Chinese firms hit by the U.S.-China trade war are increasingly hiring executives with international experience to help manage adversity, particularly those skilled in European markets and marketing, according to new research from the University of Michigan. (more…)
It’s not just how free the market is. Some economists are looking at another factor that determines how much a country’s economy flourishes: how smart its people are. For a study published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, researchers analyzed test scores from 90 countries and found that the intelligence of the people, particularly the smartest 5 percent, made a big contribution to the strength of their economies. (more…)
