Questions On International Business Management Essay
The world is “globalized”. Over the last two decades, global flows of foreign direct investment have more than doubled relative to GDP. According to Angus Madison, the post- Second World War era delivered the best 60 years in world history. During this period, globalization powered world prosperity, with trade and investment growing much faster than other components of the world economy. So there was lot of chances for the countries like New Zealand which are growing now.
In the aftermath of the recent global recession, we’ve now entered a different phase, which Ian Bremmer call “guarded globalization” in a recent article in Harvard Business Review. Governments of developing nations have become wary of opening more industries to multinational companies and are zealously protecting local interests. They choose the countries or regions with which they want to do business, pick the sectors…