Outsourcing is being transformed; digitalisation, automation, the Internet of Things, these are only a few of the elements that are shaping it now. All of these factors, as well as the outcome of the recent EU referendum in the United Kingdom and the subsequent Brexit are all coming together to reduce the existing out sourcing landscape to ashes, not only on the domestic market here in the British Isles but also further afield. Continue reading The Global Outsourcing Industry — the Rise of the Phoenix
Want to drive a BMW? Easy, just make your contribution to the creation of a Central European (V4+) Innovation Hub! Continue reading CEE — Do We Need a Launch Pad For Our On-Site Tech Intelligence in the Silicon Valley
While the legal situation for gays and lesbians in post-communist Europe has witnessed some marked improvements over the past 25 years, social attitudes towards homosexuality in the Eastern half of the continent remains less positive. Continue reading LGBT in CEE — A New Acceptance Is Being Born From Migration
When talk turns to Belarusian exports, a popular picture emerges for most foreigners, of Belarusian vehicles — well-known timber and mighty mining trucks, time-proven tractors and chipping machines and many more. Production of the huge, state-owned manufacturers was a successful export product for many years and a symbol of the Belarusian economy. But what does the big picture of the country’s exports look like now and what are the challenges it has to overcome? Continue reading Belarus: Changing Old Ideas And Mixing With the New in Belarus’ Export Market
Romania has come a long way in the last twelve months. The technocrat government that was imposed on the country, following the resignation of the former Social Democratic Party (PSD) prime minister, has seen the country enter a period of quiet expansionism. Continue reading Romania Surviving the Waves of Recent Political Tsunamis in Europe
These days, there isn’t a company that would not acquire intangible assets. Tax regulations in Poland, just as in other European countries, define intangible and legal assets in a different way to accounting regulations. In addition to this, balance sheet amortisation can also be done in a different manner: independent of tax depreciation. So, in these cases, companies use depreciation rates as they are stipulated in tax regulations if this is possible, and legal. However, they do need to calculate a deferred tax, using the temporary differences between the accounting and tax depreciation and intangible assets value. Continue reading Are There Differences Between How Tax Regulations in Poland and IAS Treat Intangible Assets?
2016 has been a year of great challenges for Europe: the migration crisis which has brought up a discussion on how to tackle the immigration issue and the migrant quotas within the European Union; the terrorist attacks, the latest in Nice, France, where over 80 innocent people celebrating France’s National Day were killed; the last few weeks’ notable intensification of ceasefire violations in eastern Ukraine; the NATO Summit in Warsaw which has resulted in four multinational battalions being deployed to the bloc’s eastern flank and finally, the results of the EU referendum in the United Kingdom. Continue reading United or Divided? Europe in the Face of the Challenges of Tomorrow
Recent statistics, for example, those from the Brookings Institution, prove there have been impressive reductions in the percentage of people living in poverty. Is the problem solved and should we all applaud? Well, no, as progress in improving people’s lives has been uneven at best. Often, economic growth has depended on industrial, agricultural, and economic processes that are not environmentally sustainable and which, in many cases, produce social inequity. While it was once assumed that economic growth would solve most problems, it is now clear that social and environmental improvements do not necessarily accompany sustainable economic growth. Continue reading Measuring Growth of Societies with GDP Alone Shows an Incomplete Picture
Belarusian President Alexander Lukashenko and members of the Belarusian Government have repeatedly and harshly criticised Moscow’s trade policy with its allies, during recent integration summits: the Eurasian Economic Union (EEU) Summit in Astana, the Forum of Regions in Minsk and in bilateral meetings with the Russian leadership. Continue reading The Eurasian Economic Union Fails to Bring Belarus Closer to Big Brother
It’ll take at least a $1.5 worth of net foreign direct investment (FDI) to stimulate economic growth in Belarus in 2016. These words were said by Belarusian President Alexander Lukashenko, in his annual Address to the Belarusian Nation and National Assembly. A statement of this calibre would seem to be targeting European investors, given the EU Foreign Affairs Council’s decision to lift the bulk of the restrictive measures against Belarus. Continue reading Will European Business and Institutions Bolster the New Trends That Have Appeared in Belarus?
Silicon Valley is an almost mythical synonym for the home, in the minds of virtually everyone, to many of the world’s largest high-tech corporations and thousands of start-up companies. It has grown into an unprecedented economic powerhouse the size of which is well worth investigating. Continue reading Big Fish, Small Fish, Where to Fish? On the Eve of the Fourth Industrial Revolution
Historically, decisions related to corporate international expansion have been about investment in physical assets such as office buildings, roads, airports, factories, dams, labs and science parks. Continue reading Global Expansion in the Digital Age