Chapter 19: Management in Developing Countries

Betty Jane Punnett

Management in developing countries A November 25, 2006 article in The Economist titled “Steel the Prize” discussed the takeover battle between Tata, an Indian conglomerate, and CSN, a Brazilian Steelmaker, for Corus—Corus is the Anglo Dutch company that absorbed British Steel (p. 64). This may be a harbinger of the face of the future—two giant companies from developing countries, fighting over a developed country asset. The Indian company Tata is emerging as a pioneer in automotive innovation, and China's carmakers continue to copy cars from traditional automakers (“Carmaking in India” 2006, p. 64); at the same time Chinese-owned businesses are investing around the world, Dubai is establishing itself as a global financial center, and small and large companies from developing countries around the world are now investing in the developed world. What literature there is on management interactions between developing and developed countries implicitly assumes that managers from developed In ...

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