Chapter 2 - Chapter 2: The political, legal and...

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Chapter 2: The political, legal and technological environment China - growth rate needs to be at least 7% in order to accommodate the nearly 10 million people entering the workforce each year - attempting to increase foreign investment - moving toward free-market economy but still some bureaucratic structures that prevent competition Europe - constantly changing - many countries are hostile about the American lead war in Iraq - except for Norway and Switzerland, all are in EU Russia - outlook is uncertain - needs almost 100 billion to rebuild infrastructure (4 times annual budget) - Putin cracking down on media outlets criticizing him - Lowered taxes for middle entrepreneurial middle class - CORRUPTION / Bribes - Like China, Russia is too big to ignore in terms of potential Central and Eastern Europe - post communist countries in a state of flux - Poland is still struggling - Hungary is one of the strongest economies in Central Europe - Czech Republic- privatized - Balkan countries are still facing severe problems
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Chapter 2 - Chapter 2: The political, legal and...

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