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February 1, 2002

In this issue’s guest editorial, Dr Manesh L Shrikant examines the Indian family business scene and the challenges it faces in achieving future growth and prosperity

The landscape ofIndian family managed businesses (FMBs) is in a state of disequilibrium, even turmoil, as evidenced from certain performance paradoxes given in Table 1, on the next page. Analysis is not easy and future prognosis is even more difficult. However, by examining the evolution of India and its businesses, it is clear that certain challenges must be met for Indian businesses and India as a nation to move forward and prosper.

The business context

January 1, 2002

In our guest editorial, Jean-Pierre Lehmann discusses family business as a major force in world economic prosperity for the 21st century

The next quarter-century could see either unprecedented wealth creation or economic and social cataclysms that could be potentially devastating. One of the criteria for determining whether the first scenario plays out will be the degree of robustness with which family businesses will emerge and fare in the developing economies. There is a lot at stake and a good deal that the industrialised world can (and should) do to facilitate and accelerate the process.

The state of the world economy

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