SemB_wk2_Final_MGNT2510_Lect2_students.pptx

2 do brics belong to g20 3 which country in g8 is not

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Does G20 include all members of G8? 2. Do BRICS belong to G20? 3. Which country in G8 is not a member of G7 ? 4. Which country has the most population in G20 ? 5. Which country has the most population in G8? 6. Which country has the least GDP per capita in G20 ? 7. Which country has the least GDP per capita in G8 ? 8. Which member in G20 is not a country? 9. Which country has the largest land area in G20? 10. Which country has the largest land area in G8? 35 2.5
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Part 3: How about the international business environment in particular?
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“Doing Business 2018” Repor t by IFC and World bank The report, Doing Business 2018, compar es business regulations of over 190 ec onomies. The major objective of the Rep ort is to encourage reform in developin g economies 3
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The rankings were based on 10 indicators of business regu lations that track the time and cost to meet local governm ent requirements in 1. Business startup -- starting of a business, in terms of t he number of procedures and days, the cost, and minimum ca pital requirements 2. Registering property 3. Getting credit 4. Protecting investors 5. Enforcing contracts 6. Dealing with construction permits 7. Getting Electricity 8. Paying taxation 9. Trading across borders 10. Resolving Insolvency 3.1
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Rationale for the 10 indicato rs Note: Employing Workers data are not included in the ranking on the ease of doing business. 3.1.1
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Snippets: Doing business Re port Methodology logy/starting-a-business 3.1.1
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Self Test Who is the champion of the “Doing Busin ess 2018”? 3.1.1
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Top 10 Doing Business 2016 by World Bank 2016 Economies 1 Singapore 2 New Zealand 3 Denmark 4 Korea, Rep. 5 Hong Kong SAR, China 6 United Kingdom 7 United States 8 Sweden 9 Norway 10 Finland 42 3.2
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Top 10 Doing Business 2018 & 2017 by World Bank 2018 (2017) Economies (Data benchmarked to June 2017) 1(1) New Zealand 2(2) Singapore 3(3) Denmark 4(5) Korea, Rep. 5(4) Hong Kong SAR, China 6(8) United States 7(7) United Kingdom 8(6) Norway 9(16) Georgia 10(9) Sweden 43 Sources: 3.2
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Hong Kong as an example http:// 3.3
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Self Test What are the limitations/ potential threats for companies adopting “Doing Business repo rt” in their location choice? Can you think of other factors that companie s should also be considered? 3.3
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Part 4: What forces will shape the coming global economic environment agenda?
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Globalization Globalization is the increasing inter-depen dence, integration and interaction among people and corporations in disparate locat ions around the world. It is an umbrella term which refers to a com plex medley of economic, trade, social, tech nological, cultural and political interrelat ionships. The term has been used as early as 1944, however Theodore Levitt is usually cr edited with its first use in an economic con text. 4.1
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It involves to a shift towards a more integrated and interdependent economy Globalization relies on three forces for development: the role of human mi gration, international trade, and rap id movements of capital and integrati on of financial markets.
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