Anthony J. Pennings, PhD

WRITINGS ON DIGITAL STRATEGIES, ICT ECONOMICS, AND GLOBAL COMMUNICATIONS

Barry Obama and the Hawaii’s Multi-Ethnic Economic Transformation

I use President Obama’s high school name “Barry” to mark the specific time period I want to refer to in this post. He returned from Indonesia in 1971 and lived in Honolulu until he graduated from Punahou High School in 1979. During that time he would have been exposed to an extraordinary political transformation in […]

Geopolitical Risk and the Information Standard

I’ve often used Walter Wriston’s “Information Standard” as part of an analytical framework for understanding the global economy and the implications of emerging financial practices. Maybe not with all the connotations as the Citicorp CEO Walter Wriston conceived it, but the basic idea that the gold-backed international currency framework that shaped the global economy after […]

Factors Establishing the Feasibility of Global E-Commerce

The advent of global e-commerce emerged out of a unique combination of economic, political, and technological circumstances during the 1990s. The following is a partial list of influential events that led to its development. The fall of the Berlin Wall and the Communist USSR bloc meant the world was no longer significantly divided by Cold […]

How IT Came to Rule the World-The Information Standard and Other Sovereignties

President Nixon’s decision to close the gold window in 1971 signaled a dramatic shift in the US international financial policy and the future of the world political economy. The move largely meant the end of the containment of international finance set up at the end of World War II. No longer was the US constrained […]

How IT Came to Rule the World, 2.2: Eurodollars, Petrodollars

How did this world of global digital monetarism emerge? How did fluid capital transcend the containment policies and boundaries erected in the period up to 1970s to develop in the 1980s and beyond into a global financial environment where computerized algorithmic trading have created complex high transactional volume markets for an array of currency derivatives, stock index futures, CDOs and other computer based financial instruments?

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  • About Me

    Professor and Associate Chair at State University of New York (SUNY) Korea. Recently taught at Hannam University in Daejeon, South Korea. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, media economics, and strategic communications.

    You can reach me at:

    anthony.pennings@gmail.com
    anthony.pennings@sunykorea.ac.kr

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    The opinions expressed here do not necessarily reflect the views of my employers, past or present.