...The emergence of developed countries as major players in global business has made it more difficult for developing countries to succeed Contents The emergence of developed countries as major players in global business has made it more difficult for developing countries to succeed 1 1. Introduction 1 2. Global business of Developed Countries vs. Developing Countries 1 3. Role of International Organizations 2 4. Role of NAFTA 2 5. FDI and Global Business 3 6. Conclusion 4 References 4 1. Introduction Developing economies consist of a very diverse sort of group that includes some of large economies enjoying high economic growth rates like that of China, INDIA AND Brazil and many small economies having low rates of economic growth. The countries having high GDP growth among group of developing nations have remained able to sustain the negative impacts of financial crises very well as these were not that much affected by consequences of financial crises. There are few small or middle income economies that are quite rigid in a way that these nations depend on specific factors for development (Kose, 2013). Keeping in view the GDP growth rates of group of countries in a globe it cannot be said that developing countries do not have room for business growth but that fact is these do not have competitive advantage that can match those of developed nations and that is the reason I agree with the statement that “The emergence of developed countries as major players in global...
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...Between Developed And Developing Country. Submitted to Fahmida Hasan Department of Business Administration Submitted by |Name |ID | |Rajib Kundu |2010-2-10-329 | |Rakib Hasan Rabbi |2010-2-10-300 | |Razuan Ahmed |2010-2-10-071 | |Almahmud |2010-2-10-048 | |Showrav hasin |2010-2-10-074 | |S M Mostafizur Rahman |2010-1-10-092 | Section : 1 Course No : BUS 361 Course Name: Transmittal Letter April 4,2013 Fahmida hasan Department of Business Administration, East West University Subject: Submission of an assignment on comparison of intellectual property between developed and developing country...
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...[pic] Assignment on Intellectual Property Comparison Between Developed And Developing Countries. Submitted to Fahmida Hasan Senior Lecturer Department of Business Administration Submitted by |Name |ID | |Rajib Kundu |2010-2-10-329 | |Rakib Hasan Rabbi |2010-2-10-300 | |Razuan Ahmed |2010-2-10-071 | |Almahmud |2010-2-10-048 | |Showrav hasin |2010-2-10-074 | |S M Mostafizur Rahman |2010-1-10-092 | Section : 1 Course No : BUS 361 Course Name: Legal Environment of Business Transmittal Letter April 4,2013 Fahmida Hasan Senior Lecturer Department of Business Administration, East West University ...
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...Pros and Cons of Liberalisation , Privatisation and Globalisation (LPG) , LPG in Developed and Developing Countries LIBERALISATION The main aim of liberalisation was to dismantle the excessive regulatory framework which acted as a shackle on freedom of enterprise. Over the years, the country had developed a system of “license-permit raj.” The aim of the new economic policy was to save the entrepreneurs from unnecessary Harassment of seeking permission from the Babudom (the bureaucracy of the country) to start an undertaking. Similarly, the big business houses were unable to start new enterprises because the Monopolies and Restrictive Trade Practices (MRTP) Act had prescribed a ceiling on asset ownership to the extent of Rs. 90 crores. In case a business house had assets of more than Rs.90 crores, its application after scrutiny by the MRTP Commission was rejected. It was believed that on account of the rise in prices this limit had become outdated and needed a review. The major purpose of liberalisation was to free the large private corporate sector form bureaucratic controls. It, therefore, started dismantling the regime of industrial licensing and controls. On April 14, 1993, the Cabinet Committee on Economic Affairs decided to remove three more items form the list of 18 industries reserved for compulsory licencing. The three items were: motor cars, white goods (which include refrigerators, washing machines, air-conditioners, microwave ovens etc.) and raw hides...
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...Assisting developing countries should be the responsibility of developed countries. To what extent is this statement true? Backing to the beginning of prehistoric period when early humans inhabited the Earth, the style of humane society differed substantially to the modern one. Commonly, they presented a “nomadic hunter-gatherer” behavior which “tended to be very small and egalitarian”, according to Wikipedia (2014, ‘Prehistoric’). This means that mankind was not very numerous, and the daily routine was based on survival which just basic needs were supplied by themselves with considerable effort, involving activities, such as, hunting for food, farming, manufacturing their own clothes, and seeking for a safe shelter, usually a cave. Thus, possibly, situations of “pronounced deprivation in well-being” with “the inability to acquire the basic goods and services necessary for survival with dignity” were fairly common in that time, which is a definition of poverty according to The World Bank quoted in a Wikipedia’s publication about the subject (Wikipedia, 2014, ‘Poverty’). However, as human society grew, from the core named family, and then becoming clans, after that villages, and finally, cities and countries, more complex structures of communities were established, since survival was no longer a major challenge. In this way, other necessities were created, as well as, different specialized roles, shared resources and development of new technologies, always focusing in the enhancement...
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...between developed and developing countries. The Internet has emerged as the most rapidly adopted communication mean in history. For the last decades it has built bridges between almost all corners of the world and created the greatest depository of all kinds of information. Access to these new technologies enabled rapid development of all countries. Some states that were always lagging behind the leading countries now do have the possibility to use all facilities of the communicational breakthrough and as a result the difference between them becomes less and less noticeable. The onset of computers on the general population has given a boost to the economy in the world's market. People who weren't much aware of the world became drawn to computers, which in turn brought about the Internet, connecting the world all over. New technologies made it possible to get the information about all new inventions, to be involved in the current political and economical affairs. Third-world countries that have always been somehow separated from the other part of the world now are having the same informational base. They can apply the same technologies in their industry, use the same methods of treatment in medicine, etc. Moreover, now they have a chance to communicate with companies all over the world and get new business partners. All this helps them to get progress in the economical life and increase the level of life of their residents. Internet has influenced not only countries in general...
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...down trade and border barriers. It has brought about positive as well as negative effects to the world. This essay will examine how the outcomes of globalisation play a part in developed and developing countries and their impacts on Singapore. Technology can be described as a crucial factor for most globalisation processes. Technological advancements have brought about convenience and the world closer. A study by Martin Prosperity Institute (2011) ranked the top ten countries in terms of their investment in research and development and the majority are developed countries. There is heavy emphasis on research in the development of technology because of the enormous potential of economic growth by the possible improved efficiency and productivity in manufacturing processes. Nevertheless in developing countries, they look to immediate technology in order to combat poverty. Using science and technology, developing countries can accelerate the growth of fields such as medicine, electronics and farming techniques and these advances reduce poverty and human suffering (United Nations, 2005). However, technology does not necessarily benefit both developed and developing countries. Globalisation could result in the digital divide and this happens in all countries regardless if they are developed or developing. Those who have the financial ability will be wired and connected to the world compared to those who do not have the financial means to do so. This would beget a gap of knowledge...
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...last few decades. Both developed and developing countries are increasingly participating in globalization and becoming part of the global village. The world economy has increased significantly and countries all over the world, whether developed or developing, have seen the size of their national economies grow. Even though globalization has been beneficial for the world economy, it has led to the emergence of certain problems in different parts of the world and in both developed and developing countries. Globalization has had a tremendous positive impact on poverty reduction. The increasing integration of developing countries to the world economy has led to a reduction in extreme poverty. According to the World Bank, 52 per cent of people living in developing countries lived in extreme poverty in 1981. By 2011, this has decreased to only 17 percent. Large developing countries like India and China experienced rapid decreases in extreme poverty. While China experienced rapid economic growth due to globalization, it lifted 680 million people out of extreme poverty between 1981 and 2001. The significant reduction in poverty in the developing world shows the beneficial effect of globalization on poverty reduction. Globalization opened up developing countries to the world economy. Developing countries experienced substantial inflow of foreign direct investment, technological inflow and the opportunity to serve a substantial customer base in the developed countries. This led to the setting...
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...Key Term and Interest Developed Country The term developed country is a very interesting. This is interesting for the sheer purpose that I am from a developed country and it is interesting to see why the United States is considered developed and others are not. It can be interesting to see what the differences are between a developed and developing country. I will try and focus on how health issues are different in these countries and some of the economic ramifications. Explanation of Key Term According to Satterlee (2009), a developed nation is a nation that has great wealth and resources, as well as the knowledge to properly manage its resources to take care of the well-being of its people (p. 87). The per capita of a developed country is typically higher than less developed countries. This notion, along with other economic issues, has been used to classify countries as developed by the World Bank, the International Monetary Fund, and the United Nations. These organizations have also classified whether a country is considering developing. There are several key differences between all three that one will need to delve into much more. Major Article Summary The article I chose to focus on the most was about the oral health care systems in both developing and developed countries. Kandelman and others wrote (2012), while it is known that there are marked differences in structure and scope of health systems between countries across the world, the common purpose is improving...
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...Exam Question: Is it fair for the developed countries to expect the developing countries to limit their greenhouse gas emissions? [10 marks] Global warming is the gradual increase in the average temperature of the earth’ s atmosphere, generally attributed to the greenhouse effect caused by increased levels of pollution due to industrailisation, deforestation and the burning of fossil fuels to generate energy. Developed countries such as North America demand the developing countries to reduce greenhouse gas emissions. This has become an issue for developing countries as they finally have a chance to improve their own economic development like the developed countries had however they are being stopped from development. Most Economic Developed Countries [MEDC’s] pollute the most however they’re the least vulnerable to climate change. North America emitted between 1000- 1600 million metric tons of CO2 in the year 2000 making them the least vulnerable to climate change. Over the years MEDC’s have contributed to global warming as they were developing themselves however recently they’re slowly contributing less, since the year 2000 the percentage of global gas emissions of CO2 has decreased by 6% over the course of 10 years. As MEDC’s have already developed they have the money to invest in renewable energy resources to generate energy that contributes very little to global warming, investing in renewable energy could increase MEDC’s wealth further by selling the energy generated...
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...A developing country, also called a less-developed country, is a nation with a low living standard, undeveloped industrial base, and low Human Development Index relative to other countries. Definition Kofi Annan, former Secretary General of the United Nations, defined a developed country as follows. "A developed country is one that allows all its citizens to enjoy a free and healthy life in a safe environment." But according to the United Nations Statistics Division, And it notes that The UN also notes The World Bank classifies countries into four income groups. These are set each year on July 1. Economies were divided according to 2011 GNI per capita using the following ranges of income: Measure and concept of development The development of a country is measured with statistical indexes such as income per capita, life expectancy, the rate of literacy, et cetera. The UN has developed the Human Development Index, a compound indicator of the above statistics, to gauge the level of human development for countries where data is available. Developing countries are, in general, countries that have not achieved a significant degree of industrialization relative to their populations, and have, in most cases, a medium to low standard of living. There is a strong correlation between low income and high population growth. The terms utilized when discussing developing countries refer to the intent and to the constructs of those who utilize these terms. Other terms sometimes...
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...declining and growing populations, the ages of these populations, and how they are composed demographically. (1b) Outline What is the state of international security at this time? - power lays with developed countries, with maintainable populations - developing countries are drastically growing “where policing, sanitation and healthcare are often scarce” - relationships between the western “superpowers” and the emerging of Islamic youths from the middle east are rocky at best How is the state of international security going to shift? - the demographic weight of the world’s developed countries is going to drop, which will cause the economic power to shift onto developing countries - the world’s population will become urbanized with the largest urban centers in the world’s poorest countries How can we make this a smooth shift? - the world’s youth are concentrated in poorer, developing countries and developed countries should be prepared to educate and employ them - developed countries should be open to international immigration - reconsider the structure of global institutions such as the G-8, G-20 and NATO - developed countries should encourage families to have more children to keep the population more distributed rather than concentrated in developing countries (2) CONNECTIONS - Environment This article does not discuss environment in any significant detail. - Culture (Religion) This article discusses culture in the context of religion...
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...interdependence and growth. Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation. The main cause of globalization is influence from other, more developed, countries. Globalization is a historical process that results from human innovation and technological progress. Globalization is not an overnight solution to all of the world's problems. In fact, technology is always evolving so globalization will always be evolving as well. Skeptics of globalization argue that it is causing the world to conform to American standards, that there is a loss of culture associated with globalization, and many people in the countries being globalized do not want it to happen. No one should ever argue that globalization is perfect, because it is not. However, the concerns of skeptics can be easily alleviated. The earth is now divided into countries and continents after the big wars in the history of man. Nevertheless, there is a massive rising issue of globalization also known as free trade. Global economy is expansion of economies to the rest of the world which is demolishing industries, businesses and creating financial crisis in developing countries, on the other hand generating economical wealth in developed countries. Global economy needs national regulation and corporation should not have complete freedom. The reason is that the countries which have powerful economy can protect their own nation by limiting...
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...trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis." The primary objective of UNCTAD is to formulate policies relating to all aspects of development including trade, aid, transport, finance and technology. The conference ordinarily meets once in four years; the permanent secretariat is in Geneva. One of the principal achievements of UNCTAD has been to conceive and implement the Generalised System of Preferences (GSP). It was argued in UNCTAD that to promote exports of manufactured goods from developing countries, it would be necessary to offer special tariff concessions to such exports. Accepting this argument, the developed countries formulated the GSP scheme under which manufacturers' exports and some agricultural goods from the developing countries enter duty-free or at reduced rates in the developed countries. Since imports of such items from other developed countries are subject to the normal rates of duties, imports of the same items from developing countries would enjoy a competitive advantage. The creation of UNCTAD in 1964 was based on concerns of developing countries over the international market, multi-national corporations, and great disparity between developed nations and developing nations. The United Nations Conference on Trade and Development was established to provide a forum where the developing countries could discuss the problems relating to their economic...
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...impact of global warming，Many countries have proposed to limit greenhouse gas emissions to protect the environment. It should not be mandatory for all countries to have a limit on their greenhouse gas emissions regardless of they are a developing country, because limit carbon emissions in developing countries is not fair and if developed countries do not take into account the low-carbon development in developing countries may be lead to more emissions. Global warming emissions by the developed countries is mainly caused by large quantities of greenhouse gases, the current per capita emissions in developing countries is still far lower than developed countries. However, developing countries in the construction period must be produced to have a lot of pollution, carbon emissions will be high, the West in the development period, too, but the West is a historical account does not count, as the Anglo-American history, 1,100 tons of carbon emissions per capita in China only 66 tons, not counting the historical account is not fair for developing countries. Developed countries can not impose requirements limit carbon emissions in developing countries. In the class, we saw a movie named An Inconvenient Truth. It told us the same truth, Developed countries should take more responsibility for reducing emissions. They can not ignore the developing and developed countries are at different stages of development. Therefore, the developing and developed countries should not reduce carbon emissions...
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