...modes are exhibited in this report, which can describe a whole picture of this company’s development. In addition, based on the analysis of FDI activities, Giordano’s FDI activities have many impacts on host economies, like job creation in Indonesia. This report draws on sales data of main Asian markets and subordinate brands to analyse the trend of investment of Giordano. Korea is the most important and second market except Mainland China；The Middle East grows quickly during last decades; Singapore is a stable and profitable market. Malaysia and Indonesia are potential markets, and from a long term perspective Giordano will focus on the development of these countries. Asia is the basic market of Giordano, which conducts over 95% foreign investment there. This report applies SWOT analysis to illustrate the strengths, weaknesses, opportunities and threats, and also uses PEST analysis to explain the external factors-political, economic, social and technological, which influence the investment direction in the future. Country screening process identifies company-specific criteria, which enable them to rank countries. Giordano mainly selects countries in Asia and compares their political and economic environment, etc, Finally, Singapore, South Korea, the Middle East, Malaysia, and Indonesia are selected to be the primary markets. BCG box analyses the subordinate brand of Giordano. Finally, this report analyses the post financial crisis era of Giordano. Part...
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...ASSESSMENT 1 SUMMARY The discourse of Entrepreneurship within Middle East Countries is a primary field of interest that has received the attention of many authors and academic experts during recent times. The existing Body of Law on a comprehensive basis has adequately analyzed the way in which the scientific and economical advancements, have taken place in the Middle East area. In this point of view, late proofs have broadly confirm how despite the fact that Saudi Arabia is now considered as a growing economy which is trying to diversify its exports, mainly based on oil and natural gas, by framing and revising its legal and regulatory environment in order to foster entrepreneurship activities and the private sector interest. It leads to growing concern about the role of women in the economic environment, with legal and ethical consideration of the women’s role in the existing socio-cultural make-up of the country. The way in which countries like Saudi Arabia, have developed a domestic organized economy that is based on entrepreneurship is a hypothesis that has been widely tested and cited within the existing body of Literature. Although many academic experts believe that Middle East countries still retain a promising potential for growth (Shachmurove, 2004), major obstacles in terms of detrimental factors such as corruption, unclear regulations and reliance on oil have also recognized. Women are therefore believed to play a primary role in the entrepreneurial...
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...United States and the Middle East For the past few decades, United States foreign policy has revolved around the situation in the Middle East. This is due mostly to the fact that tensions between the United States and the Islamic countries of the Middle East are always high. Also with the United States’ most valuable resource, oil, found in highest supply in the Middle East, America has a vested economic interest into the political stability of the region. However, after a costly war in Iraq that tarnished our image not only in the Middle East but around the world and a situation in Israel that hasn’t shown any lasting progress for decades, it’s time for the United States to take another look at its political strategy for achieving lasting peace in the region. With the events of early 2011 in the Middle East, otherwise known as Arab Spring, the region has become highly unstable and vulnerable to the influences of terrorism. This is a critical time for the United States to reestablish healthy diplomatic relations in the region in order to decrease the spread terrorism and harsh anti-American sentiment as well as bring about a lasting peace. In order for America to improve its foreign affairs in the Middle East it needs to finish strong in Iraq and Afghanistan, reach a peace agreement in Israel, push for more diplomacy with Iran, and support the rebels in Syria fighting injustice. By involving the rest of the world in the current situation in the Middle East the United States...
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...The Good, the Bad and the Worst An Assessment of the U.S relations and policies in the Middle East Gold and silver where the elements of wealth during the peak of mercantilism as the sole policy back then was the 3G’s policy (God, Gold and Glory) in the reign of the British and French Empires. Oil, however, climbed to the top of the chart of the most strategic commodities starting the early years of industrialization passing by the Second World War, when the U.S. became by far the largest oil consuming nation; consuming oil at abundant rates to support their troops overseas and to maintain the high rate of consumerism of the American lifestyle in the homeland. Soon oil grabbed the attention of the top industrialist nations as the most critical element of their survival as super industrial economies to ensure their growing manufacturing base is supported by adequate oil supplies. Having almost two thirds of the oil reserve in the world, the Middle East became the center of attention for all industrial nations, some of which had more strategic plans than others. Both, Britain and the United States realized that their wealth and survival as super powers is so much correlated with their level of control and development of the Middle East oil-rich countries. However, the feasibility of running the Arabian states both politically and economically faded in the 20th century, since maintaining their administration was too expensive for the United Kingdom, and gradually started...
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...WMD proliferation, Instability in the MiddleEast, Oil supply uncertainty) Of all the political risks covered, the Iraq/Middle East threat has the greatest likelihood of triggering the other major threats. Thus, the worsening of the Iraq/Middle East situation poses the gravest threat to the growth and stability of the world economy. If the situation in Iraq further deteriorates, the threat of sectarian violence spreading in the region increases and instability results. By this threat alone, this is a serious risk. However, the chain of events it could trigger is more significant. *Increasing incentives to join terrorism The conflict in Iraq and the Middle East, where civilian lives were lost and impoverished makes it easier for terrorist groups to attract new recruits. Destruction of lives and property, as well as the resulting chaos could popularize anti-US/Western sentiment. Also, joining terrorist groups could also be an escape from the difficulty of surviving in the ongoing chaos. The threat of this new wave of terrorist activities could result in a more unsecure world, where asymmetric warfare could break out in different regions. *Worsening oil supply uncertainty As the Middle East region accounts for more than half of the world’s oil reserves, with Saudi Arabia alone accounting for 25%, the effect of an unstable Middle East directly leads to a more uncertain oil supply for the world. Over the recent years, the number of attacks on oil-producing infrastructure...
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...world will be interrogated, the challenges that face them and the means used to mitigate those problems will also be investigated. This thesis will look at the internal and external barriers that are faced by female entrepreneurs. The factors that form the conventional support network for women in business around the globe will be analyzed in a bid to show the to which they have been applied in Saudi Arabia. Using established research literature, the common problems faced by female entrepreneurs are well stated, this paper will go further to show how progress has been achieved and the factors that have facilitated a resurgence of entrepreneurship in this Middle Eastern country. Female Entrepreneurship In Saudi Arabia Female entrepreneurship in Saudi Arabia could the next frontier for the improvement of the Middle Eastern economy. A sector long overlooked due to the conservative nature of the Islamic society (Elamin & Omair, 2010), men have traditionally been looked upon to lead the way in business. However, recent development point to a paradigm shift as more Saudi women are making their mark in the business world. The female entrepreneurs need to be supported by the Saudi government to facilitate them to catch up with the global marketplace. The start-up culture is one of the likely candidates for a quick transition of women from the hitherto cultural curtain into a fast paced business environment. This paper will look into the current state of affairs regarding the participation...
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...Islam Islamic culture generally includes all the practices which have developed around the religion of Islam, including Qur'anic ones such as prayer (salat) and non-Qur'anic such as divisions of the world in Islam. It includes as the Baul tradition of Bengal, and facilitated the peaceful conversion of most of Bengal. There are variations in the application of Islamic beliefs in culture. I learn the following Their are many diverse Muslim cultural groups: the Asian Muslims, the Middle Eastern, the African, the European and the American Muslims, each with their own variations on customs and traditions. Muslims believe that the Creator of all mankind is one God (called ‘Allah’ in Arabic), and that the God of all Abrahamic religions is the same God. Muslims believe Islam is the continuation and culmination of Judaism and Christianity The traditional role of an Imam (Arabic word, meaning, ‘stand in front of’) is to lead a group in prayer, guide in the matters of worship, and perform services like marriage or funeral rites etc Cleanliness is considered of utmost importance, especially as prerequisite to prayer, for one’s person and the place of prayer. Animal saliva is considered unclean and must be washed off before prayer can be offered It is considered highly disrespectful to draw a visual representation of any prophet. The historical perspective is to discourage idol worshipping in accordance with the concept of monotheism, which is a central tenet of Islam Pork and its products...
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...Polyarchic Dilemma When we look at the Middle East and democratization, we must realize that democracy in its current form is largely a Western concept. Democracy building on the part of the US outwards is a classic example of globalization. This paper will examine two theories of globalization: the interdependency theory of Waltz and Robinson?s view of globalization as one of power politics. It will then move on to examine globalization theory in regards to democracy building. Finally, this paper will seek to examine democracy building initiatives in two countries, Iraq and Lebanon. Theories of Globalization Waltz contends that we view globalization at interdependence, and that ?interdependence [is] again associated with peace and peace increasingly with democracy.? ? People, firms, markets matter more; states matter less,? because it is the economy that drives states to make decisions. As the world becomes more interdependent on one another, decisions are made as a collective whole in the economic field, not the independent political state. In many ways, Waltz suggests that Globalism is really Americanism spread around the globe. As the Cold War ended, it become clearer that the ideology that won out, a capitalist democracy, was the winner and dominant ideology. The theology behind it was that if a country is not transparent, with a flexible free market, then it will crumble. What if a country is looking to open its economy? Waltz argues that a country wishing to...
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...2 Middle Eastern Studies Many people do not know the difference between Arabs and Muslims, but there is a huge difference. The Identity of an “Arab” is given based on a person geographical origin. For example, people of the Middle East and Northern Africa are identified as Arabs. Muslims are the people who practice Islam. A large amount of Muslims are located in the Middle East which may be why many people may not understand the Difference between and Arab and a Muslim, infact most Muslims are located in Asia primarily in Indonesia. As you know now the word “Arab” is used to identify ethinicity or nationality and the identification of Muslim is based of religion, in fact some Arabs practice christianity. For example, Syria an Arab country is 80% Christian and only 20% Muslim. The problem between identifying Muslims from Arabs is common throughout the world but maybe the United States more than any other developed country. How do we inform people about their differences? The number one way would be education and educating students about this topic. Another way to inform individuals may be advertisements for adults or even talking about it on the news. It is important for people to know the difference in identities because of all the Middle Eastern conflicts going on in todays society and because of their booming oil reserves which are crucial to our economy and who controls what. Many questions still arise about the identification of people in the Middle East. For...
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...aided in the development of president Roosevelt’s New deal, once profoundly declared, “The American economic, political, and social organization has given to its citizens the benefit of material prosperity, political liberty, and a wholesome of natural equality, and this achievement is a gain, not only to Americans, but to the world and to civilization.” The political organization Croly speaks of is democracy, which influences both the economic and social structures of regions that utilize. Because of Herbert’s quote, it is evident that democracy is a worthwhile venture—one that must be spread. It is because I agree with the legendary Herbert that I affirm today’s resolution: Resolved: The United States ought to promote democracy in the Middle East. We value a democracy” in the resolution contextualizing it as a question with the ideals of democracy presupposed. The Oxford Dictionary defines democracy as “A system of government by the whole population or all the eligible members of a state, typically through elected representatives” Prefer the Oxford dictionary because They come from the most reliable sources The most commonly used and most useful definition of a word comes first and we have used the first definitions of democracy in these dictionaries They match the definition of democracy that normal citizens would associate with the word Our value criterion will be fulfilling the obligations of the government Americans have an obligation to assist others due to the innate...
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...World Economic and Financial Sur veys Regional Economic Outlook Middle East and Central Asia 09 I N T E R N A T I O N A L M O N E T A R Y M AY F U N D W o r l d E c o n o m i c a n d F in a n c i a l S u r v e y s Regional Economic Outlook Middle East and Central Asia •••••••••••••••••••••• 09 I N T E R N A T I O N A L M O N E T A R Y F MAY U N D ©2009 International Monetary Fund Cataloging-in-Publication Data Regional economic outlook : Middle East and Central Asia. – [Washington, D.C.] : International Monetary Fund, 2009. p. ; cm. – (World economic and financial surveys, 0258-7440) ISBN 978-1-58906-842-1 “MAY09.” Includes bibliographical references. 1. Economic forecasting – Middle East. 2. Economic forecasting – Asia, Central. 3. Middle East – Economic conditions. 4. Middle East – Economic conditions – Statistics. 5. Asia, Central – Economic conditions. 6. Asia, Central – Economic conditions – Statistics. I. International Monetary Fund. II. Series: World economic and financial surveys. HC415.15.R445 2009 Please send orders to: International Monetary Fund, Publication Services 700 19th St. N.W., Washington, D.C. 20431, U.S.A. Tel.: (202) 623-7430 Fax: (202) 623-7201 E-mail: publications@imf.org Internet: www.imfbookstore.org The views expressed in this publication are those of the contributors...
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...CHAPTER 1: A GENERAL VIEW ABOUT THE MIDDLE-EAST 1. General Overview of Middle East The Middle East is a region that encompasses Western Asia and North Africa. It is often used as a synonym for Near East, in opposition to Far East. The corresponding adjective is Middle-Eastern and the derived noun is Middle-Easterner. ▪ Traditional definition of the Middle East: Egypt, Syria, Israel, Lebanon, Jordan, Iraq, Saudi Arabia, Kuwait, Bahrain, Qatar, Turkey, Cyprus, UAE, Oman, Yemen. ▪ Population: estimated 2010 about 350 million. ▪ Situated between Asia, Europe and Africa. Throughout its history, the Middle East has been a major centre of world affairs. ▪ The Middle East generally has an arid and hot climate. ▪ In modern times the Middle East remains a strategically, economically, politically, culturally and religiously sensitive region. The Middle East expected economic growth rate is at about 4.1% for 2010 and 5.1% in 2011. [pic] 2. Religions The Middle East is very diverse when it’s come to religions, many of which is originated there. Islam is the largest religion. Besides, Judaism and Christianity are also important there. There are still many branches in each religion. 1.3 Languages Three top languages based on numbers of speaker: ▪ Arabic: Arabic is the most widely spoken language in the Middle East, the influence of Arabic has been most important in Islam countries such as: Saudi Arabia, Egypt, Lebanon, Kuwait...
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...Water Wars There can be no life on Earth without water. It is indispensable for human health and well-being, for food production, and economic activities. But despite its importance, water is rarely considered as a resource in the same way as others, for example oil. Water covers more than two thirds of our planet, so to many it may seem like there is more than enough, and in most parts of the world its availability is taken for granted. However, freshwater, what we drink, bath in, and irrigate our land with, is extremely scarce. Only around 3% of the world’s water is fresh water, and about two-thirds of that is contained by glaciers, rendering it not readily available for human use. Agriculture uses more water than any other source and wastes much of it due to inefficiencies. Today more than a billion people around the globe lack access to fresh water and many of the world’s water systems have become stressed. In addition, rivers, lakes, and aquifers are becoming too polluted to use, climate change is altering weather patterns, resulting in shortages, droughts and floods. The world’s population is rapidly increasing, and at the current consumption rate the situation will only get worse. So without improved and more effective management, the availability of fresh water will more than likely not keep up with demand. It is estimated that by 2025, two-thirds of the world’s population may face water shortages. Issues related to water scarcity can obstruct the ability of nations...
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...MY DREAM HOLIDAY I am tired of the usual stuff staying in Europe, going to Spain or Portugal: having chips, getting tanned all that usual stuff. Nothing different to offer, but my dream holiday is a place where they have their unique tradition, their amazing culture and their different lifestyle. Their amazing cuisines and their way of treating people and they country I am trying to say is-Dubai. This is the place, which has mesmerised me with its huge skyscraper and its indefinable luxuries. This is the country, which has developed the most in the past decade. Dubai is the land, which has engraved itself with immense wealth, and this is one of the reasons why I have chosen it as my dream holiday. To start off it is a country, which offers all the luxuries of the world in your fingertips. The beauty of the dazzling blue and peaceful white sky is dimmed with the stunning huge skyscrapers. Dubai is known for its glamour and luxuries and this is what I am here for. The place that I would like to start visiting is the world's tallest hotel-"Burj Al Arab"-the one and only seven star hotel in the world also known for having the tallest atrium in the world. Well when I said I would like to visit the hotel you all would have thought of me going and staying over there, well that's almost impossible for an average person because to stay for one night is almost $25,000 and now if you thought of just having a preview of the hotel that is impossible too because its approx. $5000.Well...
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...Contextual Assessment of the D’Arcy Oil Concession The d’Arcy oil concession of 1901 in Persia (now Iran), represents a big moment in Middle Eastern politics and economics. The first oil concession in the region of the Middle East, this became the model for future concessions for the next half-century (Gelvin, 88, 172). In 1901, Mozaffar ad-Din, the Qajar Shah of Persia, sold the rights to exploring for, excavating, and selling oil for 60 years in all of Persia to a British investor, William Knox D’Arcy. For this, the Shah received £20,000 sterling cash, £20,000 sterling of shares of the company, and 16% of annual net profits (Gelvin, 174). Few parts of Persia were not included, like holy sites and some small, northern provinces (Gelvin, 173). This concession was a major factor in what led to modern day Iran. It highlights the unrest of the Persian people and the imperial struggle over Persia. Persians were growing dissatisfied with the Qajar rule. Influenced by western-oriented reformers, merchants, and religious leaders, they took to the streets in 1905. These protests and demonstrations would continue to 1911. The sources of their unrest came from the excesses of Qajar rulers, the weaknesses of the government, and foreign control over their economy. Also, the general consensus was that the Qajar rulers, especially Mozaffar ad-Din, were totally incompetent. These protests led to the Shah’s concession and Persia’s first constitutional monarchy. Because of the government’s...
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