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Why can't we be friends? The joys and heartaches of global shared services.(international feature)

Business Credit

| July 01, 2008 | Carr, Matthew | COPYRIGHT 2008 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Domestically, the U.S. economy has been a roller coaster ride, spurred on by a weak dollar and volatility in the energy and other commodity markets. The impacts have weighed heavily on almost every aspect of American life. Commercial and residential real estate have continued to slump as average Americans watch their equity and their dreams slip away through soaring foreclosure numbers and massive layoffs.

However, in the global marketplace, the outlook is quite different. Emerging markets are creating new opportunities and providing plenty of venues for acquisitions and substantial profits. Internationally, it has been a heyday for exporters as records in ...

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