An Essay on International Business
Table of Contents Introduction 3 Strengths 10 Geographical Position 10 Member of WTO and Nepal’s own Trading Policies 12 Market Economy and Relations with Other Leading Economies 13 History of SME entrepreneurs 16 Cheap Labor 16 Tourism Industry 17 Climate Conditions and Natural Resources 18 Weaknesses of Nepalese Trade 19 Opportunity 28 Product 28 Markets 29 Promotion 29 Product value 29 Sector positioning according to current exports and export potential 30 Competitive strategy 30 Using local resources 31 Global ownership (Completely Global) 31 Combining export potential with current socio-economic impact 32 Foreign direct investment, net inflows (BoP, current US$) 33 Threat 35 Factor Market Prices 35 Wage Rates 36 Unstable labor force 37 Changing government policies 38 Industrial estates 39 Trade Routes 40 Low Productivity 40 Weak Human Resources 41 To sum up: SWOT Analysis 42
Introduction
Aftermath of World War II triggered new enlightenment in international sphere. Countries took pride in collaborating with developing nations; not conquering them – which was the measure of strength not so long back. As President Kennedy said, “[United States of America] will bear any burden… to assure the survival and success of liberty.” Such paradigm shift brought a significant improvement in the social welfare: developing economies thrived, poverty rate decreased, and liberty flourished. Yet, there are countries that could not climb up the socio-economic ladder despite the helping hand from international community – or the situation is direr than before.
Source: Ministry of Finance, Government of Nepal (2011) In my country Nepal, the poverty rate has dropped by almost 10 percent down to 26 percent in the past two decades, as shown in the graph above. However, with a higher Gini coefficient and level of urban poverty, Nepal is facing a tougher challenge. Un-entrepreneurial bureaucracy and policies
Introduction
Aftermath of World War II triggered new enlightenment in international sphere. Countries took pride in collaborating with developing nations; not conquering them – which was the measure of strength not so long back. As President Kennedy said, “[United States of America] will bear any burden… to assure the survival and success of liberty.” Such paradigm shift brought a significant improvement in the social welfare: developing economies thrived, poverty rate decreased, and liberty flourished. Yet, there are countries that could not climb up the socio-economic ladder despite the helping hand from international community – or the situation is direr than before.
Source: Ministry of Finance, Government of Nepal (2011) In my country Nepal, the poverty rate has dropped by almost 10 percent down to 26 percent in the past two decades, as shown in the graph above. However, with a higher Gini coefficient and level of urban poverty, Nepal is facing a tougher challenge. Un-entrepreneurial bureaucracy and policies
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