Tag Archives: international economies

Cuba and Vietnam: Transitioning from Command Economies to Free Market Systems

With the collapse of the Soviet Union in 1991 and free market reforms in China that has enabled it to become the world’s second-largest economy, there are only a few nations that still retain command economies. Among these are Cuba … Continue reading

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The Economies of the Indian Subcontinent: What Business Students Need to Know

India is poised to become the most populous country in the world in the next few decades, and the rapidly growing country is now the 10th largest economy in the world in terms of GDP. Mihaylo Economics Professor Dipankar Purkayastha … Continue reading

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The Transition Economies of the Former Soviet Union: What Business Students Need to Know

A quarter century ago, the Union of Soviet Socialist Republics (USSR) collapsed, ending communism in Russia and Eastern Europe. Since then, these nations have been transitioning to a free-market economy. More recently, the region has garnered significant attention as a … Continue reading

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The Economies of Latin America: What Business Students Need to Know

Taken as a whole, the nations of Latin America rank as the world’s fourth-largest economy, behind the U.S., China and the European Union. The region is particularly of interest to Southern California business students, who are only about 100 miles … Continue reading

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Putting the European Debt Crisis into Perspective

The European debt crisis has seriously affected the economies of the European Union in the past five years, imperiling the very existence of the continent’s groundbreaking monetary union and tarnishing the reputation of the economic block that was considered a … Continue reading

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