With globalization a reality, companies no longer have a choice about whether to do business across borders. But it contains hidden risks—and firms need strategies and tactics for recognizing and managing those risks. In Global Edge, Joel Kurtzman and Glenn Yago offer two breakthrough tools for better managing the hard-to-see perils of going global. Their CLEAR framework explains the specific—and potentially expensive—challenges businesses face overseas: corruption, the legal system, enforcement policy, accounting standards and governance, and regulatory developments. And the Opacity Index (a proprietary tool updated online for readers) measures how countries are ranked relative to each CLEAR factor, so companies can balance their exposure. Drawing on a decade of fieldwork with companies and governments, the authors present a new way to anticipate, analyze, and manage hidden global business risks. In an age when a systematic understanding of global risks is still in its infancy, this insightful and practical guide takes the subject from the realm of academic interest and plants it squarely in management circles.

Over the last quarter century, no other city like Miami has rapidly transformed into a global city. The Global Edge charts the social tensions and unexpected consequences of this remarkable process of change. Acting as a follow-up to the highly successful City on the Edge, The Global Edge examines Miami in the context of globalization and scrutinizes its newfound place as a major international city. Written by two well-known scholars in the field, the book examines Miami’s rise as a finance and banking center and the simultaneous emergence of a highly diverse but contentious ethnic mosaic. The Global Edge serves as a case study of Miami’s present cultural, economic, and political transformation, and describes how its future course can provide key lessons for other metropolitan areas throughout the world.

Winner, 1995 American Sociological Association Robert E. Park Award? Projecting fantasies of wealth and excess, Miami, "America's Riviera," occupies a unique place in our national imagination. Uncovering the hidden story of this dreamlike place, Portes and Stepick explore the transformations of Miami from a light-hearted tourist resort to a troubled, complex city.

As globalization creates the need for leaders who transcend national borders, this book provides an insider's view of what makes them special. This is the first book to present a framework for understanding this fast-growing and influential group and it provides tools for readers to discover their own inner competitive edge.

This book explores the malaise present in post-colonial Tonga, analyzing the way in which segments of this small-scale society hold on to different understandings of what modernity is, how it should be made relevant to local contexts, and how it should mesh with practices and symbols of tradition.

The old model of globalization—including offshoring to save money—no longer applies. Globalization now means you can better position your company for innovation and growth. To be a global leader, you must change and lead from the edge. Every day as a global leader seems to be a paradox: balancing the needs of daily operations while creating conditions that drive success in the future. Rather than try to resolve that paradox, this book helps you think about how to live within it, by developing essential traits and hearing from leaders who succeed globally. Learn from seven top executives how they shifted from individual thinkers to leading and growing organizations in an ever-changing economy. Learn the specific traits and model for business professionals to emulate and achieve success in global business enterprises. Get the on-the-ground, common-sense advice that has been applied by today’s successful global executives.

Hedge Funds sind spekulativ ausgerichtete Fonds. Händler und Anleger erfahren, wie sie globale Handelsstrategien mit technischer Analyse kombinieren, um Trends gewinnbringend zu nutzen. Der Autor untersucht die wichtigsten Märkte und erklärt, wo die Chancen am besten sind, und wie man die richtige Investition auswählt. Diskutiert wird auch die Möglichkeit, starke Marktbewegungen auszunutzen, um maximale Gewinne einzufahren - die einfachste, aber auch zugleich die risikoreichste Variante. In diesem Zusammenhang wird auch auf fundierte Strategien des Risikomanagements verwiesen, um Verluste so gering wie möglich zu halten. (11/98)