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Between the privatization of state-owned monopolies on the one hand and advances in information technology and e-commerce on the other, European economies are undergoing drastic changes to keep up with the times. Module one of this program focuses on institutional change, as the British electricity market undergoes privatization, while module two examines technological change through the case study of the German online bookstore ABC Bucherdienst,...
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In this program, noted correspondent Paul Solman inquires into how Japan's star economy fizzled out-and why America deceived itself regarding Japan Inc. Seth Sulkin, President of Pacifica Corporation; Professor Yoshi Tsurumi; and investment banker Eugene Dattle present crony capitalism, flawed financial institutions, a dearth of skilled public regulation, and Yakuza involvement as factors that led to bursting Japan's economic bubble. But not all pundits...
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A good business plan is a roadmap to success. The three modules of this program look at the process of creating a business plan from three different perspectives: the transformation of an idea into a marketable product, the determination of financial feasibility, and negotiation with potential investors. German airship manufacturer Cargolifter, the Swiss musical production Space Dream, and data broadcasting innovator The Fantastic Corporation serve...
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Supply and demand is the basic relationship that fundamentally shapes any market-based economy. Module one of this program shows how S&D sets the price of a rose at the Aalsmeer flower auction in the Netherlands; module two reveals how Germany's Flensburger shipyard has survived in a shrinking market through capacity planning; and module three demonstrates how quality decisions ultimately led Bianchi to victory in the Giro d'Italia bicycle race.
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As Asia embraces free enterprise and its attendant changes, women are experiencing the challenges of shifting roles more than any other group. This program profiles three businesswomen who discuss their success in commerce, society, and at home: Joyce Ma, who introduced European designer fashion to Hong Kong; Yoshiko Shinohara, founder of Tempstaff, the second-largest temporary employment agency in Japan; and Asma Abdullah, a human resources specialist...
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Globalization is uniting the people of planet Earth as political and economic forces work to create a more centralized world. Internal affairs of sovereign nations are no longer off limits to the global community, and the principle of humanitarian intervention is gaining widespread acceptance. This program documents the efforts of nongovernmental organizations such as Oxfam and the World Wildlife Fund to take collective action on issues of international...
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While governments and industries reshape the world on a grand scale, countless individuals have pledged themselves to facilitating change at the grassroots level, one village at a time. This program interviews North American and European volunteers and the people in developing countries who are receiving their humanitarian and political assistance. By living together and sharing cultural experiences, both volunteers and aid recipients are helping...
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Faced with increasing cuts in government aid, grassroots organizations in the industrialized world are learning valuable lessons from their counterparts in developing countries. Never having had government funding, third-world assistance programs are showing them how to implement support-free community-based initiatives. This program demonstrates how "sweat equity" and other techniques are being used to help people cope with two of the downsides of...
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The fashion business is renowned for its competitiveness. How, then, do emerging fashion entrepreneurs get a foothold in this fast-paced field? Fashionable Business answers that question through the stories of three up-and-coming labels from Down Under-Dhini, Trimapee, and MaterialByProduct-and the visionary young designers behind them. Topics range from where they get their ideas and inspiration, to fabric types and manufacturing processes, to the...
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For families throughout Asia, meals are a central event. It is also likely that more business deals are concluded in dining rooms than boardrooms. This program examines the importance of family and food to Asian business sensibilities. The program looks at Dr. Geoffrey Yeh and his children, who run Hsin Chong, one of Hong Kong's biggest construction firms; and Dato' Hamdan Mohamad, a major shareholder and chief executive of Ranhill, Malaysia's biggest...
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Despite unprecedented growth in the world economy as a whole, some 1.5 billion people in developing countries live in extreme poverty, and the living conditions for twice that number are almost as deplorable. This program investigates how both trade and financial aid are being used to help Costa Rica and other third-world nations bridge the technological divide and gain much-needed know-how so that they can improve their ways of life and prosper in...
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An uncompromising look at child exploitation, this ABC News program features investigative filmmakers Len Morris and Robin Romano, who have exposed child labor operations around the globe. A gravel quarry in India, a Kenyan coffee plantation, a fishing platform on the Sea of Sumatra, even farms in the United States-the program shows how extensively these and other locations depend on child workers. With commentary from children risking reprisals in...
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All over the world, green enterprise is growing. This program focuses on the catalyst that is transforming Earth-friendly businesses into paying ventures: a thing that economists call externalities. In Mexico, coffee growers use collective bargaining to create a more secure market. In Tanzania, where malaria is rampant, a mosquito net manufacturer makes good by marketing social change. In Brazil, babassu nut farmers preserve their traditional business...
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Alice Shreeve and Hannah Coniam are the founders/designers for Belle & Bunty, London. Their trendy garments can be found in upscale boutiques and in the pages of Vogue, Glamour, and Elle-but they have yet to turn enough profit to expand their business or even pay themselves a wage. In this program, mentor John Boyle advises the duo to strenuously build their brand image to help them secure investment that will enable them to take their company to...
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More than a decade after NAFTA went into effect, many Mexicans are worse off than before. What went wrong, and why? Focusing on the clothing industry, this program goes straight to the experts south of the border-a shop owner, a factory manager, employees under constant threat of layoff, and an economics professor-to find out. A general inability to compete with Chinese manufacturing is blamed, along with the Mexican government's failure to improve...
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Although it is a crucial aspect of modern food technology, quality control may also be the biggest challenge for any food-producing company. This program identifies quality standards that exist in various parts of the world, explores ways of measuring and monitoring quality, and looks at who is responsible for QC within a large food manufacturer. Students are introduced to HACCP and GMP systems for assuring quality and safety in food, and manufacturer...
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How to deal with the different countries and complexities of Asia? Those without the language and a knowledge of customs and trade regulations are the outsiders, those with these tools are the insiders. This program presents three businessmen who bridge cultures, enabling their companies to thrive abroad: Shoza Honda, chairman of Spike, an Australian Internet company launching a branch in Japan; Arun Abey, executive chairman of IPAC Securities, an...
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A growing number of investment firms and individual investors are guided by the triple bottom line of human dignity, environmental stewardship, and financial profit. This program looks at the growth of socially responsible investing, or SRI, as a successful approach for portfolio managers, venture capitalists, and individual investors. Outlining the "three pillars" of SRI-company screening, community investing, and shareholder activism-the program...
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In an age of globalization, companies are scrambling to blend the ideals of social justice with the concept of a free-market economy. Drawing on case studies from around the world, this program focuses on progressive efforts being made by businesses to unite profits and principles. Issues under consideration include the practice of social responsibility through ethical investment policies and codes of conduct, the human and environmental costs of...
20) The Love economy
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What forms the bedrock of America's wealth? Home ownership? Small businesses? Wall Street? This program lays out an entirely different economic conception, pointing to the vast amount of unpaid labor and services that keep the rest of society afloat. Riane Eisler, author of The Real Wealth of Nations, analyzes the significance of volunteer work, medical support provided by family members, and other hidden or uncompensated labor. Activist Vandana Shiva...