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Article
Publication date: 11 April 2016

Rosa Caiazza and Graziella Ferrara

In the last years global economy has become more integrated and multidirectional. Thus, in a world characterized by multiples center of economic power, firms need to…

Abstract

Purpose

In the last years global economy has become more integrated and multidirectional. Thus, in a world characterized by multiples center of economic power, firms need to define multipolar strategies based on geographical diversification in several countries that makes them able to compete with everyone, from everywhere and for everything. Despite of the relevance of such strategies, literature on this topic is almost absent. The paper aims to discuss these issues.

Design/methodology/approach

Considering the exploratory nature of the research objectives, the authors present a case study for highlighting the main challenges of cross-border M & A under multipolar-world pressures.

Findings

The paper evidences new trends in economic geography and multipolar strategies.

Originality/value

The paper offers a new perspective on multipolar strategies.

Details

Journal of Management Development, vol. 35 no. 3
Type: Research Article
ISSN: 0262-1711

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Article
Publication date: 1 October 2002

Doru Tsaganea

In this article the mathematical formula of entropy is used to evaluate the degree of anarchy specific to multipolar, bipolar, and balance of power international political…

Abstract

In this article the mathematical formula of entropy is used to evaluate the degree of anarchy specific to multipolar, bipolar, and balance of power international political systems. Several entropic properties characteristic to these systems are deduced, and it is proved that alliances decrease international systems' entropy. Each international system it is observed is characterized by a specific amount of structural strain, and that under the assumptions of structural neo‐realism the entropy and structural strain move in opposite ways. On the basis of these findings a few properties regarding the stability of international systems are divided and the effects of alliances on international structural strain are examined. In the last part of the paper theoretical conclusions are tested against three empirical cases – the Cold War bipolar system, the XIXth Century European system, and the current one. The article ends with several methodological suggestions regarding a possible generalization of the entropic model.

Details

Kybernetes, vol. 31 no. 7/8
Type: Research Article
ISSN: 0368-492X

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Article
Publication date: 2 January 2009

Marian Łukaniszyn and Adrian Młot

This paper deals with magnetic field calculations and model‐based prediction of electromagnetic torque pulsations in a brushless DC (BLDC) motor.

Abstract

Purpose

This paper deals with magnetic field calculations and model‐based prediction of electromagnetic torque pulsations in a brushless DC (BLDC) motor.

Design/methodology/approach

The impact of a Halbach‐like magnetization and a multipolar excitation of permanent magnets are analysed. The measurement results from the prototype motors are well‐compared with those obtained from the model calculations. It is shown that the cogging torque in the motor with the multipolar excitation of permanent magnets is reduced six times as compared with the conventional BLDC motor.

Findings

The proposed method provides high accuracy of the analysis of coupled electromagnetic phenomena. The comparison between measured and calculated values of electromagnetic torque, cogging torque and EMF shows a very good agreement.

Practical implications

Reduction of the machine cogging torque is essential for practical applications of DC motors, in particular in the robotics industry.

Originality/value

This paper shows that multipolar excitation contributes to essential reduction of the cogging torque in a BLDC motor. This is confirmed by high‐quality numerical models of the motor, positively verified in experiments with motor prototypes.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 28 no. 1
Type: Research Article
ISSN: 0332-1649

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Book part
Publication date: 7 January 2016

Óscar Carpintero, Ivan Murray and José Bellver

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar

Abstract

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar context. We highlight, on the one hand, how Africa remains a prominent supplier of critical minerals needed for information and communication technologies (ICT), including platinum, vanadium, coltan, chromium, manganese, zirconium, etc., and how the boomerang effect results in Africa also importing electronic waste. On the other hand, we show how the BRICS’ growth model, based on a very intensive use of natural resources acquired through international trade, is now being fuelled by Africa too. BRICS countries (especially China and India) are making foreign direct investments in Africa using their state companies to ensure the supply of natural resources under favourable economic terms. Thus, Africa appears as a disputed territory between the old domination of the advanced capitalist countries and emerging powers like the BRICS. However, this should not mask the fact that the European Union and North America are still the dominant foreign powers in the continent. Finally, we discuss which scenarios are open to further this multipolar moment, particularly in the wake of the great crisis.

Details

Analytical Gains of Geopolitical Economy
Type: Book
ISBN: 978-1-78560-336-5

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Book part
Publication date: 22 September 2015

Ray Silvius

The purpose of this paper is to examine processes of Eurasian integration and the veritable ‘culture war’ between Russia and the West over it, while contributing to the…

Abstract

The purpose of this paper is to examine processes of Eurasian integration and the veritable ‘culture war’ between Russia and the West over it, while contributing to the theoretical paradigm of geopolitical economy. This paradigm invites us to consider the multiple manifestations of an emerging multipolar world order while scrutinising the extent to which previously popular approaches to the study of international political economy were themselves enmeshed in projects, the architects of which aspired to global hegemony.

The paper employs critical historicism, an approach in which cultural difference is seen as the sedimentation of historically constituted material and ideational processes and which eschews cultural essentialism and orientalising tropes. It is through this lens that Russian state attempts at normalising Eurasian integration processes are examined.

I demonstrate that Russian state organs and officials, as well as ‘political technologists’ attempt to de-politicise processes of Eurasian integration by appealing to both the logic of cultural/civilisational compatibility of affected parties, as well as the logic of economic integration. Such portrayals invite scrutiny; however, it is important that we also consider how Eurasian integration initiatives are the product of a post-Soviet struggle over Eurasian space but represent something more than mere neo-Soviet revisionism.

The paper demonstrates its originality by situating ongoing processes of Eurasian integration within the longer post-Soviet conjuncture and amid processes of international contestation. Moreover, it situates Russian officials and political technologists as active contributors to international debates about the emerging multipolar world order.

Details

Theoretical Engagements in Geopolitical Economy
Type: Book
ISBN: 978-1-78560-295-5

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Article
Publication date: 8 April 2014

Rémi Bazillier and Julien Vauday

This paper aims to provide a theoretical approach of Corporate Social Responsibility (CSR) in order to assess whether CSR will develop as a concept pushing efficiently for

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Abstract

Purpose

This paper aims to provide a theoretical approach of Corporate Social Responsibility (CSR) in order to assess whether CSR will develop as a concept pushing efficiently for more de facto social responsibility or will become a pure marketing artefact. The trade-off between the development of CSR behaviour and lobbying over regulations is a key element that will influence the evolution of CSR. The result is that if the world consolidates or if it tends towards multilateralism to a large extent, then CSR is less likely to have an efficient impact.

Design/methodology/approach

Theoretical approach based on three fields: credence goods, greenwashing and political economy.

Findings

The coordination is harder for lobbies in the more multilateral scenario. The more politically powerful group would lose its influence on the decision body in the multipolar scenario. If lobbies keep influencing their state governments, the efficiency would also be reduced in the regionalization or multipolar scenarios. The easiness of the greenwashing strategy is also crucial in order to determine the possible evolution of the CSR as a real commitment that benefits environment and society.

Research limitations/implications

Countries may take advantage of CSR by offering an advantage to firms willing to develop CSR thanks to public regulations if greenwashing is easy and if the evolution of the world that prevails is similar to the tripolar or regionalization scenarios. This may also occur under the multipolar scenario but it would necessitate an effective international coordination.

Originality/value

This is the first work that brings together the strategic behaviour of firms with respect to Corporate Social Responsibility and political economy determinants. The predicted evolutions of these two features according to the degree of multilateralism as well as how they are intertwined are also novelties of this paper.

Details

Foresight, vol. 16 no. 2
Type: Research Article
ISSN: 1463-6689

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Article
Publication date: 7 September 2010

Stephane Girod, Joshua B. Bellin and Kumar S. Ranjan

Multinationals have always needed an operating model that works – an effective plan for executing their most important activities at the right levels of their

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2647

Abstract

Purpose

Multinationals have always needed an operating model that works – an effective plan for executing their most important activities at the right levels of their organization, whether globally, regionally or locally. The choices involved in these decisions have never been obvious, since international firms have consistently faced trade‐offs between tailoring approaches for diverse local markets and leveraging their global scale. This paper seeks a more in‐depth understanding of how successful firms manage the global‐local trade‐off in a multipolar world.

Design methodology/approach

This paper utilizes a case study approach based on in‐depth senior executive interviews at several telecommunications companies including Tata Communications. The interviews probed the operating models of the companies we studied, focusing on their approaches to organization structure, management processes, management technologies (including information technology (IT)) and people/talent.

Findings

Successful companies balance global‐local trade‐offs by taking a flexible and tailored approach toward their operating‐model decisions. The paper finds that successful companies, including Tata Communications, which is profiled in‐depth, are breaking up the global‐local conundrum into a set of more manageable strategic problems – what the authors call “pressure points” – which they identify by assessing their most important activities and capabilities and determining the global and local challenges associated with them. They then design a different operating model solution for each pressure point, and repeat this process as new strategic developments emerge. By doing so they not only enhance their agility, but they also continually calibrate that crucial balance between global efficiency and local responsiveness.

Originality/value

This paper takes a unique approach to operating model design, finding that an operating model is better viewed as several distinct solutions to specific “pressure points” rather than a single and inflexible model that addresses all challenges equally. Now more than ever, developing the right operating model is at the top of multinational executives' priorities, and an area of increasing concern; the international business arena has changed drastically, requiring thoughtfulness and flexibility instead of standard formulas for operating internationally. Old adages like “think global and act local” no longer provide the universal guidance they once seemed to.

Details

Journal of Business Strategy, vol. 31 no. 6
Type: Research Article
ISSN: 0275-6668

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Book part
Publication date: 19 November 2016

Taranza T. Ganziro and Robert G. Vambery

Abstract

Details

The Exorbitant Burden
Type: Book
ISBN: 978-1-78560-641-0

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Expert briefing
Publication date: 19 May 2015

The United States continues to export regulatory paradigms to other countries, which either adopt US ideas as national statutes or endorse multilateral standards…

Details

DOI: 10.1108/OXAN-DB199672

ISSN: 2633-304X

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Geographic
Topical
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Article
Publication date: 1 March 1991

M. Monshipouri and R. Motameni

To investigate the dynamics of the Europe ‘92 project, we have applied Johan Arndt's Political Economy Paradigm, four dimension of which are: external, internal, polity…

Abstract

To investigate the dynamics of the Europe ‘92 project, we have applied Johan Arndt's Political Economy Paradigm, four dimension of which are: external, internal, polity, and economy. These will provide us with an extensive domain of interactive and interrelated components. Our analysis of the so‐called Internal Market supports the notion that Europe '92 will be a new actor, on the global scene. This will have far‐reaching and pronounced effects on the political dynamics of the new global security system characteristics of the post‐hegemonic multipolar structures. Our arguments suggest that the long term implications of Europe '92 may well indicate cross‐border interactions among states of the magnitude that can and should integrate the U.S. and Japanese economies. Furthermore, no hegemonic power is certain to emerge from such a complex international political economy, for in a not too distant future all nations will likely have developed interests in some type of cooperation. The logical progression of this trajectory points to further predictability in and global stability for the interstate relations.

Details

International Journal of Commerce and Management, vol. 1 no. 3/4
Type: Research Article
ISSN: 1056-9219

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