Capturing the ricochet economy

Mahajan, V and Wind, Y (2006) Capturing the ricochet economy. Harvard Business Review, 84 (11). pp. 25-26. ISSN 0017-8012

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As waves of immigrants come to developed countries from developing ones, many policy makers tend to focus on the downsides, such as strains on social services, competition for employment, and racial tensions. Largely overlooked is a huge emerging market that is spanning national borders: purchases and investments that bounce money back to expats’ homelands. This is the “ricochet economy,” described by Vijay Mahajan and Kamini Banga in their 2006 book The 86% Solution

Item Type: Article
Subjects: Business and Management
Date Deposited: 26 Oct 2014 06:47
Last Modified: 10 Jul 2023 15:48

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