By Marin Marinov, Svetla Marinova

Created from chapters that discover the influence of the worldwide problem on rising economies and corporations and their reaction to it. The ways that the best rising economies of Brazil, Russia, India and China are facing the demanding situations of the quandary are complemented by means of the tools utilized by means of nations and corporations in imperative and jap Europe.

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Emerging multinationals: Home and host country determinates and outcomes, International Journal of Emerging Markets, 5(3/4): 254–265. A. (1986). The Great Depression. New York, NY: Harcourt Brace Jovanovich. Harman, C. (2009). Zombie Capitalism: Global Crisis and the Relevance of Marx. London: Bookmarks Publications. Krugman, P. (2009). The crisis and how to deal with it. New York Review of Books, June 11: 73–76. Luo, Y. L. (2007). Introduction – International expansion of emerging market enterprises: A springboard perspective, Journal of International Business Studies, 38(4): 481–498.

Moreover, the scale of the challenge is relatively higher for emerging market MNEs: Internationalizing often at an early stage in their development (and more recently), they have had less time to develop such skills and capacities. Those emerging markets that have a longer and greater experience with OFDI have distinct advantages in this area, having been able to develop management skills, expertise, and an understanding of international markets (Jakliˇc and Svetliˇciˇc, 2010). Emerging markets MNEs that have undertaken OFDI more recently are less likely to have built up expertise and capacity in integrating acquisitions and managing foreign affiliates, a gap that may be further compounded by an unwillingness to hire non-national managers.

The rate of growth of OFDI picked up: From 8 per cent in 2008–2009, it reached 20 per cent in 2009–2010 (UNCTAD, 2011). ), as Chinese firms, unhindered by the credit crisis and taking advantage of lower asset prices, made a large number of acquisitions. Despite the apparent success of the policies implemented in mitigating the impact Geraldine McAllister and Karl P. Sauvant 29 of the crisis on the economy, concerns remain. While the measures implemented have helped Chinese firms weather the storm in the short term, will state-control hamper their ability to pursue policies based on economic objectives in the longer term?

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