Culture reflects how well you can do business
Politics is the major factor that spoils economic environment, beside natural disasters and calamities. Lets forget about the cracks within the economic theories whose implementation results catastrophic such as ‘Efficient Market Hypothesis’ nearly collapsed US economy in 2007-08. In recent days, I feel myself more interested to the cultural...
China must act tough on corruption
GROWING economic prosperity in China has given opportunity for the Chinese political elite to earn black money with political corruption believed to be slowly cracking through the walls of the tough and closed communist regime. Though slowly, the communist party has started acting. This action is likely to send...