Globalization:
-- Reshaping the world in the past several decades:
.. continued growth of multinationals
.. increased cross-border workers and consumers
.. increased imported goods and services
-- Effect on higher education institutions:
.. challenge to become more transnational
.. students, faculty & staff more involved in international travel/activities
.. institutions prepare students for inter-dependent world, global competence skills.
- Excerpt from: Best Practices – International Expansion
In general:
•Establish Central Clearing House
•Develop Necessary Policies & Procedures
- On a case-specific basis:
•Conduct Adequate Advance Consultations & Planning
•Comprehensive Research (U.S. & Host country laws & practices)
•Robust Due Diligence
•Obtain Internal and External Approvals
•Structure Appropriately
Please see full publication below for more information.
