Center for Emerging Markets

Most of us tend to judge our colleagues and their professionalism, trustworthiness, credibility, and communication skills through the lens of our own backgrounds and culture. Our families, countries, generations, educations, and the like, all shape how we behave and interpret the behaviors of others.

The Center for Emerging Markets sponsors TAMID @ Northeastern University's first conference.

Emerging countries have been able to make use of the liberal trade and investment regime to support their development strategies without having to adopt the full gamut of neoliberal prescriptions. This is evident in a number of ways, including dispute settlement, the use of flexibilities such as trade remedies, and resistance to the expansion of free trade disciplines. Recent research explores how different emerging countries are positioned in regards to trade and investment law, how tensions develop between development policies and the demands of trade and investment legal frameworks, and how alternative visions will be driven by pragmatism and strategic self-interest rather than neoliberal orthodoxy.

Commemorating 75 years of independence in India, the Center for Emerging Markets teamed up with the Consulate General of India, New York to host a series of high-level talks on India-U.S. partnerships for innovation. Among the esteemed attendees: India's ambassador to the U.S., Hon. Taranjit S. Sandhu.

Recent research examines 310 privately owned small and medium-sized companies from 22 transition economies in Eastern Europe and Former Soviet Republics to see how the payment of bribes affects entrepreneur perceptions of the business environment. Those who more frequently pay bribes create a “new normal” business environment that is perceived as increasingly harsh. However, for entrepreneurs who infrequently bribe, their “new normal” is likely to be perceived as more supportive of business.

Recent research examines business practices in the Arab world and how they differ from Western practices. Wasta is a practice in Arab society where people use their personal relationships to gain favor. The practice is seen differently by different groups, with some seeing it as generally desirable and others seeing it as generally undesirable but potentially necessary. Foreign firm managers operating in Arab societies will need to develop a solid understanding of the practice and its different perceptions among varying Arab groups in order to be successful in conducting business in the Arab world.

The 2022 Frontiers in International Business Conference, hosted by the Darla Moore School of Business in Charleston, South Carolina, featured a keynote talk and numerous session presentations by notable D'Amore-McKim faculty and one rising star undergraduate student.

In recent years, private entities are providing more aid to less developed countries relative to foreign governments. Recent research seeks to understand how different types of aid affect the strategic choices local firms and entrepreneurs make in the assisted markets, as well as the resulting outcomes. This will allow for better informed policy decisions that consider a more nuanced understanding of the entrepreneurial process.

India's Ambassador to the United States, Hon. Taranjit S. Sandhu, visits Northeastern University to speak at the Center for Emerging Markets as part of its Vivek and Vandana Sharma India Initiative.