The US economy may plunge into a depression if the $700 billion rescue package fails to revive the ailing banking sector, says Ilian Mihov, INSEAD Professor of Economics. "The Great Depression (this time) is still unlikely but it is not impossible anymore. This is quite sad," Mihov says. The Bush administration proposed the bailout plan as US financial institutions continued to wilt under the weight of distressed financial assets. In September alone, the Federal Reserve had to rescue America's biggest mortgage lenders Freddie Mac and Fannie Mae, as well as insurance giant AIG.
http://knowledge.insead.edu/USEconomyBailout080911.cfm?vid=91
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When it comes to packaging, size matters. In a research paper, INSEAD Associate Professor of Marketing Pierre Chandon and co-author Nailya Ordabayeva, an INSEAD PhD student, found that changes in the shape of packaging or portions can have a big impact on our consumption patterns.
http://knowledge.insead.edu/SupersizingDownsizing080901.cfm?vid=90
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Managing corporate giving
Nothing galvanises people more than a global disaster. When the Asian tsunami struck in December 2004, there was an outpouring of grief, and subsequently aid and relief was shipped to the affected countries.
A recent case study conducted by INSEAD professors Margaret Hanson and Luk Van Wassenhove with research associate Orla Stapleton chronicles the changing political and social environment of global giving in the US post-9/11.
http://knowledge.insead.edu/CorporateGiving080905.cfm?vid=86
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Improving organisations through performance feedback
Performance feedback plays an important role in indicating when a firm needs to change its management strategy. It doesn't, however, indicate just what this new strategy should be, and firms do not always respond appropriately, says Henrich Greve, INSEAD Professor of Entrepreneurship and Organisational Behaviour.
http://knowledge.insead.edu/PerformanceFeedback080903.cfm |
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CEO view: Wolfgang Prock-Schauer of India’s Jet Airways
As the aviation industry faces its biggest crisis in recent history because of high fuel prices and the economic slowdown, airlines are forced to do business differently as they seek to trim operating costs ruthlessly to brace themselves for tough times ahead.
“Jet Airways is working on all areas to streamline operations including cutting loss-making routes,” says Wolfgang Prock-Schauer, CEO of Jet Airways, India's largest private airline. India’s aviation industry lost $1 billion last financial year ending March 2008 and it expects to lose another $2 billion this financial year. Jet Airways’ fuel bills have increased by $50 million a month.
http://knowledge.insead.edu/CEOJetAirways.cfm?vid=85 |
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The China Syndrome: understanding the Chinese economy
China’s economy is booming and many multinational companies are looking to tap the Asian giant’s potential. However, according to Peter Bowie, CEO of Deloitte China, foreigners wanting to do business with the Chinese appear to be ill prepared because their pre-conceived notions about China are simply outdated.
http://knowledge.insead.edu/TheChinaSyndrome080908.cfm?vid=89
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Bridging the cellular divide
Since 2003, one sector in Pakistan has seen more than eight billion dollars in investment, an increase in its customer base to 52 per cent of the population from just five per cent, has contributed to some five per cent of the country’s GDP, and been responsible for the creation of up to a million jobs.
Pakistan’s telecommunications sector has, in the span of just five years, seen mobile phone subscriptions increase to 86 million from one million. In a population of 165 million, where only 4.5 million people have fixed-line telephones, the rapid expansion of the cellular market has been nothing short of a telecoms revolution.
http://knowledge.insead.edu/CellularDivide080910.cfm |
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Opportunities and risks in magazine publishing
Setting up a new magazine is perhaps riskier now than ever before as more and more people turn to the internet for news and entertainment. Of the thousands of magazines launched each year, most fail and only some 25 per cent survive the first year, says Chris Fodor, who has three decades of experience in magazine publishing.
Still, this has not stopped either Fodor or Jasper Becker, a former Beijing bureau chief with Hong Kong newspaper, the South China Morning Post, from defying the odds and setting up their own magazines.
http://knowledge.insead.edu/OpportunitiesRisksPublishing080909.cfm?vid=92 |
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