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International Business
Chapter 3 Political Economy and Economic Development
Differences in Economic Development
Fuente: https://www.ncbi.nlm.nih.gov/books/NBK333510/figure/ch15.sec2.fig1/
Country
GNI per capita 2018
($)
GNI PPP per capita
2018 ($)
GDP Growth Rate,
2009-2018 (%)
Size of Economy
2018 GDP, ($
billions)
Brazil 9,160 16,111 3.05 1,929.71
China 10,099 16,695 10.04 14,172.20
Germany 49,692 52,896 0.95 4,117.07
India 2,188 7,194 7.11 2,957.72
Japan 41,418 44,594 0.66 5,220.57
Nigeria 2,244 5,941 5.61 447.01
Mexico 9,866 20,645 2.0 1,242.39
Russia 11,461 27,892 5.56 1,649.21
Switzerland 85,157 64,987 1.7 731.14
United Kingdom 42,036 45,642 1.9 2,809.91
United States 65,062 62,517 2.1 21,482.41
Fuente: International Business, Charles Hill
BROADER CONCEPTIONS OF DEVELOPMENT:
AMARTYA SEN
HDI by Country
INNOVATION AND ENTREPRENEURSHIP ARE
THE ENGINES OF GROWTH
Innovation & Entrepeneurship Requirements
• A Market
Economy
• Strong
Property
Rights
• Adequate
Political
System
ECONOMIC PROGRESS BEGETS DEMOCRACY
Fuente:
https://www.google.com/search?rlz=1C1GCEU_esMX858MX858&biw=1600&bih=789&tbm=isch&sa=1&ei=aJd
MXde6C4v8tAXlopHICw&q=GEOGRAPHY%2C+EDUCATION%2C+AND+ECONOMIC+DEVELOPMENT&oq=GEOGRA
PHY%2C+EDUCATION%2C+AND+ECONOMIC+DEVELOPMENT&gs_l=img.3...328185.330957..332206...0.0..2.92.2
365.32......0....1j2..gws-wiz-img.....0..35i39.XDO2WZgXISw&ved=&uact=5#imgrc=Rxvw4fycduo8jM:
THE NEW WORLD ORDER AND GLOBAL TERRORISM
Fuente: https://www.theatlantic.com/international/archive/2014/11/the-geography-of-terrorism/382915/
THE SPREAD OF DEMOCRACY
Fuente: https://freedomhouse.org/report/freedom-world/freedom-world-2017
THE SPREAD OF MARKET-BASED SYSTEMS
Fuente: https://patriotpost.us/articles/51635-trumps-record-pace-on-deregulation Fuente: http://www.politicalirony.com/2012/05/21/deregulation/
DEREGULATION
Economic Freedom Report 2018
Fuente: https://www.fraserinstitute.org/studies/economic-freedom-of-the-world-2018-annual-report
Implications of Changing Political Economy
• COSTS
• RISKS
• OVERALL
ATTRACTIVENESS
Fuente:
http://www.feedbacktoday.net/articulo/976

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Chapter 3

  • 1. International Business Chapter 3 Political Economy and Economic Development
  • 2. Differences in Economic Development Fuente: https://www.ncbi.nlm.nih.gov/books/NBK333510/figure/ch15.sec2.fig1/
  • 3. Country GNI per capita 2018 ($) GNI PPP per capita 2018 ($) GDP Growth Rate, 2009-2018 (%) Size of Economy 2018 GDP, ($ billions) Brazil 9,160 16,111 3.05 1,929.71 China 10,099 16,695 10.04 14,172.20 Germany 49,692 52,896 0.95 4,117.07 India 2,188 7,194 7.11 2,957.72 Japan 41,418 44,594 0.66 5,220.57 Nigeria 2,244 5,941 5.61 447.01 Mexico 9,866 20,645 2.0 1,242.39 Russia 11,461 27,892 5.56 1,649.21 Switzerland 85,157 64,987 1.7 731.14 United Kingdom 42,036 45,642 1.9 2,809.91 United States 65,062 62,517 2.1 21,482.41 Fuente: International Business, Charles Hill
  • 4. BROADER CONCEPTIONS OF DEVELOPMENT: AMARTYA SEN
  • 6. INNOVATION AND ENTREPRENEURSHIP ARE THE ENGINES OF GROWTH
  • 7. Innovation & Entrepeneurship Requirements • A Market Economy • Strong Property Rights • Adequate Political System
  • 8. ECONOMIC PROGRESS BEGETS DEMOCRACY Fuente: https://www.google.com/search?rlz=1C1GCEU_esMX858MX858&biw=1600&bih=789&tbm=isch&sa=1&ei=aJd MXde6C4v8tAXlopHICw&q=GEOGRAPHY%2C+EDUCATION%2C+AND+ECONOMIC+DEVELOPMENT&oq=GEOGRA PHY%2C+EDUCATION%2C+AND+ECONOMIC+DEVELOPMENT&gs_l=img.3...328185.330957..332206...0.0..2.92.2 365.32......0....1j2..gws-wiz-img.....0..35i39.XDO2WZgXISw&ved=&uact=5#imgrc=Rxvw4fycduo8jM:
  • 9.
  • 10. THE NEW WORLD ORDER AND GLOBAL TERRORISM Fuente: https://www.theatlantic.com/international/archive/2014/11/the-geography-of-terrorism/382915/
  • 11. THE SPREAD OF DEMOCRACY Fuente: https://freedomhouse.org/report/freedom-world/freedom-world-2017
  • 12. THE SPREAD OF MARKET-BASED SYSTEMS Fuente: https://patriotpost.us/articles/51635-trumps-record-pace-on-deregulation Fuente: http://www.politicalirony.com/2012/05/21/deregulation/ DEREGULATION
  • 13. Economic Freedom Report 2018 Fuente: https://www.fraserinstitute.org/studies/economic-freedom-of-the-world-2018-annual-report
  • 14. Implications of Changing Political Economy • COSTS • RISKS • OVERALL ATTRACTIVENESS Fuente: http://www.feedbacktoday.net/articulo/976