| |
|
In the News
Twenty-six states, including Georgia, are challenging the
constitutionality of the Affordable Care Act. If the ruling goes
in their favor, William Custer of the Center for Health Services
Research advises that it will be far from a panacea. “The bottom
line is if this law were repealed, some other law that looks very
similar would have to be enacted.” Custer told Georgia Public
Broadcasting. “Economic conditions won’t allow our current
system to be sustained.” |
Mind Your Manners
Increased use of technology in the workplace
has made people feel more bogged
down and less mindful of on-the-job
etiquette, according to Beverly Langford
of the Business Communication Program.
Case in point: Taking personal calls during
a meeting. “Don’t be a slave to your cell
phone,” Langford advised readers of
Dubai’s Gulf News. |
 Offshore Betting
Individual and institutional investors should not be deterred from making
international investments due to periods of slow growth, says Conrad
Ciccotello of the Personal Investing Program. Ciccotello told GlobalAtlanta
that although there are risks, “Over the long run companies in all these
emerging markets can expect higher returns than in the U.S.”
|
Dumb Luck?
Investments made by members of the U.S. House of
Representatives “earn statistically significant positive abnormal
returns,” outperforming the market by six percentage points,
according to Alan Ziobrowski of the Department of Real
Estate and three coauthors. Speaking with the New York Times,
Ziobrowski characterized the profits as “beyond the area that
we would call normal good fortune. It’s not rational to assume
that they are just plain dumb-lucky.” |
Out with the Old
Robert Klein of the Center for
Risk Management and Insurance
Research told Insurance Networking
News that it’s time for the United
States to adopt a more modern regulatory
regime. Characterizing U.S.
capital standards as “antiquated,”
Klein recommended adopting a
more sophisticated, model-based
approach. |
Happy Landings
2010 saw a double-digit increase in international tourism to Atlanta and the Peach State. Commenting
on the findings to the Atlanta Journal-Constitution, Debby Cannon of the School of Hospitality said that
being home to the world’s busiest airport doesn’t hurt. “Atlanta’s easy access, because of Hartsfield-Jackson International Airport, brings people to Georgia as a base for their travel.” |
 |
Yuan More
Rajeev Dhawan of the Economic Forecasting Center told Women’s
Wear Daily that the rising value of China’s currency is one of the
factors contributing to higher apparel prices at retail. “The Yuan has
been creeping up by about five percent over the last year and people
have to pass on these costs.” | Goodwill Hunting
Carriers that pocketed airline ticket taxes during the partial shutdown of the Federal Aviation Administration added millions
of dollars to their bottom lines but did so at the expense of angering customers. Chris Lemley of the Department of
Marketing told WXIA-TV that, “The first major airline that announces ‘basically we are not paying the taxes so we are going
to reduce your fare by that amount’ is going to get a tremendous lift in business.” |
Olympic Expectations
Atlantans are observing the 15th anniversary of the 1996 Summer
Olympics by debating the merits of having hosted the games. Ken
Bernhardt of the Department of Marketing told NPR that the economic
boost was big, albeit short-term. “People had very unrealistic
expectations of what the Olympics could do,” said Bernhardt. “What
reason would anybody have to expect that the expenditures would
have a big impact 15 years later?” |  |
Cause for Optimism
In an opinion editorial for the Atlanta Business
Chronicle, Tamer Cavusgil of the Center for
International Business Education and Research
(CIBER) wrote that he remained “bullish on the
global economy” because of “the dynamism
of emerging markets” and the “deep-rooted
ingenuity and creativity of American
entrepreneurs and corporations.” According to Cavusgil, “the global entrepreneurial prowess of
U.S. firms will carry us forward.” |
Beyond Basel III
Alfred Mettler of the Department of Finance appeared
on Swiss National Television to discuss proposed
changes to the nation’s banking regulations, including
the “Swiss Finish” capital requirements for its two
largest banks, which will go significantly further than
what the new Basel III framework suggests. “With
these regulations Switzerland will send out a strong
signal of stability and security from one of the leading
private banking countries in the world,” he said. |
|
| | |
Copyright © 2011 J. Mack Robinson College of Business/Georgia State University
|
 |
 |
 |
CONTENT 
