Stock exchanges, online auction sites and job sites on the Internet serve as forums where transactions can take place in the financial

Others analyze information and advise buyers and sellers; these include rating agencies, product-rating companies such as JD Power & Associates and publications that rank universities and professional schools. Private sector institutions can also facilitate transactions, either by aggregating and distributing goods and services or by creating forums where buyers and sellers can conduct their own transactions.

The aggregators – venture capitalists, private-equity firms and banks in the financial market; retailers in the product market; and to some extent, universities in the talent market – help buyers and sellers find each other. Stock exchanges, online auction sites and job sites on the Internet serve as forums where transactions can take place in the financial, product and talent markets respectively. Multinational companies enjoy an edge in the intermediaries business because they bring expertise, credibility and experience to the table. However, emerging-market companies can take them on for three reasons.

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Source:- IIPM Editorial

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Lat(e)in America? Yes, by five centuries...

Five centuries after the European conquests, Latin America is surely but steadily reasserting its independence. In the southern cone especially, from Venezuela to Argentina, the region is rising to overthrow the legacy of external domination of the past centuries and the cruel and destructive social forms that they have helped to establish.

The mechanisms of imperial control, violence and economic warfare, hardly a distant memory in Latin America – are losing their effectiveness, undoubtedly a clear sign of the shift toward independence. Washington is now compelled to tolerate governments that in the past would have drawn down intervention or reprisal from the masses. Throughout the region, a vibrant array of popular movements is providing the basis for a meaningful democracy. The indigenous population, as if in a rediscovery of their pre-Columbian legacy, are much more active and influential, particularly in Bolivia and Ecuador.

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Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative