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Internet Meets the Great Wall
One of the most illuminating studies in regard to the ideology and narrative of internet is the book by Evgenij Morozov entitled The Net Delusion: The Dark Side of Internet Freedom, published in 2011. Among the central themes of the study is the recognition of the argument claiming that internet has facilitated processes of democratization in authoritarian contexts.[1] One of the most emblematic ...
A Complex Three Years that Bring Problems and Opportunities
From 2020 to today, Italian small enterprises have been living through “interesting times,” as the Slovenian sociologist Slavoj Žižek would say, to use a euphemism. In these three years, our enterprises have been affected by various types of unforeseeable and uncontrollable events: the health emergency, the war crisis, growing inflation, and most recently the energy crisis. As in the past, this ...
The Four Strategies to Promote Sustainable Practices
Without the full involvement of SMEs, the sustainable transition cannot take place. Starting from this fact, the second edition of the White paper “Fostering Sustainability in Small and Medium-sized Enterprises” produced by the SDA Bocconi Sustainability Lab and sponsored by Assicurazioni Generali, placed European SMEs even more at the center of the analysis, further investigating the evolution ...
The Myth of Guanxi: What We Really Know
Doing business in China is difficult, but there seems to be an essential element: guanxi. Guanxi means particularly precious relationships with the principal decision-makers and gatekeepers. A guanxi offers preferential treatment in bureaucratic decisions and gives access to greater business opportunities. It allows for accessing resources on little liberalized markets, such as capital and land in ...
Risks and Opportunities for Italian Businesses
In 2022, the global economy had to face considerable uncertainties, principally linked to the increase of inflation, the lack of energy, and the interruption of supply chains. Despite the difficult historical and global situation, economic and trade cooperation between the European Union and China and between Italy and China seems to maintain prospects for long-term growth. The actors involved are ...
The US Strategy to Contain Beijing
The ambitions of the new Quad largely reflect the vision of Kurt Campbell – Coordinator for the Indo-Pacific on the US National Security Council – and his team of Asia experts. Chinese assertiveness, the pandemic, and the technological revolution have accentuated the problem of numerous countries’ dependence on China for the supply of medical products, especially active principles and personal ...
The New Silk Road. One, None and a Hundred Thousand
Some time ago, a friend who works for a non-governmental organization was interviewed by a journalist regarding the risks linked to some Chinese projects to construct coal-fired power plants in a certain country of Southeast Asia. Although the local authorities had promised to work towards a carbon-free future, some of these projects had not been abandoned, and the journalist wanted to know if the ...
The Internationalization of the Chinese Currency
The net outflow of capital from China is continuing and getting worse. In recent months, according to data from the International Institute of Finance (IIF), foreign investors have sold their Chinese shares and bonds for a value equivalent to 17 billion dollars, a historic high. This sell-off, driven principally by high outgoing Chinese investments, also during the years of the pandemic, follows almost ...
The Magic Circle of Xi Jinping
The Chinese Communist Party has turned 101, and has been in power without interruption since 1949, when Mao Zedong founded the People’s Republic. Today the Party counts almost 97 million members, and its Congress, that is held in the Great Hall of the People in Tiananmen Square every five years, is the most important event in Chinese political life. It lasts about a week and takes place behind closed ...
2008-2018: How to Interpret the Post-crisis Period
This third article in the mini-series dedicated to Economia & Management ’s thirty years, concentrates on the third decade of the magazine’s history, from 2008 to 2018, with the addition of a few digressions relating to 2019.