merchandise exports grew by 6% in real terms, compared to an annual average output growth of 3.7% (World Trade Organization, 1998: 33-36). This means that today, the countries depend more on trade than they had following World War II. In other words, the world economy is becoming more integrated and more globalized. So, what forces have been driving this phenomenon? Is globalization a positive force in the economic development of the third world countries? Does globalizations have any downsides and if so
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The Global Economic Environment Presentation adapted by Alfred Lowey-Ball For (International) Marketing management course Fall semester 2014 UBI-BA2 Brussels Chapter 02 Outline (The Global Economic Environment) 2-0 2-1 2-2 2-3 2-4 2-5 2-6 Introduction The world economy—an overview Economic Growth stars Classification of countries by income Market opportunities in DCs World population trends Dealing with currency risks 2 2-0 Introduction • The level of economic development in the target
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Preliminary Draft February 20, 2010 THE GLOBAL ECONOMIC CRISIS AND SOUTH ASIA By Dr. Akmal Hussain, Distinguished Professor, Beaconhouse National University INTRODUCTION What began as a financial crisis in 2008 rapidly metastasized into a global economic crisis that pushed the world economy into the deepest recession since the Great Depression of the 1930s. In this paper we will examine the origins and nature of this crisis in the context of the dynamics of world capitalism, indicate
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Nachimuthu and Barani Gunatharan. * Entrepreneurship Challenges and Opportunities in India - Dr.N. Santhi and S. Rajesh Kumar. * Some Critical Issues of Women Entrepreneurship in Rural India -VIJAY KUMBHAR (Department of Business Economics Dhananjayrao Gadgil, College of Commerce, India). * Women Entrepreneurship in India: Opportunities and Challenges- Gurendra Nath Bhardwaj, Swati Parashar, Dr. Babita Pandey. * Women Empowerment through Entrepreneurship: A Case Study
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Identification of Local SMEs’ Development Barriers in Food Service Industry in KSA, the Western Province (2012) Identification of Local SMEs’ Development Barriers in Food Service Industry in Kingdom of Saudi Arabia (KSA), The Western Province (2012) By/ Reham H. Al Zahrani Abstract This paper examines the actual situation of SMEs performing in local food service industry in Kingdom of Saudi Arabia (KSA). It focuses basically on critical issues that disturb the development of local SMEs. The adopted
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Economy” Middle East Economy Background Main economic sectors & main actors Current trends with alternative investment apart from oil industry” by Panakant Raschasri 5303640691 Middle East Economy Background The economic structure of Middle Eastern nations are different in the sense that while some nations are heavily dependent on export of only oil and oil-related products (such as Saudi Arabia, the UAE and Kuwait), others have a highly diverse economic base (such as Cyprus, Israel, Turkey and
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Faculty of Economics & Political Science Post graduate studies Economic Department Finance for Growth and Role of SMEs An Application to Egyptian Case Prepared by: 1- Amr Hassan Elkady 2- Nashwa Mohamed Hussein Presented to: Prof. Hala El-Saied 2010 In September 2004, the Financial Sector
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Scholars, School of Management Studies, University of Hyderabad, AndhraPradesh-500046. ABSTRACT This paper attempted to make an analysis of FDI in India and its impact on growth. It also focuses on the determinants and needs of FDI, year-wise analysis, sectoral analysis and sources of FDI and reasons. One of the economic aspects of globalization is the fact that increasing investments in the form of foreign direct investments. In the recent times due to the global recession most of the countries
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poses as a difficult challenge for good governance and development other than smaller countries. The Philippines is mostly mountainous. The citizens can speak several languages. Not to mention, the country is very close to the Pacific Ring of Fire which makes it more prone to frequent natural disasters. There is a 95.8 million in population. It also has a GDP of $424.4 billion with a 6.6% growth in 2012 and it has a five year annual growth of 4.7% with a $4,430 per capita. The Philippines also
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Consensus The term was first coined by John Williamson in 1989, an economist from the institute for international economics in Washington, D.C. Williamson used the term to summarize policy advice from Washington based institutions such as the US treasury, the IMF and the World Bank, that were believed to be necessary for the recovery of countries in Latin America from the economic and financial crises in the 1980s. The Washington Consensus is a set of 10 policies that the US treasury, the IMF and the
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