...South Korea Business Forecast Report Executive Summary You have downloaded a PDF of BMI's latest views on the market, summarising the key findings that are assessed in detail in the new report, as well as the full report Table of Contents. Find out more about this report by contacting one of our experts on +44 (0)20 7246 5170 For more information, please contact us at: enquiry@businessmonitor.com +44 (0)20 7246 5170 South Korea Business Forecast Report Table of contents Executive Summary Core Views Key Risks To Outlook Published Date: 01 Apr 2014 5 5 5 7 7 7 8 8 8 9 9 11 11 11 12 12 12 14 14 14 15 15 16 17 south korea Q1 2014 17 17 21 21 21 21 25 25 25 26 26 26 27 28 29 29 30 Chapter 1: Political Outlook SWOT Analysis BMI Political Risk Ratings Domestic Politics Key Themes In 2014 Table: Political Overview Long-Term Political Outlook Constitutional Reform To Improve Governance- Chapter 2: Economic Outlook SWOT Analysis BMI Economic Risk Ratings Economic Activity Staying Cautious In 2014 Despite Upside Growth Surprise Table: ECONOMIC ACTIVITY Fiscal Policy Growing Corporate Leverage Posing Increasing Risk TABLE: FISCAL POLICY Monetary Policy BoK To Keep Policy Neutral Till End 2014 TABLE: MONETARY POLICY Balance of Payments south korea Q1 2014 KRW: Further Strength Capped Despite Improving Fundamentals TABLE: CURRENT ACCOUNT Chapter 3: 10-Year Forecast The South Korean Economy to 2022 Robust Growth To 2023 TABLE: Long-Term Macroeconomic...
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...South Africa is the continent’s second-largest economy and comprises of more than 50 million consumers, a health and quality-conscious middle class, a fairly stable political climate and a sound, effective financial system (South Africa.info 2013). This positive environment seems to provide a solid foundation for Britannia Industries to expand its biscuit segment. However, it is important to conduct a more thorough and accurate analysis in order to have a better comprehension of the possible issues, opportunities and challenges that may occur upon entering the market. 3.3.1 The economic environment Since the 2008 global financial crisis, the South African economy has demonstrated uneven growth, with an average increase of above 2%. This is largely due to the effect of the global economy in addition to the country’s strong ties to advanced economies (Statistics South Africa n.a.). According to Schwab et al. (2013), South Africa was ranked as the 53rd most competitive country worldwide, overtaking Brazil to take second place among BRICS-countries. Regardless of some soft macro- economic indicators such as an extremely high unemployment rate (25.4%) and rising inflation (5.9%) (Trading Economics 2014), direct foreign investments (FDI) continue to flow into the county. As shown in Figure 1, South Africa is ranked as the 13thmost attractive FDI destination globally, coming ahead of Switzerland, Spain and Italy. This positive rating is a result of numerous successful large merger...
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...SOUTH AFRICA Contents Colour Blind 2 South Africa’s new underclass: poor whites 4 The Guilt (skyldfølelsen) 5 Tsotsi – film 7 Colour Blind By James Matthews Colour Blind is a short story by James Matthews. The short story is a long conversation between the coloured woman, Stephanie and her black friend, Freda. The conversation mainly contains a discussion about the two women’s status and situation in the town. The main theme in the discussion is whether the two women’s colour of the skin is right or wrong. The colour of the skin is very important in this short story, not only to the two women’s, but for the whole population, because the colour of your skin sends out a signal of your wealth and your position in society, even though it’s far from true. The short story ends up with a big argument between the two women. Setting * The short story takes place in Stephanie’s kitchen in South Africa in a township called Manenberg. Manenberg is a township of Cape Town that was created by the apartheid government for low-income colours families. Style and language * Simple language shot sentences Composition * It is chronological, contains introduction and no flash backs * It is an open ending, because we don’t know what happens next, I will imagine that they aren’t friends anymore, because Stephanie screams “Black bitch” after Freda at the end. Characters Stephanie | Freda | * She is coloured, but not black * She lived in a observatory...
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...Abstract South Africa is a country located in the Southern tip of the Africa continent. It is currently one of the wealthiest nations in Africa along with Egypt and Nigeria. South Africa has a rich resource such as gold which was the main attraction for the British to come and colonized during the colonial time. It also has a great amount of wild animals and famous safari. South African people has been through many wars but nothing as hurt as the apartheid or the racial segregation which lasted for over 40 years. There are many famous historical figures that made a large impact on South Africa specifically and worldwide generally such as Nelson Mandela. Even though South Africa has changed tremendously in many aspects, it still ahs a long way to go in order to bring better and safer lives for its people despite of their races. Africa is the second largest continent in the world and also the second most populous continent (The World Factbook). It has around fifty-six independent nations and territories. And South Africa is one of them. The country is well known for its long history of forming, the apartheid and also its wealth. South Africa is a country located at the southern tip of the African continent. South Africa borders with the following nations Namibia, Botswana, Zimbabwe, Mozambique, and Swaziland (South Africa info). Lesotho is an independent nation that surrounded by South Africa. There are about eleven languages spoken in South Africa and Afrikaans is the most...
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...Country report South Korea – Electronic Yu Ming Lin Country Profile In February 1945 the end of World War II, Korean Peninsula divided into North and South Korea. South Korea also name Republic of Korea, 99,392 sq. km, has a population of almost 50 million, and has its capital at Seoul, the largest city in Korea. The second largest city is Busan, which is the country’s main port, has wonderful nature harbor beside the delta of Nakdong River. The major industrial prior 1948 was agriculture in Korea peninsula, South Korea was in a sever environment of economic. The war damage and the refugee from North Korea keep South Korea inflation and unemployment. Korea is full of mineral source, however, most minerals concentrated in the North such as gold, coal, ore, iron and graphite. There are some tungsten, amorphous graphite, coal, and iron in South Korea and the distribution percentage is North 80%~90% to South 10%. International trade Balance Of Payment The table above is the South Korea’s balance of payments account and this table can track the payments to and the receipts from other countries from 2006 to 2010. As we can see the current account surplus in all five years and it means that these five years South Korea exports more goods, services, and income than it imports. (Data from world databank) The Current Account In October 2011, South Korea’s current account surplus US4000 Million. South Korea’s growing economy relies on exports, and the most important exports...
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...South Africa Strayer University SOC 300: Sociology of Developing Countries Professor T. Taylor August 31, 2015 South Africa South Africa is located at the southern tip of Africa. It is made up of a unique demographic, and is approximately twice the size of Texas (Cia.gov, 2015). The death rate in South Africa is the highest of any country (Cia.gov, 2015). AIDS is very prevalent, with South Africa having the fourth highest rate of any country in the world (Cia.gov, 2015). Economic growth is slow, and unemployment is around 25% (Cia.gov, 2015). While the economy of South Africa is experiencing slow growth, they still use the benefits of funding from banking institutions. It is important to understand whether funding from these banking institutions, as well as the general health of the population, affects the economy and politics of the country of South Africa. The World Bank and IMF have the potential to positively impact the economy in South Africa. According to Olawale and Garwe (2010), it is essential that more small and medium enterprises (SME’s) are started in South Africa. They posit this idea due to the high unemployment rate plaguing South Africa. While the World Bank is in full support of more SME’s being opened in South Africa, South Africans fear corruption will prevent them from beginning new SME’s. On the other hand, one could draw the conclusion that loans from the World Bank and IMF are allowing the corrupt South African government to continue thriving...
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...------------------------------------------------- Top of Form Bottom of Form * UK Essays * Services * Instant Price * Order Now * Essays * Dissertations * Guarantees * Contact * ECONOMICS The economics essay below has been submitted to us by a student in order to help you with your studies. ------------------------------------------------- Top of Form Bottom of Form Back to Subject Index 1. UKEssays 2. Essays 3. Economics 4. Analysis Of The Emerging Country South Africa Economics Essay Print Reference This Reddit This Tweet Analysis Of The Emerging Country South Africa Economics Essay In the following pages we will analyze the place of South Africa in International Trade. In order to do so we will analyze the background of the country, develop PESTLE analysis, look at the balance of payments as well as trade balance, examine exchange trade policy and growth rate of the economy. In conclusion we will provide forecast for country's development. Today South Africa's trade and industrial policy is moving away from a highly protected, inward looking economy towards an internationally competitive economy, capitalizing on its competitive and comparative advantages. From the period of apartheid, it has made great progress in dismantling its old economic system, which was based on import substitution, high tariffs and subsidies, anticompetitive behavior, and extensive government intervention in the economy. The leadership has moved to reduce the...
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...South Africa is one of the most geographically varied countries of the African continent, comprising territory that ranges from the rolling, fertile plains of the highveld and the wide open savanna of the Eastern Transvaal to the Kalahari desert and the peaks of the Drakensberg Mountains. While all of its diverse regions offer ample opportunities for adventure travel, the focus in South Africa--as in much of sub-Saharan Africa--is the safari. In addition to possessing two of the world's most renowned wildlife reserves, the Kruger and the Kalahari Gemsbok National Parks, the country contains over a dozen smaller regional parks and reserves. In addition, with its excellent road and rail systems, its abundance of top-rated accommodations, and its bountiful farmlands and vineyards, South Africa allows visitors ample opportunity for more luxurious comfort along with adventuresome excitement. Location, Geography, & Climate South Africa is located, as one might expect, on the southern tip of Africa. It is bordered by the Atlantic Ocean on the west, the Indian Ocean on the south and east. Along its northern border, from west to east, lie Namibia, Botswana, and Zimbabwe, and to the northeast are Mozambique and Swaziland. Wholly-enclosed by South Africa, and situated in its eastern central plain, is the independent kingdom of Lesotho. Almost all of South Africa's 472,000 square miles (1.2 million sq. km.) lie below the Tropic of Capricorn, and the country is geographically composed...
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...South Africa Have you ever wonder if there is another person just like you in another country. Are that someone may be doing the same exact thing that you are doing at that moment or even like the same things you like. We would never know the answer to that question, unless we get out and explore the world of choices. I want you to lay back and close your eyes and dream of a place you would love to explore. As you do that I want you to keep in mind the following the different cultures you may come in contract with. See if discrimination still exists in that country you are visiting and what are the problems. What ethnic groups are in this country? South Africa is a country that is located at the top of Africa as you look at it; it put you in the mind of a guenia pig. It has diverse cultures and languages. Majority of the ethnic groups are black African. South Africa has many problems with discrimination that is widely spread around the world. I am here today to give you a bit of information of the things I have stated in this paragraph. As a child I always wonder about other cultures in countries, the different racial groups, and if discrimination was still going on in the world all over. Now I am able to explore the different things that may occur in other countries. Cultures Food: One of the cultures that caught my eye was the food that they eat. South African cuisine reflects the indigenous population and the country's many settlers. One of the most popular influences...
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...CHAPTER 5 – CASE: South Africa • Neighboring Countries: Zimbabwe, Swaziland, Botswana, Namibia and Lesotho • Form of Government: presidential democracy • South Africa has 3 capitals: Pretoria, Cape Town and Bloemfontein • Population (2009): 49.1 million people • GDP (2009): $495.1 billion • GDP per capita: $10,1000 • Rainbow Nation: reflects the cultural diversity o of the total population, about 31 million are Black, 5 million are White, 3 million are Coloured and 1 million are Indian o Black population consists of four groups: Nguni, Sotho, Shangaan-Tsonga and Venda • Subgroups • Nguni: Zulu and Xhosa o White population: majority has Afrikaans roots; 40% of British decent • Languages: there are 11 official languages spoken • apartheid: system of legal racial segregation enforced by the Nationalist Party between 1948 and 1994 o UN trade embargo o reforms to apartheid in the 1980s failed to quell the mounting opposition o 1990 – President Frederik Willem de Klerk began negotiations to end apartheid, culminating in multiracial democratic elections in 1994, which were won by the African National Congress under Nelson Mandela • Black Economic Empowerment (BBE): post-apartheid program, designed to redress the inequalities of apartheid by giving previously disadvantaged groups (Black Africans, Coloureds, Indians, Chinese) economic opportunities previously not available to them o it has included measures such as employment equality, skills development, ownership...
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...South Africa South African landscapes provide us with the lush greens of the jungle, the dry grass of the savanna, the majesty of the mountains, the eroded clay of the desert and the high-rise mortar of the city. A filmmaker can find there any background desired as the scenery for his motion picture, but variety is not the only true value of the African landscape. Here we find the lush, well tended greens that represent the wealth and control of the Europeans who have invaded the country; the dry savannas where the animals roam freely, but the native peoples are restricted; the eroded clay that somehow manages to sustain life and reminds us of the outlying township slums that somehow sustain oppressed lives; and the stifling city where a restrictive government and looming skyscrapers bear down to oppress the human spirit. According to Hugo Munsterberg, "the photoplay tells us the human story by overcoming the forms of the outer world, namely, space, time and causality, and by adjusting the events to the forms of the inner world, namely attention, memory, imagination, and emotion" (104). The South African landscape reflects its country’s history and the struggle of its people, and when a director chooses it carefully for background in his film, it can add emotional and symbolic depth to his message. In 1652, the Dutch East India Company came from Europe to South African soil to set up a fort for the purpose of replenishing their ships with supplies. The Europeans, in their...
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...South Africa, alone of all the British colonies did not follow the political course of embracing democracy and freedom. Even though the geographic area called South Africa had a large British presence, the country was required to follow legislation given in the agreement of the surrender in 1806 from the Dutch. Those terms meant that the country was allowed to diverge from English law and replace it with South African law. The country at that time was not plagued with inequality, layers of a class system, prejudice or discrimination and the building of a new society was the idea on everyone’s minds. This ideal was not to be attained. In 1948 the National Party, led the first campaign that was openly racist. The National Party won 80 seats (mainly from Afrikaner voters), compared to the United Party’s 64 seats. Following the elections, legal or enforced apartheid or racial segregation officially began in 1948. It was not a new idea, but had been prevalent under the Dutch in colonial times. Legislation followed which separated the population into four racial groups (eventually changing in 1950 to three) with different rules for each. Suddenly racial discrimination was institutionalized (The History of Apartheid in South Africa, 1978). Residential areas, education, medical care, and other public services were separated. It is sad to say that the services were widely disparate in comparison to the services to white people which were vastly superior to the services to the non-white...
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...Area -1,220,813 sq km Neighbours-Namibia in the northwest, Zimbabwe and Botswana in the north, and Mozambique and Swaziland in the northeast Caiptal -Pretoria (administrative); Cape Town (legislative); Bloemfontein (judicial) 1 Natural Resources Only 12 % of South Africa’s land area is cultivated 8 % is forested South Africa is the world’s largest producer of gold, Witwatersrand Gold is mined to depths below (10,000 ft) Diamonds are another important source of South Africa’s mineral wealth. diamond fields are located in the Kimberley area of Northern Cape. South Africa also has large reserves of chromite, vanadium, andalusite, manganese, platinum, nickel, and fluorite Cape of Good hope from cape point Climate South Africa enjoys a generally warm, temperate climate. Most of the country experiences light rainfall and long hours of sunshine Gamskapoortdam, dry lands, Little Karoo De Beers diamond mines, Kimberley Table Mountain, South Africa 2 Natural RegionsHighest peak-Njesuthi, a peak of the Drakensberg(11,306 ft). The plateau region – The High Veld (southern continuation of the great African plateau that stretches north to the Sahara. The Middle Veld The Bush Veld. Rivers and Lakes- Orange, Vaal, and Limpopo. The Orange is the longest, stretching about 2,100 km (about 1,300 mi). Washing sand for diamonds on the banks of the Vaal River orange river Baobab Tree, Limpopo, Musina 3 ...
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...South Africa - A Brief Overiew South Africa’s subtropical location, moderated by ocean on three sides of the country and the altitude of the interior plateau, makes South Africa a warm and sunny country. The country consists of nine provinces. Guateng province centred on Johnnesburg is the economic heart of South Africa and the largest inland city in the world not situated on a river. It is a multiparty democratic republic, home to 53m people (South African government 2013). Nobel prize winner Desmond Tutu called it the Rainbow Nation, because of its ethnic diversity (79.8% black, 8.9% white, 8.9% coloured, 2% Indian, 0.4% other e.g. Chinese, Malay). Diversity is a key feature of South Africa, where 11 languages are recognised as official, although English is the main language of government and business. The country was home to San bushmen, but in the 17th century Dutch and French Huguenot (Afrikaner) colonists settled in the Cape, whilst further east Zulus were migrating down from what is now Zimbabwe. British settlers started arriving in the 19th century; however the discovery of gold in the 1880s led to mass immigration. This created tensions between the Afrikaners and British culminating in the Boer war (1899-1902). Britain despite being victorious agreed to self rule in 1910, albeit only for European. Afrikaners came to monopolise government, whilst the British dominated the commercial world. Successive governments from 1948 operated an increasingly racist system (apartheid)...
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...South Africa is a country located at the southern tip of Africa known for its abundance of natural resources such as rich minerals, gold, coal, diamonds, and platinum. Both the English and Dutch colonized the country in the seventeenth century. English domination of the Dutch descendents, known as Boers or Afrikaners resulted in the Dutch establishing new colonies of the Orange Free State and Transvaal. Around the 1900s an English invasion broke out which lead to the start of the Boer War all due to the discovery of diamonds. Independence from England caused an uncomfortable power-sharing between the two groups until the 1940’s when the Afrikaner National Party was able to gain a strong majority. It was at this time the Apartheid system was created by the National Party (Omatseye, p. 142 & 144). The Apartheid was a system of government that started in 1948 and ended in 1994. This system separated groups according to their race classification. Legislation classified inhabitants into four racial groups, White, Black, Indian and Colored. The government also segregated medical care, beaches, and other public services, and provided black people with services inferior to those of white people. 2 The main issue of segregation was education, which lead to the Bantu Education Act in 1953 (Krabacher, p. 186). “Bantu education was intended to maintain white supremacy, provide a permanent source of semiskilled but cheap labor, and arrest the detribalization of blacks, especially...
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