
International Business Today The Rise of State Capitalism with Alvaro Cuervo-Cazurra
๐๏ธ Is the era of free-market capitalism ending? ๐
From Intel's government stake to China's reassertion of state control, governments worldwide are increasingly intervening in markets through ownership, mandates, and ideological influence. For multinational corporations, navigating this shift requires new skills in political strategy and stakeholder management.
๐๏ธ In the latest episode of International Business Today, "The Rise of State Capitalism with Alvaro Cuervo-Cazurra," host Ravi Sarathy sits down with Professor Alvaro Cuervo-Cazurra, expert on state-owned enterprises and global strategy, to explore:
๐ฏ How state capitalism differs from free markets and communism ๐ข Why governments use prices, mandates, and ownership to control economies ๐ผ National champions and sovereign wealth funds as instruments of state power ๐ How multinationals should adapt when competing against state-owned firms
๐ก Whether you're a business executive, policy analyst, or student of international business, this episode reveals how the pendulum is swinging back toward government intervention and what companies must do to succeed in this new reality.
About the guest: Alvaro Cuervo-Cazurra is the CEM Chair of Global Sustainability and Professor of International Business and Strategy at Northeastern University's D'Amore-McKim School of Business. He is a fellow of the Academy of International Business and editor of The Oxford Handbook of State Capitalism and Firm Strategy. His research examines how institutions and government ownership impact internationalization and firm performance, with a focus on emerging markets and state-owned enterprises.
Learn more about Alvaro Cuervo-Cazurra: https://damore-mckim.northeastern.edu/people/alvaro-cuervo-cazurra/
๐บ Watch on Episode: https://youtu.be/hOXRxQ9rMVE ๐บ Watch on YouTube: https://www.youtube.com/@InternationalBusinessToday ๐ง Listen on Spotify: https://open.spotify.com/show/2y21XexVdXEiTBdZQIuSyf ๐ง Listen on Apple Podcasts: https://podcasts.apple.com/sg/podcast/international-business-today/id1665009512
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