The GW School of Business hosted a group of 30 faculty members and doctoral students, representing colleges and universities from across the United States and around the world, for a five-day workshop designed to help business educators develop curricula for academic programs on doing business in developing and emerging nations. The workshop focused on providing participants with an in-depth understanding of the unique challenges facing corporations that conduct business in regions where local political, economic, legal and social institutions are often informal, in transition, or nonexistent.
The June 7-11 conference, “Succeeding in Emerging and Developing Markets: Understanding How Institutions Impact Firms and Managers,” was organized by the GW Center for International Business Education and Research (GW-CIBER). The event featured speakers from the United States Agency for International Development (USAID), the World Bank, the International Finance Corporation (IFC), and government representatives from emerging and developing countries, as well as business leaders with experience in those nations. Workshop sessions focused on issues such as why institutions are important for development, what financial capital challenges exist in developing countries and how to cope with corrupt business environments (see story, “Conundrum of Corruption”).
“There are a variety of unique challenges in putting together an effective business education program specific to doing business in developing countries,” Alexis Gaul, GW-CIBER’s administrative director, said. “This workshop provided participants with the needed tools to address those challenges.”
Posted by gwsb on June 21, 2011 | Filed under: GWSB News.