus on maximizing local Russian content, and excellent technical expertise. Last, McVeigh outlines his vision of Russia's next steps to develop its energy industry, including adoption of international environmental and regulatory performance standards to attract foreign direct investment.
Changqi Wu discusses how China achieved remarkable economic growth and how this growth can be sustained. Wu is Associate Dean and Professor of Strategic Management in the Guanghua School of Management at Peking University in Beijing. Wu provides background information on China's economic growth and describes its current economic state. He then compares China's progress to that of the former Soviet Union and India. Wu discusses the critical factors leading to China's growth, including a policy of gradualism, openness to foreign direct investment, prudent macroeconomic policy, and a relatively stable political environment. He also mentions factors that will sustain economic growth, including the country's massive low wage labor force, human capital, increased capital formation and upgrades in technology due to foreign direct investment, and government policies that are conducive to multinational investment. Last, Wu describes China as a fragmented market in terms of geography, income, financial sector, and politics. Website: https://kelley.iu.edu/faculty-research/centers-institutes/international-business/programs-initiatives/iu-ciber/index.cshtml About CIBER: Providing the resources U.S. businesses need to compete in today's rapidly changing world. At the IU Center for International Business Education and Research (CIBER), housed in the Institute for International Business, we leverage the institutional strengths of Indiana University and the Kelley School of Business to help U.S. businesses compete successfully in the global marketplace. We are a national resource center — one of only 17 such centers funded by a Title VI grant from the U.S. Department of Education. IU CIBER truly embraces its role as a national resource center, ensuring that resources and opportunities are made available to the widest audience possible when addressing the leading research in international business education. Our activities are directed towards moving all constituencies from international awareness, to engagement, and to global competence through the provision of international education, collaborative and mentorship relationships, and experiential learning.
In this edition of CIBER Focus, we discuss the Imani Workshops that deals with HIV positive women in Kenya. We also discuss the operations side of the business and how that affects fair trade organization. Guest: Scott VanKirk – General Manager, Imani Workshops Host: Sara Reeves Website: https://kelley.iu.edu/faculty-research/centers-institutes/international-business/programs-initiatives/iu-ciber/index.cshtml About CIBER: Providing the resources U.S. businesses need to compete in today's rapidly changing world. At the IU Center for International Business Education and Research (CIBER), housed in the Institute for International Business, we leverage the institutional strengths of Indiana University and the Kelley School of Business to help U.S. businesses compete successfully in the global marketplace. We are a national resource center — one of only 17 such centers funded by a Title VI grant from the U.S. Department of Education. IU CIBER truly embraces its role as a national resource center, ensuring that resources and opportunities are made available to the widest audience possible when addressing the leading research in international business education. Our activities are directed towards moving all constituencies from international awareness, to engagement, and to global competence through the provision of international education, collaborative and mentorship relationships, and experiential learning.
