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Medientyp: E-Artikel Titel: The global recession issue: Introduction—Part II Beteiligte: Shoham, Amir Erschienen: Wiley, 2011 Erschienen in: Thunderbird International Business Review, 53 (2011) 2, Seite 189-194 Sprache: Englisch DOI: 10.1002/tie.20400 ISSN: 1096-4762; 1520-6874 Schlagwörter: Political Science and International Relations ; Geography, Planning and Development ; Business and International Management Entstehung: Anmerkungen: Beschreibung: AbstractThe global economic crisis clearly highlighted that a multinational enterprise (MNE) must understand the national environment no less than its core business. Articles in this part deal with the impact of the crisis on five national economies: two small (Iceland and Israel), two developing (China and India), and one extremely poor (Bangladesh).This introduction also contains empirical research on the most important variable in the global crisis, the saving rate. Differences in savings between countries are not adequately explained in the current economic literature. As we show, culture variables from the Global Leadership and Organizational Behavior Effectiveness (GLOBE) study help explain the difference between saving rates in various countries. © 2011 Wiley Periodicals, Inc.