Archive for the ‘International Business’ Category

Cultural Practices and Business Etiquette of Asian Countries

asianIt is a known fact that social traditions, culture and business etiquette of the Far Eastern and Asian countries are very much distinct from European or American business and cultural customs. That is why it is essential for every Western company or business organization, which is about to start any sort of business cooperation with Far Eastern partners and expand its activities to Asian markets, to pay proper attention on the issues of cross-cultural competence and learn more about social attitudes and approaches, business etiquette and traditions, customs, values, possible communicational challenges, etc.

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Economy Of Argentina And Opportunities For Foreign Investors

Specialists underline that the economy of Argentina has been recently on rise after the recovery from a severe economic crisis of 2001/2002. Over the last 5 years, the country’s GDP growth has been quite high: 9.2% in 2005, 8.6% in 2007 and 6.6% in 2008 (slowed down by the international financial crises). Such progress was achieved at the expense of industrialization, national debt restructuring and flexible fiscal policy of the government. Current GDP (ppp) is 585 billion USD, and GDP per capita is 14,500 USD.

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