Wednesday, August 22, 2007
IU Prof Writes about Wal-Mart's Success in Mexico
Wal-Mart's first international venture was in Mexico in 1991, and in economic terms it has been an outstanding success. The company is now Mexico's most important retailer and largest private employer, with almost 150,000 workers.
However, Wal-Mart's success has transformed Mexican business practices, consumption patterns and supply chains, according to Indiana University Professor James Biles (left), a specialist in economic geography.
Biles is a guest editor and contributor for a special iissue of the Journal of Latin American Geography (vol. 6, no. 2) subtitled "Globalization, Linking Scales of Analysis."
The articles demonstrate the varied nature of globalization and its political, economic and cultural consequences, according to a report from the I.U. News Bureau.
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