Raising Manufacturing From The Dead
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The document discusses the decline of manufacturing in Australia and proposes solutions to revive the industry. It attributes the decline to factors like trade union demands, small-scale production, and loss of tariff barriers. It argues that embracing free market economics through bodies like the Productivity Commission has damaged the economy. It proposes that Australia needs to increase manufacturing again by adding value to exports, developing a government plan, and supporting small-to-medium enterprises through shared logistics and compliance costs.
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Why are some places more switched on to globalisation?
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Social Studies Chapter 9 How do We Respond to Tensions Arising from some Econ...
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These slides introduce Chapter 9: How do We Respond to Tensions Arising from some Economic Impacts under Issue 3: Being Part of A Globalised World to the Secondary 3 and 4 students who are studying Social Studies for the Singapore current syllabus 2016.
These slides are divided into 3 areas.
1. Economic Impact on Country [Slide 3]
2. Economic Impact on Companies [Slide 29]
3. Economic Impact on Individuals [Slide 50]
Video
TBC
Any feedback is welcome.
Globalisation
Globalization has increased due to advances in technology and transportation. The Indian government opened the country to foreign investment in 1991, leading to globalization in various industries. Globalization integrates economies through trade, financial flows, and corporate investment between nations. It has both benefits like cheaper products and job creation, as well as drawbacks like increased competition and potential exploitation of workers. Supporters argue it improves efficiency and technology transfer, while critics say it disproportionately benefits developed countries and increases economic and political inequality between nations.
From Poverty to Power: Wealth and Poverty
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National Buy Nothing Day (400 Words) - PHDessay.C
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- Safety standards - Operations involving oil and gas extraction carry risks and BP is subject to rigorous safety standards to protect workers and the public. Accidents can damage lives as well as BP's reputation and financials.
- Disclosure and reporting - As a public company, BP must provide accurate financial reports and make proper disclosures to shareholders and regulators. Issues like the 2010 Gulf oil spill showed the consequences of lapses.
- Global operations - BP conducts business worldwide and must
Macro Eco Project
The document discusses macroeconomic factors that influence recessions and recoveries. It suggests that for an economy to recover from recession, emerging economies should consume more and save less, while developed economies should save more and consume less. This allows demand and markets to recover through increased consumption in emerging markets and increased savings in developed markets. Government fiscal and monetary policies can encourage these behaviors through tax benefits, government spending, unemployment insurance, interest rates and required cash reserves.
Ibm notes
This document defines key terms and concepts in international business. It discusses how international business involves cross-border transactions and consists of both private and public activities that cross national boundaries. Managing international business is more complex than domestic business due to differences between countries, more complex problems, and needing to work within government regulations and manage currency conversion. Multinational enterprises take a global approach across domestic and international markets. International business management involves coordinating resources within and across borders to achieve organizational goals in a dynamic global environment.
The Upside of the Downside
The document discusses how the economic crisis has changed everything and how understanding historical context is important. It summarizes that economic growth has been fueled by cheap fossil fuels but that growth cannot continue indefinitely as energy supplies become constrained. It outlines strategies for building resilient communities that can better withstand economic and energy challenges.
METP PRESENTATION.pptx
The document discusses the Prime Minister's calls for Indians to be "vocal for local" and embrace self-reliance. It defines "vocal for local" as promoting domestically made products. The idea aims to reduce reliance on imports and encourage local manufacturing. The textile industry in India faces issues like high costs and limited access to technology, but initiatives like Make in India and increased FDI are boosting the industry. The document also outlines opportunities and challenges to achieving self-reliance as well as measures needed to strengthen the textile sector.
Chapter 5 How Managers Use Balance of Payments Data – p.213Do.docx
Chapter 5: How Managers Use Balance of Payments Data – p.213
Do some research on the items in the table below and see if you see a pattern with the various country’s economies:
1. What is the G7?
2. What is the E7?
G7 Countries
Continent where the country lies
GDP
Ease of Doing Business
1.
2.
3.
4.
5.
6.
7.
NOTE: When you find the GDP (Gross National Product) note the year – you may not have 2018 statistics. That is okay –find the latest data available. You may need to search for the Ranking of Ease of Doing Business – and then find the countries that make up the G7 or the E7.
NEXT PAGE!
E7 Countries
Continent where the country lies
GDP
Ease of Doing Business
1.
2.
3.
4.
5.
6.
7.
A. Compare the 2 groups of countries – explain your findings.
Globalization Effects on Country Institutions, People and Business
Chapter 3
Key Points for the Chapter
Economic development comprises positive economic growth and entails changes in a country’s political, economic, and cultural institutions, as well as in individual values, attitudes, and behaviors.
Economic development requires resources from public and private sectors, both internal and external.
Technology transfers by international corporations comprise manufacturing technologies, management organizations, and marketing know-how.
Intro: The Economic Development Process
Economic development is the progress countries make in living standards as they experience positive economic growth and the changes occurring in societal and cultural institutions and values as nations move toward more advanced stages of industrialization.
Economic progress demonstrates human progress, and more pragmatically, it keeps politicians in power, companies busy, and consumers (and voters) optimistic about the future.
Technology Transfers
International trade, investments, and global media have opened world markets up to a variety of modernizing influences.
In general terms, technology transfers occur as corporations enter new markets with products, technologies, lifestyles, and business methods developed in their home and other international markets.
Technology transfers first affect urban segments of developing countries where there are developed infrastructures and pocket of economically significant customers.
As media become commercialization and distribution channels are built into rural areas, greater proportions of developing-country populations come into contact with modernization influences.
4
Positive Effects
Positive effects occur as societies are exposed to broad varieties of products that make lives easier.
Convenience products such as packaged foods, and consumer durables such as refrigerators, radios, televisions, and stoves have positive effects on consumer lifestyles.
New technologies in manufacturing and distribution make products cheaper and more widely available. They provide employment opportunities for lo.
Chapter 1 Fall 2008 Trends And Dynamics
The document discusses major trends affecting Canadian business, including technological changes and globalization. It notes that global trade and integration is now more advanced than in previous eras, and that Canada relies heavily on trade with the US but British Columbia trades more with Asia. It also summarizes that businesses are cutting costs through restructuring, employee empowerment and quality focus. Small businesses are dynamic and growing, especially home-based businesses. The service sector is a major source of jobs and the manufacturing sector remains important. Other trends include an aging population, environmental issues, and increasing education levels. Stakeholders' interests and the legal, economic, technological, competitive, social and global environments influence businesses.
Globalisation - Gains, Drivers and Enablers
1. Globalization can provide economic gains such as increased economic growth, higher living standards, and lower inflation by allowing for more efficient use of resources and specialization according to comparative advantage.
2. However, the benefits are not shared equally within and between countries, and economic growth risks increasing environmental damage.
3. Key drivers of globalization include the desire for economic growth, profits by multinational corporations, and free trade agreements, while technologies, foreign investment, and increased human capital and tourism have enabled greater integration.
topic 7 -group presentation assignment 8 v1.pptx
Capitalism refers to an economic system where private individuals and corporations, rather than the state, own and control production. The current global economy is largely capitalist. Under capitalism, corporations pursue profit above all else through relentless economic growth and competition. This has led to several problems, including overproduction, wealth inequality, environmental degradation, and the abuse of animals and humans for profit. Utilitarian ethics, which focuses on maximizing overall well-being, provides both advantages of economic growth through consumerism but also disadvantages like overconsumption, pollution, and stress on workers and the public.
Protectionism.ppt. by hope
This document provides an overview of protectionism and its effects on international trade. It defines protectionism as government policies that restrict free trade to protect local industries from foreign competition, through measures like tariffs, quotas, and subsidies. It then discusses different types of protectionist policies and their impacts. While protectionism aims to protect domestic jobs in the short-term, it ultimately makes countries less competitive and can strain foreign relations. The document also notes arguments for and against protectionism, and that while protection may help infant industries, it discourages innovation and leads to lower quality, more expensive domestic goods over time.
Globalization
This document discusses several topics related to globalization including: the meaning and forces behind globalization; the positive and negative effects of increased international trade, foreign direct investment, and consumerism; protectionism; and the role of the World Bank. Key topics covered are the integration of economic and cultural systems globally, debates around the impacts of globalization, and factors that influence international business activities and trade between nations.
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