The Social Economics of Neoliberal Globalization

The recent period of intensive and extensive development of global economic integration, or globalization, has reached a crossroads. The regime of the neoliberal Great Capitalist Restoration is not sustainable and fundamental governance changes must be made. This paper adds perspective to the choices that must be made at this critical juncture of the global social economy by applying the master concepts of Schumpeter’s Creative Destruction and Polanyi’s Protective Response.

Global convergence of consumer spending: Conceptualization and propositions

The convergence versus divergence debate has persistently presented a puzzle in the scholarly literature. Forces of globalization created a wave of convergence. Yet, the recent worldwide events have changed the course of globalization, slowing its seemingly unavoidable forward direction. It is, therefore, incumbent upon international business scholars to reexamine the convergence versus divergence debate in the contemporary world economy. Despite the central role that global convergence plays in international business decisions, the literature is lacking a conceptualization of the convergence construct in terms of consumer spending behavior. Offering a new perspective derived from the convergence-divergence-crossvergence (CDC) framework and the coevolution theory, the authors define and conceptualize the convergence construct associated with consumer spending behavior. The proposed conceptual framework is comprehensive, offers refinements to the convergence phenomenon, and leads the way for further development of new theories in the international marketing domain.     

Advancing the country image construct: Reply to Samiee's (2009) commentary

This article responds to the issues Samiee (2010-this issue) raises in his recent comment on Roth and Diamantopoulos (2009). The overall focus of the criticism (Samiee, 2010-this issue) on the missing critical considerations of the study is somewhat surprising. Samiee (2010-this issue) criticizes Roth and Diamantopoulos (2009) not on what they did but on what they did not do. Such criticism would, at least in principle, be justifiable if directed at omissions that are directly relevant to the core construct of Roth and Diamantopoulos' (2009) paper, namely the country image (CoI) construct. However, most of the critical issues Samiee (2010-this issue) raises apply to research on country-of-origin (CoO) effects in general and not to Roth and Diamantopoulos' (2009) study that provides concrete guidelines on how to conceptualize and operationalize CoI in future research. This response first highlights how Roth and Diamantopoulos' (2009) study, centering on the CoI construct, differs from studies on the CoO effect. The article then directly addresses the specific critical issues Samiee (2010-this issue) raises and also discusses the relevance of CoI and CoO research. The paper concludes by suggesting that, while demanding rigor in CoO and CoI research is indeed timely and important, completely rejecting this research stream is both premature and unwise.     

Innovation generation in upstream and downstream business relationships

The purpose of this article is to examine the phenomenon of innovation generation in a firm's upstream and downstream business relationships. The study considers the role of knowledge redundancy and relational embeddedness on the generation of radical and incremental innovations. The study further considers the moderating role of complexity and globalization on the link between the independent variables and innovation generation. By deriving several theoretically sound and managerially useful propositions, this research advances knowledge in the business-to-business and innovation generation domains and offers insights for managerial practice.     

全球化时代的中国经济及其世界性影响

全球化进程决定了中国经济的高度开放,造就了双重资本积累模式,即内资主导的工业化城市化积累和外资主导的全球低端制造平台积累.这一模式加速了中国经济增长,同时削弱了经济自主.反过来,中国对世界经济造成了多方面影响,包括改变劳资利益格局,推动各国产业重组,改变金融市场结构,加强中美金融依赖等,这些影响随着中国的经济增长和结构升级将日趋显著.因此,中国必须立足内需实现可持续增长,并依靠技术创新来控制资源和环境成本.     

对全球化视野下中国城市特色危机的思考

在全球化视野下,过多"全球通"的城市规划设计理念造成了城市在发展过程中越发丧失了自我的个性,"千城一面"的现象已经严重破坏了中国城市的原有特色,并限制了城市间良性发展的协调性与互补性.研究如何保护和重塑中国城市特色,解决全球化对中国城市特色的冲击,强化城市特色对于城市现代化的良性影响作用,是目前我国地方政府在城市规划中的一项重要课题.实现城市"个性化发展"的目标不仅需要城市规划部门在规划过程中做到"对症下药",更为迫切地是需要解决当前我国地方政府在城市规划过程中的种种"短视行为".     

Examining the Effect of Globalization on Insurance Activities in Large Emerging Market Economies

This study applies the cross-sectionally augmented distributed lag long-run estimation technique alongside bootstrap panel Granger causality testing to examine the impact of globalization on insurance market activities in large emerging market economies. Economic, social and political globalization indices are considered separately. Two alternative measures of globalization (de facto and de jure) are also used in each case for our estimations. The empirical results confirm the following; first, empirical outcomes are slightly sensitive to the choice of globalization measure used. Second, cross-sectional dependence and cross-country heterogeneity exist among large emerging market economies. Third, causality varies across large emerging economies with different conditions. We make a case for de facto measures as the most appropriate since they reflect actual practices rather than policy claims. We thus reach the conclusion that all dimensions of globalization positively impact life and non-life insurance density.     

Stakeholders of the world,unite!: Hospitality in the time of COVID-19

The COVID-19 pandemic created a global, complex crisis, without a clear end in sight, presenting an existential threat to many hospitality businesses. Drawing on stakeholder theory, we develop a framework for recovery strategy development for COVID-19, which engages salient stakeholders in the process of recognizing challenges, rationalizing changes needed and refashioning ways of working. The framework is used to analyze the process of development of a recovery strategy for a boutique hotel in England, UK, via a case study methodology. The analysis brings to the fore the interdependencies between the hotel owners and its employees, customers, governments, suppliers and communities, at local, national and international levels. Moreover, the analysis shows how collaborating with these stakeholders leads to the identification of revenue streams for the hotel, operational modifications and even the development of new commercial partnerships.     

经济全球化条件下国家主权探析

Formally, national so vereign ty can be ideotified as hard and soft; social-structurally, it consists of politicat sovereign ty, economic sovereignty and cultural sovereignty. With the globalization of world economy, national sovereignty is changing. Our country is now confronted by three major challenges: the independence of economic sovereignty, the integrity of politicat sovereignty and the equality of cultural sovereignty. This research probes how to maximize national benefits under globalization.     

全球化时代:我国高等旅游教育的国际接轨

全球化的冲击给旅游业的发展带来了机遇和挑战,对未来旅游管理人才素质提出了新的要求,通过对旅游业全球化的特征、世界旅游业发展态势及中国高等旅游教育现状的分析,指出了中外高等旅游教育的差距和实现中国高等旅游教育国际接轨的途径