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The expert contributors contend that the past twenty years have seen an explosion in research into international SMEs, resulting in a considerable body of academic literature and thinking. This research, they argue, may merely serve to increase our lack of understanding in this area, and often results in myths and misconceptions upon which SME policies and support programmes have been developed and introduced. They go on to suggest that academic models are often poorly suited to the problems that businesses actually encounter and policy makers and government agencies thus fail to keep up with the pace of change in the global trading environment. In many instances, the contributors find SMEs at the vanguard of the challenge to accepted business practices: it is these challenges that underpin the text.Illustrating that today?s SMEs are faced with the critical issue of how to create and maintain a sustainable competitive advantage in light of the increased complexity of international trade and global business linkages, this Handbook will prove invaluable to both academics and practitioners involved in business and management and entrepreneurship..
Unimpeded world trade is still a dream. We may have virtually eliminated borders, but persistent discriminatory measures within borders in the shapes of restrictive investment policies, inappropriate regulatory interference, and restraints on competition still have the power to stifle foreign entrants to domestic markets. Completing the World Trading System proposes to confront these trade-distorting forces at a new round of the World Trade Organization (WTO). Drawing on many years of international trade law practice and policymaking, the authors present a detailed agenda designed to: deepen market access for all goods, services, and intellectual property facilitate and protect investment by foreign enterprises overcome disparities of national regulatory schemes ensure nondiscriminatory business operation in foreign markets reinforce and support evolving international economic realities This timely, forward-looking book also shows how major regional trading arrangements have in fact achieved deeper economic integration than the WTO regime. Incorporating this evidence--as well as other proposals from the academic and policy communities-- Completing the World Trading System crystallizes the most important trends in current international trade law.
This book is based on A Trading Desk's View of Market Quality, a conference hosted by the Zicklin School of Business on April 30, 2002. The text includes the edited transcripts of each panel as well as separate presentations by two distinguished industry officials, Joel Steinmetz, who at the time was Senior Vice President, Equities, Instinet Corporation, and Laura Unger, formerly Acting Chairperson and Commissioner of the U.S. Securities and Exchange Commission. This book is not simply a historical record of the conference. It is also an exposition of the complex issues raised by the industry experts and speakers in attendance. Therefore, we introduced new material from foll- up interviews with many of the panelists so that the final result would be a more valuable document. Our intention was to examine the discussions with a critical eye, then modify or expand various sections to reflect contemporary conditions. In addition, we have included a paper by Ozenbas, Schwartz and Wood (see Chapter 8, page 151) that provides further analysis on the connection between market quality and intra-day 1 volatility that was noted several times during the conference. During the production process, we worked with the panelists, and took pains not to put words in their mouths. They have all approved the final draft of the manuscript, and we thank them for their assistance and patience.
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