Manufacturing is undergoing a revolution. The mass production model is being replaced by a vision of a flexible multiproduct firm that emphasizes quality and speedy response to market conditions while utilizing technologically advanced equipment and new forms of organization. The authors'...

Multinational corporations are faced with what has been called the 'liability of foreignness'--a set of costs associated with, among other things, unfamiliar operating environments, economic, administrative and cultural differences, and with the challenges of coordination over geographic...

In times of highly volatile commodity markets, governments often try to protect their populations from rapidly-rising food prices, which can be particularly harsh for the poor. A potential solution for food-deficit countries is to hold strategic reserves, which can be called on when...