IE Business School holds the No. 2 position worldwide in the BusinessWeek ranking of non-US MBA programs. The authors of the ranking, published every two years, pointed to the student body of IEâ??s International MBA Program as one of the key factors for success. Students on the program come from 57 countries in the five…Details
The financial crisis has led to a raft of measures by governments across the world. Most are correct but insufficient.
These are the two questions to be asked after the battery of measures we have taken to mitigate the financial crisis over the last few days. The purchase of toxic assets, the reduction of intervention interest rates to create money, the increase in the amount of deposits guaranteed by the Guarantee Fund, the direct intervention of the state in banks, assuming their commitments, the injection of liquidity by purchasing healthy assets, the injection of equity in banks with state holdings in their capital, the award of guarantees to banks so that they can fulfil their function of giving credits to families and enterprises to protect the real economy from asphyxiation, the ECBâ??s increase of the number of banks that can access direct finance due to the fact that the interbank market is not working…
The spectacle being written by economic history and which we are witnessing first-hand has astounded the global economic environment and created panic in a good number of individuals who have watched their real and financial wealth diminish, together with expectations for future income from their pensions.
What more can we do? In my classes I tell my students that we live in a world similar to a baroque altar. It is laden with decoration and components, but we canÂ´t see what holds everything up. We are incapable of differentiating the structure from the surface; we only perceive the visual impact, the grandiosity of it all. I think that if we look for the essence, we encounter two problems: the value of financial assets has fallen because they were overvalued and the financial system is no longer financing the real sector of the economy due to the danger of recession it involves. In the first case, as a result of the wealth effect, families will stop consuming and start saving and, in a recession, that is the worst thing that could happen. Consumption is 60% of the aggregate demand.
After yeas of development, e-learning, education on the Internet, or online education, has entered its “growth stage” in China. Its market scale reached RMB17.5bn in 2007, 20.7% higher than RMB14.5bn, the similar figure in 2006. As to users, there were about 12.2 million people using online education in 2007, 25.1% higher than 9.75 million, the…Details
Hello, everybody. It’s a great pleasure to introduce myself through this blog: Estela Ye Ping, alumni of IE International MBA 2004 and actual representative of IE’s China Office. Here, I would like to send a message about the launching of IE “Greater China Club” (IE GCC). There is no doubt that with China emerging as…Details