Companies complain that the Foreign Corrupt Practices Act creates an uneven playing field when doing business abroad in places corruption flourishes. Are they right?
Helen Westerman, The Conversation and Sunanda Creagh, The Conversation
A new IMF report predicts a crackdown on cheap credit in China will help reduce China’s real GDP growth rate from 7.4% last year to 6.8% this year and further weaken demand for Australian commodities.
The latest round of quarterly results have recently come out and the likes of Apple and Boeing have announced bumper profits. Others such as Sainsbury’s and Samsung have not fared so well. So what is it…
Despite sluggishness in the world economy, global trade reached an astonishing US$23 trillion last year. The World Trade Organization has been the primary guarantor of this extraordinary growth in global…
The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…
The long and slow-stunted recovery of the eurozone economies is a major source of concern for the IMF and international bankers. Six years after the collapse of Lehman Brothers signalled the onset of the…