Prospects for Emerging Markets Aren’t As Bad As You’ve Heard

It’s obvious that emerging markets are facing severe headwinds. 2015 will be the fifth consecutive year of slowing economic growth. However, today’s events are not necessarily a good guide to longer-term trends. In analyzing the trajectory of emerging markets, it’s critical to look at the broader context in at least two ways………

Beat the Odds in Cross-Border Joint Ventures

It’s proving to be an eventful year for AirAsia, the Kuala Lumpur-based airline that has emerged as Asia’s most successful low-cost carrier in recent times. The last 12 months have seen the collapse of AirAsia Japan, a once-promising joint venture between AirAsia and Japan’s ANA, and the birth of AirAsia India, an alliance between the company and India’s Tata Group.…..…

Think Global, Not Emerging Markets, Century

Nokia’s recent burning platform travails serve as an object lesson to companies trying to navigate a rapidly-changing global economy. As multinational corporations pursue opportunities in emerging markets, they’re bound to stumble if they overlook the developed economies, and vice versa. Without operating in the former, they won’t be able to attain economies of scale; sans the latter, they’re unlikely to continue developing state-of-the-art technologies…..…