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UNCTAD and its functioning. :)
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Recommandé
UNCTAD and its functioning. :)
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Similaire à Global Groupings
The Global Economic Environment 1 Interesting The Guardian story about Italy that combines Culture (population) + Political (govt business subsidies) + Economic environments https://www.theguardian.com/world/2019/sep/11/underpopulated-italian-region-molise Global Economic Environment 1 of 2 International Trade Theory firms expanding internationally must appreciate how their international activities match with a country’s goals for international trade Balance of Payments a leading indicator of the international economic health of a country and may directly influence a firm’s expansion decisions https://tradingeconomics.com/united-states/balance-of-trade Government Policy and Trade firms are directly impacted by government policies in areas such as tariffs and non-tariff barriers 3 Global Economic Environment 2 of 2 Institutions in the World Economy institutions such as the World Trade Organization and the World Bank greatly influence trade policies, and ultimately can influence a firm’s global strategy Regional Economic Integration firms generally benefit from economic integration through lower costs of doing business. However it can also lead to stronger competitors 4 International Trade Theory Why do nations trade? Key international trade theories: Absolute Advantage and Comparative Advantage Product Life Cycle – Trade patterns and production over time 5 Comparative Advantage “Different countries have dissimilar prices and costs on goods because different goods require a different mix of factors in their production and because countries differ in their supply of these factors.” (Ohlin) e.g., Can you grow salmon in Texas? 6 Product Life Cycle Four Phases of the Product Life Cycle: Phase 1: the U.S. exports the product Phase 2: foreign production starts Phase 3: foreign production becomes competitive in export markets Phase 4: import competition begins The Product Life Cycle may not explain trade and production patterns as well anymore due to: Short gap between phases “Born globals” may skip some phases 7 Product Life Cycle 1 of 3 Developed Nation (strong economy) Produces more than consumes at the beginning, then a switch 8 Product Life Cycle 2 of 3 Emerging Nation Consumes more than produces at the beginning, then a switch 9 The Consumer PLC Extending a Product in Other Markets Balance of Payments 1 of 2 The Balance of Payments (BOP) is a summary of a country's economic transactions w/the world, for a specified period of time. Current Account Goods (Merchandise) Services Unilateral Transfers http://www.bea.gov/newsreleases/glance.htm http://tse.export.gov/TSE/ https://economictimes.indiatimes.com/markets/forex/indian-rupee-hits-an-all-time-low-of-72-69-versus-us-dollar/videoshow/65769296.cms 11 U.S. Imports vs. Exports https://tradingeconomics.com/united-states/balance-of-trade Financial considerations Reflects a country’s solvency/economic health Steady loss of foreign exch.
The Global Economic Environment1Interestin.docx
The Global Economic Environment1Interestin.docx
arnoldmeredith47041
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A Presentation given for the students of MSC Food Technology for the course of Business Management and International Trade
International Marketing Environment
International Marketing Environment
Thiruchenduran Somasundaram
Chapter 1 Globalization ©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education. 1 Learning Objectives LO 1-1 Understand what is meant by the term globalization. LO 1-2 Recognize the main drivers of globalization. LO 1-3 Describe the changing nature of the global economy. LO 1-4 Explain the main arguments in the debate over the impact of globalization. LO 1-5 Understand how the process of globalization is creating opportunities and challenges for management practice. ©McGraw-Hill Education. 2 What Is Globalization? 1 of 3 Learning Objective 1-1 Understand what is meant by the term globalization. The Globalization of Markets Falling barriers to cross-border trade and investment Global tastes Benefits small and large companies Significant differences between national markets Products that serve universal needs are global Competitors may not change among nations ©McGraw-Hill Education. 3 Globalization refers to the shift toward a more integrated and interdependent world economy The globalization of markets refers to the merging of historically distinct and separate national markets into one huge global marketplace. What Is Globalization? 2 of 3 The Globalization of Production Sourcing goods to take advantage of differences in cost and quality of factors of production Early outsourcing was confined to manufacturing Technology now used for outsourcing ©McGraw-Hill Education. 4 The globalization of production refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production (such as labor, energy, land, and capital). What Is Globalization? 3 of 3 The Globalization of Production continued Robert Reich and “global products” Impediments Formal and informal barriers to trade Transportation costs Political and economic risk Coordination ©McGraw-Hill Education. 5 The Emergence of Global Institutions 1 of 6 General Agreement on Tariffs and Trade (GATT) World Trade Organization International Monetary Fund The World Bank The United Nations ©McGraw-Hill Education. General Agreement on Tariffs and Trade (GATT) International treaty that committed signatories to lowering barriers to the free flow of goods across national borders and led to the WTO. 6 The Emergence of Global Institutions 2 of 6 The World Trade Organization Polices the world trading system Ensures nation-states adhere to the rules Facilitates multinational agreements among members 164 nations account for 98 percent of world trade ©McGraw-Hill Education. World Trade Organization The organization that succeeded GATT as a result of the successful completion of the Uruguay Round of GATT negotiations. 7 The Emergence of Global Institutions 3 of 6 The International Monetary Fund Established to maintain or ...
Chapter 1Globalization©McGraw-Hill Education. All
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EstelaJeffery653
It is very hard to determine whether globalization is a good or bad thing. But after reviewing some literature, I would have to say that globalization is a good thing, despite all the critics. The most important thing is the usage of globalization to promote end of poverty.
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presentation slides on international funds flow prepared by the group members in a new way thanks guys for providing such a beneficial, knowledgeable slides.
International flow of funds
International flow of funds
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Assignment Writing Service http://StudyHub.vip/Advantages-And-Disadvantages-Of-Outsour 👈
Advantages And Disadvantages Of Outsourcing
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This is the lecture of course "Global Marketing" This slideshare network of RECONNECT will provide all the presentation related to case studies, project presentations, educational, motivational slides & much more. Follow Reconnect on slide share. Official fb page: facebook.com/reconnectt Official fb group: facebook.com/groups/reconnecting.tech/ Rights are reserved for this presentation. Please inbox 1st to get permission to use this
Global marketing - global economic environment
Global marketing - global economic environment
RECONNECT
Another institution in the news is the G20. Established in 1999, the G20 comprises the finance ministers and central bank governors of the 19 largest economies in the world, plus representatives from the European Union and the European Central Bank. Originally established to formulate a coordinated policy response to financial crises in developing nations, in 2008 and 2009 it became the forum though which major nations attempted to launch a coordinated policy response to the global financial crisis that started in America and then rapidly spread around the world, ushering in the first serious global economic recession since 1981. G20 Established in 1999, the G20 comprises the finance ministers and central bank governors of the 19 largest economies in the world, plus representatives from the European Union and the European Central Bank. ANOTHER PERSPECTIVE G20 Relevant Statistics There have been six G20 Leaders’ Summits (Washington, London, Pittsburgh, Toronto, Seoul, and Cannes). At the Leaders’ level, this is the second time, following the Republic of Korea, that an emerging country holds the presidency of the Group. Mexico will become the first Latin American country to chair the annual presidency of the Group. According to estimates by the International Labor Organization, the G20 has created or preserved between 7 and 11 million jobs by end of 2009. G20 members represent almost 90 percent of global GDP and 80 percent of international global trade; 64 percent of the world’s population lives in G20 member countries, and 84 percent of all fossil-fuel emissions are produced by G20 countries. Source: www.g20.org/index.php/en/numeralia. QUICK STUDY 1. What is meant by the globalization of markets? Which product markets tend to be the most global? 2. What is meant by the globalization of production? Why are production systems being globalized? 3. What is the main purpose of global institutions such as the WTO, IMF, and World Bank? LEARNING OBJECTIVE 2 Recognize the main drivers of globalization. Drivers of Globalization Two macro factors underlie the trend toward greater globalization.14 The first is the decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II. The second factor is technological change, particularly the dramatic developments in recent decades in communication, information processing, and transportation technologies. DECLINING TRADE AND INVESTMENT BARRIERS During the 1920s and 1930s, many of the world’s nation-states erected formidable barriers to international trade and foreign direct investment. International trade occurs when a firm exports goods or services to consumers in another country. Foreign direct investment (FDI) occurs when a firm invests resources in business activities outside its home country. Many of the barriers to international trade took the form of high tariffs on imports of manufactured goods. The typical aim of such tariffs was to protect domes.
Another institution in the news is the G20. Established in 1999, the.docx
Another institution in the news is the G20. Established in 1999, the.docx
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Current economic theory assumes that nations will voluntarily adopt “fair trade” practices. The U.S. is in a strong bargaining position to negotiate balanced trade relative to partners that drive our trade deficit – in a trade war, they have a lot more to loose. The U.S. should proactively adopt a tit-for-tat approach to foster trade liberalization and fairness or risk losing the “international trade war”. Above ‘fair trade” enforcing mechanism would provide crucial time for retraining displaced labor and/or protecting sectors impacted by unfair practices.
"Free" Trade without "Fair" Trade? -- how should the U.S. react to address ou...
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Falcon Invoice Discounting platform in india
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The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
Workforce Group
In an expanding range of tech, AI, and advanced manufacturing industries, there are growing issues and concerns for assuring: - Product safety and safety-related quality - User/patient safety - Employee/contractor safety As well as the wellbeing of other stakeholders
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Dave Litwiller
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Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
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Falcon's Invoice Discounting: Your Path to Prosperity
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Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
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Falcon's Invoice Discounting: Your Path to Prosperity
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Famous Olympic Siblings from the 21st Century
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