Two New Books from Noted Economist Panos Mourdoukoutas Explore the Global Businesses of New Century

November 9, 1998 -- Panos Mourdoukoutas, a resident of Plainview, N.Y. and a professor of economics at the C.W. Post Campus of Long Island University in Brookville, N.Y., is releasing two books in 1999 based on his research of the European and Asian economies. Both books are from Quorum Books, a division of Greenwood Publishing Group Inc. of Westport, Conn. To purchase the books call (203) 226-3571, fax: (203) 222-1502, web site: www.greenwood.com.

China Against Herself Innovation or Imitation in Global Business?
Will China's growing economy outstrip the economic power of Japan and the advanced industrialized democracies of the West? The answer is "no," according to Yuko Arayama and Panos Mourdoukoutas, authors of the soon to be released book China Against Herself: Innovation or Imitation in Global Business? For China to continue its phenomenal growth, it needs to sustain a huge world market for its products and the technological and organizational capacity for innovation. In a well thought-out analysis, the authors explore why China cannot secure these economic conditions, its role in the world economy and its strengths in low-cost mass-production.

Yuko Arayama teaches and conducts research in economic theory and applied economics and is director of the Contemporary Japanese Economic Research Program at Beijing University. Panos Mourdoukoutas is a professor of economics at the C.W. Post Campus of Long Island University in Brookville, N.Y. where he teaches and conducts research on the Japanese and Asian economies.


The Global Corporation: The Decolonization of International Business

The business climate of the new millennium is seeing the "multinational corporation" being replaced by the "global corporation," according to a soon-to-be-released book by Panos Mourdoukoutas.

In The Global Corporation: The Decolonization of International Business, Dr. Mourdoukoutas asserts that the global corporation is actually a network of independent entrepreneurs who are changing the face of business. Since they are liberated from the control of headquarters, they are empowered to implement a new vision to the overall enterprise, its competitive strategies and its internal coordination and communication.

Drawing upon his decades of experience as a business and government consultant, Dr. Mourdoukoutas examines the distinctions between "corporate colonialism" and the emerging globalization of business, whereby a parent company treats each international business organization as a single, integrated regional or global market. The global corporation sets up autonomous divisions or forms partnerships to handle each product line for the entire region or world market. In this network organization, the parent company plays the role of support office for the individual divisions, which are treated as equals. The basic structure consists of a "support level" that handles company-wide concerns, and a "unit level" that deals with unit-specific concerns. The two-level management structure is integrated and reinforced by a corporate vision as well as effective communication and incentive structures.

For more information call the C.W. Post Public Relations Office at (516) 299-2333 or e-mail pr@cwpost.liu.edu or send mail to: Long Island University, C.W. Post Campus, 720 Northern Blvd., Brookville, New York 11548-1300.

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