ECONOMIC COMMISSION FOR EUROPE COMMITTEE FOR TRADE‚ INDUSTRY AND ENTERPRISE DEVELOPMENT Fifth session‚ 13-15 June 2001 Item 4 of the provisional agenda The economic importance of insurance in Central and Eastern Europe and the impact of globalisation and e-business by Esther Baur‚ Ulrike Birkmaier‚ Marco Rüstmann Swiss Re‚ Economic Research & Consulting‚ Zurich1 1. Introduction 2 - 3 2. The economic importance of insurance 3 - 10 2.1. The role of insurance for economic development
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TOURISM DEVELOPMENT IN GLOBALISATION ERA Globalization‚ as one of today’s most controversial issues‚ can be defined as the tendency of businesses‚ technologies‚ or philosophies to spread throughout the world‚ or the process of making this happen. The global economy is sometimes referred to as a globality‚ characterized as a totally interconnected marketplace‚ unhampered by time zones or national boundaries. Whether or not the establishment of the global marketplace will be beneficial is in dispute
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in terms of population size. It has also become the 8th largest world exporter of manufactured goods and the second largest economy in the world‚ after the United States‚ on the basis of purchasing power parity. The impact of globalisation on China has been profound‚ having an impact in a number of different areas. Government Strategies to promote economic growth and development Between 1978 to 1994 China abandoned agricultural collectivisation‚ replacing it with a system of household responsibility
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THE EFFECT OF GLOBALISATION ON THE DEVELOPMENT OF UNDERDEVELOPED1 ECONOMIES By MUSA JEGA IBRAHIM The existing wide disparities between the developed and the underdeveloped economies makes globalisation a tool for stultifying the industrialisation process‚ and by extension‚ retarding the growth and development of underdeveloped economies. Trade liberalisation‚ the cardinal instrument of globalisation ensures that industrialised countries have access to world markets‚ which enhances further
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The effects of Globalisation on Education Globalisation is a new concept that was developed in the 1980’s and is now a familiar term worldwide. A reason for this popularity could be due to the fast development of communication technologies‚ which have made impressive progress from the 1980s to the present day. Communication has developed from archaic hand written information to instant messaging i.e. Twitter‚ Facebook and BBMs. Through these mediums people from across the globe are able to communicate
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Analyse the impact of Globalisation on an economy other than Australia. Chosen Economy- China Globalisation is the growing interdependence of the world’s people and world trade. It involves shrinking space and time and breaking down borders in order to allow people access to new technology‚ markets‚ tools and organisations such as the WTO. Globalisation impacts positively on China’s economy by increasing trade and GDP‚ encouraging foreign investment from Transnational Corporations (TNC’s)
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GLOBALISATION AND INDIA-CHINA RELATIONS There is a shift in the nature of the relations between India and China from a purely territotial perspective in the post-independence period to the economic perspective in the post globalization and liberalization period .This has resulted in both positive and negative ramifications because of both state and non-state factors. POSITIVE IMPACTS: TRADE: The trade between the two countries has been increasing since the 1990s and has reached $67 billion
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Advocates of globalisation say that globalisation brings the first real chance of prosperity to the impoverished corners of the world. Opponents say globalisation is the cause of growing poverty and inequality on the planet. Those in the middle see how unbridled globalisation could wreak havoc on some while simultaneously opening the doors of opportunity to others. But what actually is globalisation? What is globalisation? The term globalisation was originally started in the 1960’s to describe
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The Positive And Negative Effects Of Globalisation On Dubai Alexander Cochrane Charles Pillsbury Allen High School The earliest recorded mention of Dubai is in 1095‚ in the Book of Geography by the Spanish-Arab geographer Abu Abdullah al-Bakri (Dubai-Architecture‚ N.D.). In 1966 the discovery of oil greatly changed Dubai’s fortunes (Suddath‚ 2009) and was a turning point for the future. However‚ compared with its neighbours‚ Dubai had limited oil reserves‚ prompting its rulers to turn to other
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Globalisation: the shrinking world by Phillip Ho Globalisation was a word lacked from most vocabulary until 1980s when the global culture started to form. Technology advanced and the world transformed‚ from stretches of lands separated by water to the global community. Passer-byers on a street in a major city may see globalisation everyday‚ anything from billboards advertising coca-cola to an import car‚ has “Globalisation!” written all over it. Globalisation can help us explain how the world is
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