Counterfeiting is worth between $200 and $360 billion, or 5-7% of global trade. Major brands are now spending large sums in the attempt to protect their intellectual property.

For developed countries, the effects of global aging could end up being worse than the crisis. But developing economies also stand to be adversely affected.

There are five criteria to decide whether a country can be considered a market economy as opposed to a state economy. But do all OECD countries actually meet them?

Travel retailing is an effective internationalization strategy for small luxury firms, especially if they can get a foothold among Asian shoppers.

People's thoughts and emotions do influence their economic decisions about work and family. On the other hand, microeconomic and macroeconomic events have effects on individual psychology.