As reported in Foreign Policy, "The List: Look Who's Censoring the Internet Now."
China and Iran have always had strict built-in fire walls for their Internet. But now, the following countries have also made the list:
• France
• India
• Argentina
• South Korea
Find out why here.
The new silver lining is that American travelers, if they have the money to spend, can strike a bargain with other people's currency.
In Iceland, for example, the krona has tumbled as much as 45 percent (refer to graph). A South African safari costs some 30 percent less than it did last year. And in Estonia and the Ukraine, Americans can vacation like kings and queens.
Take a good look here.
Note: The graph above shows historical exchange rates between the Iceland Krona (ISK) and the US Dollar (USD) between 10/1/2008 and 3/29/2009.
Globalization is much, much more than international trade and investment. It's about connectedness and global activities.
Quick quote:
Still, the current wave of globalization has many unprecedented characteristics. As Internet access penetrates the most remote corners of the globe, it is transforming the lives of more people, in more places, more cheaply than ever before—and the pace of change is accelerating faster than we can hope to chronicle it.Read the interesting essay (that includes the above quote) about this notion in Foreign Policy, "Think Again: Globalization."
When it comes to global trade, intellectual property rights is a hot topic that causes great concern because it can slow down development efforts. It boils down to this question: How do we regulate our global knowledge economy?
Read how Carsten Fink thinks we should handle this at the International Centre for Trade and Sustainable Development (ICTSD) under:
The Global Debate on the Enforcement of Intellectual Property Rights and Developing Countries.
Or go straight for the gold by downloading PDF report (1.05 MB) here.
Note: I had a problem attempting to download report ...
What are the implications for global trade during the economic downturn?
The answer from McKinsey digital folks is here.
You've come to the right place! Just finished the LIVE event for the Small Business Online Community (powered by Bank of America). Here are some of the questions I addressed:
• Can you talk about tips related to container shipping? Also, sometimes I do not have enough merchandise to fill one container, how can I find a partner to share costs?
• How do you go about establishing a relationship with an international merchant? I was traveling and came across some innovative products that would do well in the U.S. Also, what legal or tax related issues are there with shipping goods from overseas to the U.S.?
• When do you know if it's right for your business to expand into other countries? What advantages are there?
• I would like to start a small business. What’s your advice?
• How does globalization impact neighborhood businesses? Do small neighborhood businesses like restaurants, barbershops, local retailers, etc. need to be aware of globalization? How does international trade affect those kinds of businesses, and how can an awareness of global issues make them more successful?
• Are there certain countries that are easier to export to? Why?
Find out the answers here.
International growth for Facebook has been organic, especially when users are willing to do the translation. Read more here.