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Showing posts with the label commerce

Including Investment and Labor Movement in Global Management Assessments

In today’s world, international business is a mainstay of everyday commerce and policy.   Products move across the globe and make their way into homes and lives of individuals and families at different places on the planet. Most statistics include the hard goods and services that traverse across borders but may be missing other tangible value. Dr. Predrag Bjelić discusses the inclusion of direct foreign investment and labor flow as important components of economic calculations.  Even though 2006 IMF data indicated that 75% of international trade is measured in goods the liberalization of trade has also brought with it services, investment and human capital. The latter two being something more difficult to concretely assess but should be included in the overall assessment. Understanding the flow of information along with the intellectual capital encourages a greater conception of global commerce and the antecedents to that commerce. Foreign Direct Investment (FDI) is an imp

Memorial Day-Remembrance of the Past with an Eye on the Future

Union and Confederate Soldier- Cousins, Friends or Brothers? Memorial Day is a day of vacation, fun, parks, friends, and meat on the grill. It is all of these things as well as much more. Memorial Day also includes the remembrance of those who have given the ultimate sacrifice so that the rest of us may enjoy these sunny days. As you are spending your day in carefree joy, try and keep in the back of your head the essential purpose of Memorial Day. Perhaps you want to drop a few flowers at a war veterans site and spend a moment remembering them. The history of the Memorial Day is an interesting one. It was proclaimed on May 5 th , 1868 by General John Logan. He issued the ceremony ( ) by laying flowers at the graves of both Confederate and Union graves. To him it was important to honor the dead of the country and the ultimate sacrifice they made to their nation. It was the continuous search for national truth that compelled these solder

An American Ship in Distress (1841) by Thomas Birch

American Ship in Distress (1841) Thomas Birch (1179-1851) was considered one of the first American painters to focus on maritime paintings. He completed a number of great works on the War of 1812 and the shipping industry in general. An American Ship in Distress (1841), was a large work depicting a ship that is in a hazard state after a major storm. The mast, sails and the rigging of the ship were destroyed. You can see a lifeboat being dropped into the water and the approach of two ships to help the crew. At this time the American Navy was almost non-existent and could not lend assistance. Thomas Birch immigrated to American in 1794 with his father William Birch. William made his living as painter and engraver. Both moved to Philadelphia where the family settled. Thomas's works often focused on the cultural advancement and the national economic strength of shipping in the New World. His works were copied by many admirers in the U.S. and Europe. Both John Adams and Thomas Jef