Venezuela’s worsening business environment is creating significant challenges for multinational corporations with any real presence in the market. I recently travelled to Venezuela where I was able to meet with local country managers and their teams to discuss how they are adapting…
Ignoring China’s outbound traveler segment can be costly
With rapid expansion of metropolitan areas, there are 100 Chinese cities with 2013 GDP exceeding 165 billion yuan and average populations of 7 million, making Chinese cities important origin markets for tourism. Supported by urban reforms, the number of China’s…
Currency volatility impacts MNC earnings at historically high rate
Of all the change that multinational executives face in their organizations and their markets, none has been as universally painful in 2015 than currency volatility. Emerging-markets currencies have become increasingly unstable as economic and monetary policy announcements have injected a…
Amid heightened instability, scenarios to monitor in Turkey
Multinational executives are facing a period of heightened instability in Turkey as the country’s involvement in the Syrian conflict increases, the domestic struggle between the Turkish government and the armed wing of Turkey’s pro-Kurdish movement PKK resurfaces, and the question of…
Chile’s growth outlook weakens
Chile has long been perceived as one of Latin America’s most reliable economic out-performers, but on July 7, the government announced a downward revision of growth forecasts for 2015, a development which changed many observers’ perceptions of Chile’s economic health. According to…
India’s Emerging Role in your Asia-Pacific 2020 Portfolio
Last month, I had the opportunity to meet 28 Heads of Asia-Pacific in our Senior Executive Round Table and discuss the key themes that will help multinational corporations decide on the right role India will play in their Asia-Pacific portfolios. With India’s…
China’s One Belt, One Road: More than just a geopolitical game
Written by Danyi Yang & Mark McNamee Ever since Chinese President Xi Jinping proposed to build a cross-regional economic plan in 2013 to strengthen trade and investment partnerships across Asian, European and African markets, China’s “One Belt, One Road” initiative…