If an organization is intangibles-rich, for example, and it would like to move from a centralized to a multi-hub model, this often involves moving from single ownership of those intangibles to shared ownership using a cost-sharing agreement across the different countries where hubs are located....
The first is that the state is now much more active in economic development than at any point in recent decades. Somehow an economy must evolve from agrarian poverty to diversified industries that can compete with rivals in countries which have been rich for centuries. To do so requires infras...
In light of the uptick in security breaches, President Biden issued an executive order directing the heads of several federal organizations to create additional security guidelines surrounding the software they consume and operate. Aimed at bolstering the U.S.’s cybersecurity profile, this order has...
All along, some commentators would say, “state advances while the private sector retreats,” while others would say “POEs do a much better job than SOEs in sectors such as the internet.” While some of these narratives are not necessarily untrue, China’s “dual economic structure” as a...
use a mobile app to tell a garage that's part of the network how much power they need and how long they plan on parking. The garage will use an algorithm to decide when each EV will be charged in a way that is optimal for the entire system, thereby minimizing the cost ...
While companies don't need tohit the panic button over quantumquite yet -- it will likely be five to 10 years before the technology is ready -- that doesn't mean they can ignore it. President Joe Biden signed two quantum computingpresidential directivesin 2022, signaling it was time to ...
An additional round of COVID-19 stimulus is necessary as unemployment persists and current trends in positive cases indicate further lockdowns. We expect that the Biden administration will push to have infrastructure investment included in any stimulus plan introduced in his first months in office. ...
The U.S.corporate income taxis one of the highest in the developed world and could rise further with Biden’s proposal to increase the federal corporate income tax rate from 21% to 28%. Consequently, outsourcing to countries with lower taxes and labor costs becomes an effective cost-reduction ...
Biden's 2022 fiscal year budget centered around the American Jobs Plan. TheAmerican Jobs Planis a comprehensive investment strategy aimed at creating millions of jobs and rebuilding infrastructure. It includes modernizing 20,000 miles of highways, repairing bridges, upgrading ports, and delivering bette...
While much of China's total steel production is domestically consumed, they are also the world's largest exporter of steel. In 2023, China exported 94.5 million tons of steel, far exceeding steel exports in the previous three years.4