Ravi Ramamurti comments on the recent BRICS forum and its global economic output for CGTN America. Click here to watch the interview.
Ravi Ramamurti comments on China's Ambassador to the U.S. Cui Tiankai’s address to the National Governors Association for CGTN America. Click here to watch the interview.
Ravi Ramamurti weighs in on Russia hosting the 21st annual St. Petersburg International Economic Forum (SPIEF) and discusses Russia's economical growth, joined by Liu Xin and Lilit Gevorgyan. Click here to watch the interview.
Ravi Ramamurti explains the importance of Africa in the Belt and Road Initiative with CGtN America's Rachelle Akuffo. Click here to watch the interview.
Ravi Ramamurti discusses the G20 Finance Minister Summit and risks facing global trade with CGtN America's Rachelle Akuffo. Click here to watch the interview.
Ravi Ramamurti comments on Saudi Arabia's dependence on oil and trade relations with the United States and Asia. Click here to watch the video.
Ravi Ramamurti comments on why the 2016 BRICS summit was different than previous years. Click here to watch the video.
Ravi Ramamurti discusses China-Cambodia relations in terms of economics with CCTV America's Karina Huber. Click here to watch the interview.
Ravi Ramamurti comments on the effect U.S. Apple iPhones and other smartphones may have in the Chinese market. Click here to read the article.
Ravi Ramamurti comments on the effect a U.S. military confrontation in the South China Sea could have on the region's that sole-source out of Asia. Click here to read the article.
Northeastern President Joseph E. Aoun received the International Educator of the Year Award from the Academy of International Business. In addition, two D'Amore-McKim faculty members were named 2016 Academy of International Business honorary fellows, Ruth Aguilera and Alvaro Cuervo-Cazurra. Ravi Ramamurti was named an AIB fellow in 2008. Click here to read the article.
Northeastern University's Center for Emerging Markets held the seventh annual symposium in collaboration with Cornell University. Ravi Ramamurti opened and directed the discussion. Click here to read the article.
Ravi Ramamurti comments on the changes made in Asia's finances, with Singapore replacing Hong Kong as the region's top financial center. Click here to read the article.
Nikos Passas comments on how ISIL has changed how the world reacts to terrorism. Click here to read the article.
Nikos Passas testifies at a House Financial Services Committee hearing on terrorism and finance. Click here to read the article
Nikos Passas comments on Europe's response to the refugee crisis in relation to local labor markets. Click here to read the article.
Professor Ravi Ramamurti comments on the hazards U.S. firms are likely to face in sourcing products from China Click here to view the archived Webinar after Registering on the website.
Bloomberg organized a 1-hour Webinar on “Emerging Markets Outlook: Exploring new Boundaries,” on November 19, 2015 for which over 700 people registered from around the world. Prof Ramamurti was one of three featured panelists, along with the Chief Emerging Markets Strategist at Commerzbank. Click here to view the archived Webinar after Registering on the website.
Professor Ravi Ramamurti is interviewed on CCTV regarding the entrepreneurship of emerging market nations. Watch the interview here or read more about the story here.
September 21, 2015, "Looking Outward."
Professor Alvaro Cuervo-Cazurra was quoted in the Bangkok Post article on outward foreign direct investment by Thai companies. He noted that although foreign investments by emerging market firms tend to be beneficial for the companies and their home countries, government support of such investments is questionable. Prof. Pavida Pananond of Thammasat University, a former CEM Visiting Scholar, was also quoted in the article. You can read about it here.
September 10, 2015, "Singapore's Economy on the Eve of Elections."
Director of the Center for Emerging Markets, Dr. Ravi Ramamurti, discusses Singapore's current economic state on the eve of elections. Watch the interview here or read the CCTV story h ere.
September 5, 2015, "Your Money Talks."
Dr. Ravi Ramamurti was interviewed on the "Your Money Talks" program by Jerry Slusiewicz of 830 KLAA radio Los Angeles on "How China's Volatility is affecting the U.S. and the Global Economy." Click the photo to the left to listen.
August 20, 2015, "Sporting Corruption."
Dr. Nikos Passas, Professor of Criminology and Criminal Justice, was featured on the Australian radio program Mornings with Steve to discuss corruption in sports worldwide. To listen to the full interview, click here.
July 21, 2015, "New Development Banks starts business in Shanghai."
One the day when the New Development Bank of the BRICS nation was launched in Shanghai, CCTV-America interviewed Ravi Ramamurti on its likely role and relationship with other multilateral development banks.
Click here to see the video clip. Click here to view the story.
July 8, 2015. “BRICS summit begins in little known town Ufa.”
Ravi Ramamurti was interviewed on CCTV-America’s “Global Business” program about the significance of the BRICS Summit starting in Ufa, Russia, and the creation of two new multilateral development banks by these nations.
Click here to see the clip. Click here to view the article.
July 6, 2015, "Control Illicit Flows: Trade and Financial Transparency Available."
Dr. Nikos Passas wrote an article for El Mundo detailing the nature of trade, how this can become deeply corrupted, and what society must do as a globalized whole in order to combat corruption. You can read the article here.
April 6, 2015, "Fighting Corruption has to be a Collective Project."
Dr. Nikos Passas was interviewed about corruption and the economy in an article on Epoca, which can be read here.
Gulf News, March 31, 2015. Annual Investment Meeting, Convention Center, Dubai. Open Plenary Session.
Ravi Ramamurti speaking at the Opening Plenary of the 2015 Annual Investment Meeting in Dubai on March 30, 2015 attended by 1,500 participants. Other panelist included the Under Secretary General of the United Nations, Executive Director of UN-ESCWA and Secretary-General, International Chamber of Commerce.
Informal Economies, Money Laundering, De-Risking and Development: A Talk with Dr. Nikos Passas and the Inter-American Development Bank
Tune in Thursday July 23 at 10 am EST for a discussion in Spanish on informal economics, money laundering, de-risking, and development. Click here to view it on Google+ or click here to view it on YouTube.
NUCEE Welcomes WorldBoston Visitors
The Northeastern University Center for Entrepreneurship Education hosted a delegation of visitors from WorldBoston at an event organized by Professor Dan McCarthy. The guests were visiting Boston as part of an International Visitor Leadership Program, sponsored by the U.S. Department of State. Participants represented more than 20 emerging economies from across the globe, including Ghana, Guatemala, and Taiwan. Professor Sheila Puffer also shared with the group a joint research project she and Professor McCarthy are currently working on studying the diaspora from the former Soviet Union and their contributions to the U.S. innovation economy in Silicon Valley and Boston/Cambridge.
6th Annual Center for Emerging Markets Symposium: Beyond the BRICs
Second-tier emerging markets in Africa, Asia, and Latin America are booming. Should your organization enter these markets? What will it take to succeed? Participants gained insight into these inquiries during the Center for Emerging Markets 6th Annual Symposium. Read more about the event here.
News@Northeastern, June 3, 2015
CALL Volunteers Program
CALL (Cultural Agility Leadership Lab) is an exclusive partnership between Northeastern University’s D’Amore-McKim School of Business and the National Peace Corps Association, providing a turnkey solution for corporate-sponsored international volunteerism (ICV) and pro bono advisor programs. CALL was founded by Professor Paula Caligiuri who researches and teaches in the area cultural agility and global leadership development. Read about it in the Boston Globe here!
Boston Globe, May 14, 2015
Wired Magazine, January 2013 An article by Ravi Ramamurti, CEM Director and Distinguished Professor of International Business.
"Reverse Innovation's Big Impact for Consumers"
Boston.com, December 18, 2012
An article by Ravi Ramamurti, CEM Director and Distinguished Professor of International Business.
Ravi Ramamurti, CEM Director and Distinguished Professor of International Business, speaks with Economist Education about competitors in emerging markets.
March 8, 2012
news@Northeastern, September 14, 2011
Alvaro Cuervo-Cazurra, Northeastern University of international business and strategy, says that businesses must expand their operations beyond their borders to survive - especially in a world in which the communication and transportation sectors are growing like never before.
Denis Sullivan Comments on Egypt: New Normal
news@Northeastern, February 25, 2011
Denis Sullivan, Professor of Political Science, was recently featured in a February 25, 2011 news@Northeastern article discussing the impact of recent revolts in Egypt, which toppled President Hosni Mubarak. In February, only a few weeks after the revolts, Sullivan returned to Egypt to gauge the situation as both a self-described “student of Egypt” and as part of a safety assessment for the Dialogue of Civilizations program. Sullivan describes Egypt as beginning to return to normal- almost. Although there are still lingering protest activities, people for the most part are trying to return to their daily routines. When asked about the mood in Cairo, Sullivan stated: “There’s a combination of pride, optimism and caution. Egyptians are so proud of what they accomplished — a peaceful overthrow of a corrupt, horrible regime."
"India a Mix of Opportunity and Challenge for Western Multinationals"
February 17, 2011
Ravi Ramamurti, Distinguished Professor of International Business and director of the Center for Emerging Markets at Northeastern, was the first speaker on the opening panel at The Economist’s recent India Business Summit in Paris. In a recent News@Northeastern article, he discusses the opportunities and pitfalls for Western business in India.
Sullivan Comments on Egypt: Next Steps
news@Northeastern, February 15, 2011
In a February 15, 2011 Q&A with news@Northeastern, Professor of Political Science Denis Sullivan commented, along with history professor, Ilham Khuri-Makdisi, on the recent events in Egypt. They stated that the revolution in Egypt is "a turning point in the Arab world: the wall of fear has been broken, and there is no turning back." According to Sullivan and Khuri-Makdisi, the events in Egypt will have a major impact on intra-Arab politics, on US-Arab relations, and on the Israeli-Palestinian conflict.
India's 'War for Talent'
North Jersey Media Group, February 7, 2011
In an article dated February 7, 2011, Ravi Ramamurti, CEM Director and Distinguished Professor of International Business, tells North Jersey Media group that the recent HOV Services, Inc. lawsuit against Cognizant Technologies Solutions is indicative of a larger 'war for talent.' Although India has a large population, it suffers a lack of skilled workers who are "trained to the standards of US clients." As a result, there are high turnover rates among outsourcing companies, as employees move from one company to another, says Ramamurti.
"Egypt: From Social Networks to Social Movements"
Intlawgrrls.com, January 31, 2011
In a blog written in January 2011 for Intlawgrrls.com, Professor Hope Lewis of the Law School discussed the relationship between social networks and social movements in Egypt. Lewis states that the people are aware of their rights and that new technologies offer a new way to articulate them. Indeed, Lewis says "the hopes and dreams of the people in the streets sound very familiar even though new and unpredictable technologies and consequences may surround them."
Professor Ravi Ramamurti Speaks at India Business Summit
The Economist Conferences, January 25, 2011
Professor Ravi Ramamurti of the College of Business Administration spoke at The Economist's India Business Summit, which was held on January 25, 2011 in Paris, France.
Sherman Comments on Leasing Account Change
Reuters, January 3, 2011
In a recent Reuters article on the proposed FASB changes that would bring billions of dollars worth of leases onto corporate balance sheets, accounting Professor David H. Sherman, commented on the potential disruptions that may arise from the changes. Sherman states: "It's definitely going to be a disruption and [companies] would rather not have it in the middle of these uncertain economic times. There's a whole industry that's been structured around those rules. With the rule change, some leasing companies will lose a key driver of their business."
"Emerging Markets: Bubble or Growth Leader?"
Bloomberg Businessweek, October 28, 2010
In a recent Bloomberg Businessweek article, Ravi Ramamurti, director of the Center for Emerging Markets, commented upon the emerging-market bubble debate of 2010. Ramamurti argued that developing economies are struggling with their newfound riches: “They are not desperate for capital inflows, and currency appreciation is hurting their exports.” Currently, opinions amongst investors are divided between “those who predict an emerging-market bubble and those who see a permanent shift in global equities…Many investors now worry that the ardor for emerging markets will destabilize the global economy. Others see a long-overdue rebalancing.”
"One Culture's Favor is Another's Bribe"
news@Northeastern, October 27, 2010
The recent “Symposium on Managing Favors in a Global Economy” held at Northeastern University, drew top international business scholars from seven U.S. states and three continents. The event, organized by professors Sheila Puffer and Daniel McCarthy, was sponsored by the College of Business Administration’s Center for Emerging Markets, and funded by the McKim-D’Amore Distinguished Professorship and the Cherry Family Senior Fellowship. The symposium focused on the requesting and providing of favors in the process of doing business. It touched on key questions: How are these gestures executed and what
are their ethical implications in emerging markets compared to developed economies? Where does the line blur between favor and bribery? A major theme of the conference, as quoted in news@northeastern, "is that whether favors are accepted and deemed ethical 'is deeply based in the culture.' Certain actions that facilitate business — in China or Russia, for example — are culturally ingrained and therefore accepted, but wouldn’t find the same acceptance in Great Britain or the United States."
Why the Future Belongs to Emerging Markets
Emerging Investor, October 19, 2010
Distinguished Professor of International Business and Director of the Center for Emerging Markets, Ravi Ramamurti, has written a column for Emerging Investor in which he discusses the role of emerging markets in the world economy. Ramamurti argues, “The rise of emerging economies is a long-term phenomenon, not a passing fad…it will be one of the defining megatrends of the 21st century.” The rise of emerging economies depends on two key factors: “Growth in the rich economies will slow relative to historical rates, while in emerging economies it will continue to be high or even accelerate.” Current conditions favorably support these expected trends.
SEC probe revisits thorny accounting questions
Reuters, Oct 14, 2010
Accounting Professor H. David Sherman responds to a recent SEC probe of Green Mountain Coffee Roasters, Inc. Sherman states: “revenue recognition has been and always will be one of the key accounting issues.” It "involves a good deal of judgment and managers naturally tilt the reporting to show their business in a good light.” As a result, revenue reporting practices remain inconsistent both across and within industries.
Profits Scarce in India
Investor's Business Daily, September 20, 2010
Ravi Ramamurti, Director of the Center for Emerging Markets, was recently quoted in an Investor’s Business Daily article where he advised U.S. companies to be cautious regarding India's growing economy. Ramamurti warns, “Multinational companies are lured into China and India by the promise of top-line growth, but oblivious to the challenges of achieving bottom-line growth." Although India’s economy has experienced high growth, foreign entrants face several challenges: price competition, stringent government policies, rising costs of raw materials, and tight consumer budgets. Furthermore, Ramamurti states: “local companies…often know better what local customers value. Many MNCs (multinational companies) are forced to slice their margins to unattractive levels just to stay in the game."
Big US Banks Go Global in Fair-Value Fight
American Banker, August 31, 2010
H. David Sherman, Professor of accounting, was featured in an American Banker article where he talked about the repercussions of a controversial Financial Accounting Standards Board proposal aimed at using fair-value as the default standard for all assets and liabilities. The proposal conflicts with FASB’s goal of converging U.S. and international accounting standards. Sherman states: "Even if you thought neither system was better or ideal, at this moment to come out with this divergence is really kind of shocking…Not only is it a lot of change, it's also very costly for companies at a time when the world economy is in miserable shape and nobody wants to spend more money than they have to.”
Ravi Ramamurti dicusses India’s burgeoning infrastructure industry
India New England, Aug 17, 2010
On August 3, 2010, IndUS Entrepreneurs Boston chapter sponsored an event on “Infrastructure and the Path Forward” to discuss the growing infrastructure industry in India. Three panelists, including Ravi Ramamurti, Distinguished Professor of International Business and director of the Center for Emerging Markets, discussed the successes and challenges faced by India’s government regarding infrastructure projects. Ramamurti stated, “Private-public partnerships between the Indian government and private equity firms are central to the success of India’s current and future [infrastructure] projects.” However, he cautioned that India must first address problems such as homelessness, as infrastructure development may displace homeless people who are unable to find low-cost housing elsewhere.
MBA programs court minority Ph.D.s
Boston Business Journal, July 30, 2010
In a recent Boston Business Journal article, Senior Associate Dean and Dean of Faculty William Crittenden discussed a collaboration between five Massachusetts business schools- including University of Massachusetts Boston, University of Massachusetts Lowell, Bentley Univerity, Salem State College and Northeastern Univerity- formed to increase the number of minority professors. While universities usually compete for the best talent, this collaboration plans to share information about their respective PhD candidates to promote racial diversity within business faculties. Crittenden states: “We understand that students need diverse educational experience to make them culturally aware. In order to give them that diverse experience, it includes having faculty representation from the underrepresented populations.”
Trend Towards Emerging Market Economies
Emerging Investor, July 07, 2010
Ravi Ramamurti, Professor of International Business and Director of the Center for Emerging Markets, was recently featured in an article discussing the sustainability of the trend towards emerging market economies. Ramamurti states that emerging markets are the new engines of global GDP growth and will account for 60 percent or more of world GDP growth in the
coming decades. Emerging markets present various opportunities for global companies, including: a growing middle class with increasing purchasing power, an attractive base for low-cost production of goods and services, and they are the hot-beds of innovation. Ramamurti advises, “No global firm can afford to ignore these markets.” However, companies have to carefully develop a strategy for each emerging market.
The Complexities of Bank Acquisitions
Morningstar, July 01, 2010
Accounting Professor H. David Sherman was recently quoted in an article discussing the complexities of bank acquisitions. The article stated that banks purchased through FDIC brokers require complicated accounting practices. This allows banks to record distorted gains, and because surviving banks assume the loans and assets of the acquired bank, it can be difficult to predict future cash flows. As a result, the article advises investors to start asking questions if management repeatedly revises expected cash flows upward. Because disclosure quality varies among banks, reporting inconsistencies occur. “The way you make those judgments can really affect the earnings stream,” says Sherman.
"Forecasting the Impact of China's Labor Strife"
news@Northeastern June 23, 2010
Professor Ravi Ramamurti discusses China's labor struggles and their impact on the global economy. He states that recent developments in China, including wage increases and worker demands, could "open the door for other countries," allowing them to become "prime candidates for relocation" in industries such as footwear and textiles.
"How Nike is Changing the World, One Factory at a Time"
Ethisphere Magazine, June 07, 2010
In an article entitled “How Nike is Changing the World, One Factory at a Time," Christopher Robertson, Associate Professor of International Business, comments upon Nike’s approach to corporate social responsibility. Referring to international components of a supply chain, Roberts believes, “Western firms have played a significant role in raising standards in [the developing world by demonstrating] how we think, how we do things and how we treat our people.” However, Robertson admits: “It’s an uphill battle in some areas and the ebb and flow of investment into a country has major impacts on the standards and what can be done.”
Bringing Clean Water to People in Ghana
MIT.edu, April 29, 2010
Gordon Adomdza, Teaching Associate in Entrepreneurship and Innovation, was recently quoted in an MIT News article about a project that will help bring water filters to one million people in Ghana. The non-profit company Pure Home Water has so far sold over 100,000 filters to people in need and given their proven business model "they can then reinvest that money to help support the filter deployment," says Adomdza.
Potential Issues for Telecommuters
New York Post, April 5, 2010
Jay Mulki, Assistant Professor of Marketing, was quoted in an article on potential pitfalls for telecommuters. According to Mulki, "Most of the people telecommuting were doing it out of choice and saying, 'I'll have more flexibility...' That's not happening anymore. What they thought was that they would be able to balance work and life. More and more people are finding that they are not, partly because they're always tethered to the phone or voice mail or e-mail."
"India a Land of Pitfalls and Potential"
GlobalAtlanta.com, March 29, 2010
Ravi Ramamurti, Professor of international Business at Northeastern University and CEM Director, was quoted in an article regarding the potential of economic growth in India. "The state is incompetent," Ramamurti said. "As somebody said, 'China's success is because of the state and India's success is despite the state." Although India has experienced some measure of political and social problems, they have maintained steady economic growth and have become a destination for businesses and investment.
"Google stops censoring in China"
CNNMoney.com, Mar 22, 2010
Fareena Sultan, Professor of Marketing and CEM Faculty Associate, was quoted in an article about Google's recent pull-out from China. Google will now operate from Hong Kong, forcing the Chinese government to censor material they deem "controversial." Google's continued ad sales business operations on the mainland will vary depending upon mainland Chinese users' ability to access the Hong Kong site. Sultan was quoted saying, "Both parties realize they need each other, so some sort of compromise will come from this in the long run."
"CEO firings precipitated by not meeting board expectations"
Forbes, Jan 25, 2010
Research by Professor Sheila Puffer, Walsh Research Professor and Cherry Family Senior Fellow of International Business and CEM Faculty Associate, was quoted in a Forbes.com article. Professor Puffer's study, done with Joseph Weintrop of Baruch College, found that CEO firings tended to be caused by not meeting board expectations.
Online degrees increasing in popularity
Boston Globe, Jan 10, 2010
Professor Mike Zack, Executive Faculty Director of online graduate programs and CEM Faculty Associate, was quoted in an article on the increasing popularity of online degrees. Professor Zack was quoted as saying: "Our general approach has been to look at online as just another delivery method."
"Q&A with Suzanne Ogden: New Balance of Power Between the US and China?"
news@Northeastern, November 24, 2009
Professor Suzanne Ogden, Department of Political Science, discusses the changing power relationships between the US and China and the need for more subtlety in the US approach.
"The Center of Gravity is Shifting"
news@Northeastern, July 16, 2009
Professor Ravi Ramamurity, Director of the Center for Emerging Markets discusses the CEM's purpose, goals and current
Executive professor of entrepreneurship and innovation, Dennis Shaughnessy, was quoted in an article on a recent College of Business Administration course. CBA students helped locals in the Dominican Republic plan and build profitable, sustainable businesses."Profit is the key to fighting poverty," said Shaughnessy. projects.
"Social entrepreneurship: profit versus poverty"
Tonic.com, June 16, 2009
"Understanding International Markets"
news@Northeastern, June 9, 2009
CEM symposium on helping business expand their reach into emerging markets, organized and hosted by Ravi Ramamurti, CEM director and Distinguished Professor of International Business.
"Northeastern Online MBA for India Managers"
Financial Chronicle, June 02, 2009
Director of Distance Learning Programs, Dee Masiello, was quoted in an article on the new online MBA program specifically tailored for IBM managers in India. "The target is to register a maximum of 20 managers from India to reach our first year target of 50 students for this unique online MBA course," said Masiello. "The course is completely online, no residency requirement now," she said.
“India’s vote means big reforms, slowly”
Investor's Business Daily, May 21, 2009
Professor Ravi Ramamurti, director of the Center for Emerging Markets, was quoted in an article on India's recent democratic
election and the new government's propensity towards growth. "Just because the government will focus more on growth doesn't automatically mean they are going to open the floodgates to foreign direct investment," Ramamurti said. "In India's case, growth can come from giving a freer hand to the domestic private sector."
Corporate fraud scandals raise question of auditor liability
CFO.com, Mar 04, 2009
H. David Sherman, professor of accounting and former SEC academic fellow, was quoted in an article about auditor liability in connection with fraud allegations. One of the most recent examples is the Satyam Computer Services scandal involving Price Waterhouse India. Professor Sherman says that the audit firm is at fault to some extent because it did not discover the fraud issue.
"Q&A with Dennis Shaughnessy: Fighting Poverty, One Loan at a Time" news@Northeastern, April 29, 2009
An overview of mirco-finance: Is it effective in helping the poor? And how are students engaging in mirco-finance programs?
"What the Satyam Fallout Means to Offshore Outsourcing"
CIO.com, Jan 30, 2009
The Satyam scandal, the Indian IT-services industry, and US business response: an article by Professor Ravi Ramamurti, director of the Center for Emerging Markets.
Ravi Ramamurti Interview
Effective Executive, November, 2008
"India, China will lead the world with innovations"
SiliconIndia, September 24, 2008
"India, China on rise as R&D hubs"
IndUS Business Journal, September 15, 2008
“High honors, accolades for Ramamurti”
The Voice, July 3, 2008
“Lessons to be a leader”
Economic Times, June 6, 2008
“Ex-colony as proud rescuer”
Baltimore Sun, March 26, 2008
“Jaguar’s Passage to India”
Los Angeles Times, March 22, 2008
“Third World’s Corporate Giants Embarking on Global Takeovers”
Investor's Business Daily, Jan 22, 2008
“Will corruption slow growth or will growth slow corruption in India?”
Little India, January 19, 2008
“India on the Take”
Forbes, Adviser Soapbox series, November 28, 2007
“Cheap and Cheaper”
Traffic World, September 17, 2007
“NRIs turbo charge Indian businesses”
Little India, September 2007
“An Executive MBA Delivers”
Boston Globe, September 16, 2007
“Retail graft goes wholesale”
Times of India, August 26, 2007
“Will growth slow corruption in India”
Forbes, August 15, 2007