processes”. It is clear that Chinese companies have been able to develop an established idea such as the Smartphone and make themselves leaders in the production of the hardware. The smartphone industry has become an important engine of growth for the economy‚ with the smartphone users in China set to double by the end of 2013 to 500million. Leading Chinese Mobile Phone makers such as ZTE and Huawei are making inroads into the mature Western markets at the same time cementing their position as some of
Premium Smartphone Mobile phone
Philippines in global map From WEF “Global Competitiveness report 2012-13”‚ key performance indices of Philippines in a global scale is analyzed below: [pic] 0.5% of world-wide GDP share implies Philippines is really an insignificant player in world economy in terms of economic output‚ and 95 millions population‚ about 1.5% of ~7 billion world population‚ means current productivity level is only one third of world average. This is a typical characteristic of developing Asian countries‚ i.e.‚ high
Free High school Secondary school Secondary education
Economics Assignment 2 The Indian Economy Executive Summary The Indian Economy is currently experiencing strong growth adverse to difficulties witnessed after the global financial crisis. Current GDP levels at approximately $1.5 US Dollars as the fifth largest economy in the world. The aim of this paper is to address macroeconomic conditions that may affect India’s ability to maintain high levels of growth. Monetary and Fiscal policy have been analysed and recommendations made to manage
Premium Inflation Economics
period of 2000-2007 averaging 4.2% compared to the 1.9% of the Euro zone. In addition‚ the economy experienced a reduction in unemployment by 2.9 percent‚ which hit a low of 8.3% in the year 2007. The growth in the economy is a significant increases in house commerce coupled with a negative contribution from the external sector. The economy adopted an expansionary monetary policy which had positive impacts on the domestic demand. However‚ in 2000-2007 while the skyrocketing public sector indebtedness
Free Unemployment Macroeconomics Recession
environmental impacts of the global increase in demand for oil acceptable? [15 marks] After the industrial revolution‚ the demand for oil has been increasing globally. Over 100 million tonnes of oil are transported around the world on average a day. There are countries like the US which consume almost one quarter of global oil output‚ which must be supplied from oil reserves‚ usually from countries like Saudi Arabia (Guinness‚ 2011‚ p. 245). This shows that the topic of oil consumption is a global issue
Premium Exxon Valdez oil spill Petroleum
Since the latter half of 2007 the world economy has been in a severe downward spiral as a result of the reckless lending practices of the world banks‚ the implications of which have trickled down into the industrialized economy over the last two years. This assignment aims to analyze the global seaborne trade industry with a focus on the dry bulk sub-sector and its major commodities by assessing the effect on factors that are influencing the demand and supply of dry bulk vessels and the future growth
Premium Ship Shipping Coal
Anicia Brown Mr. Kensel November 30‚ 2013 The Caribbean ’s economy By international standards‚ the nations of the Caribbean are not rich in natural resources. According to Ben Vosloo‚ The resources that make significant contributions to domestic economies and regional job sectors include fisheries‚ bauxite‚ iron‚ nickel‚ petroleum and timber. It has been noted by some that the Caribbean’s most important resource is “its tropical island setting‚ which has generated a unique tourism sector”
Free Caribbean Jamaica Agriculture
Introduction to India & Indian Economy: India is the seventh largest country by area‚ the second-most populous country with a population of over 1‚241‚491‚960 people. India is surrounded by three-water bodies namely Indian Ocean on the south‚ the Arabian Sea on the west‚ and the Bay of Bengal on the east. India shares its border with 7 countries namely Pakistan‚ China‚ Nepal‚ Bhutan Afghanistan‚ Burma and Bangladesh. India is a democratic country and is governed under a parliamentary system consisting
Premium India Investment Construction
and its structures. We are gathered here today to soberly reflect on the changing global balance of class forces and imperative of how best to reposition the federation and the whole working class movement in order to deepen the crisis of the capitalist system and simultaneously build a solid foundation for real alternatives. During the recent period we have preoccupied ourselves with a need to understand the global financial crisis‚ which erupted in 2008‚ as a systemic crisis‚ a crisis of a capitalist
Free Trade union Capitalism Marxism
began closing down its operations in North Sulawesi‚ leaving local communities in Buyat Bay and Ratatatok with a dubious legacy. NMR use a submarine tailings disposal (STD) system which a method of waste due to its harmful environmental and health impacts. From 1996 until its closure‚ NMR dumped more than four million tons of mine waste into the bay. Forum the Environment (WALHI) found that NMR’s tailings contained four times the government-allowed level of cyanide and high levels of mercury‚ cadmium
Premium Pollution Newmont Mining Corporation United States