There is no denying the fact that china is economic miracle of 21st century. China is what it is because of the reforms intiated by its leadership (since 1978). Deng Xiaoping who intiated the reforms back in the 70s, described his approach as “crossing a river by feeling the stones” . Over years china has transformed itself from a hardcore socialistic economy to a socialistic market economy where investments in infrastructure has become the main pillar to generate economic growth and raise the…
Globalisation facilitated the growth, competitiveness and internationalisation of the business landscape, establishing opportunities for firms to expand globally, invest in foreign countries, encouraging business growth, competition and new-market opportunities (De Villa, Rajwani & Lawton,2015). Expansion into foreign markets requires firms to make important strategic decisions regarding which mode of entry to implement. The long-term commitment (Samiee,2014) of the mode of entry, while a key…
Several developing countries around the globe have lifted restrictions on foreign capital inflow since the early 1980s. Brazil undertook a significant position as recipient of foreign direct investments (FDI) in the 1990s. During the last thirty years, a great number of empirical studies focused on the role of FDI in economic growth in developing countries. However, there seems to be no agreement with regard to the direction of causality between these two variables. This study focuses on the…
Country risk is associated with lending or depositing funds, FDI, or any other financial transaction, in a country. Risks can include both political and economic risks, currency blockage, expropriation, financial uncertainties, and inadequate access to hard currencies. Understanding country risk in a global context is important as companies move from being domestic to multi-national companies. Country risk can impact decisions on investment of capital budget, whether to portfolio invest in…
Today, economics of the world, companies of the world, and the world in general, is more connected than ever. Effect of events in one country (part) of the world is not only limited to that country (part), but it is reflected in another countries (parts) as well. For instance, the effects of the financial crisis of 2007-2010, which originated in United States of America, where felt throughout the world. In some countries less, in some countries more, but the effects were there. So was the case…
Global Competitiveness and Foreign Direct Investment Global competitiveness assesses a countries productivity and return on investments by using a number of benchmark measurements. The different measurements expose opportunities for Foreign Direct Investments (FDI) from outside countries or entities (Hill, 2009). As organizations see opportunities to in other countries to invest and increase productivity for their firm and the country it can operate in, FDI becomes mutually beneficial. The…
exchange rate has a significant effect on the country's foreign trade since the competitiveness of the country’s products in global markets depends to a large extent on its level. The exchange rate is necessary for the exchange of currencies in the trade of products and services, the movement of capital and credit. It is also necessary…
Death is a part of life. For as long as someone can live, they can die just as quickly. The reality of death has been portrayed through multiple mediums in various cultures but poetry seems to address it quite often. One poet: Kakinomoto Hitomaro, wrote about the life and death of his wife with frightening emotion. Hitomaro lived in Japan during the 8th century and “his elegy on his first wife is among the most touching poems in any language” (Barnstone 461). Although Hitomaro’s poem is…
during Robin Sage training. UW concept and some of its activities were new to me. Seven years later when someone mentions UW, I remember my Robins Sage training. In my experience, Foreign Internal Defense (FID) is the majority of training I conducted. I heard how SF prides itself in UW, but the focus was on conducting foreign…
unrealistic undertaking, depending on the skills of the applicant and the qualifications required from them. Two specific establishments my major qualifies me to work for would be the Bureau of Diplomatic Security for the US State Department and also as a Foreign Service Officer for the US State Department as well. If I am unable to secure a position with the State Department, a “Plan B” would be working with local law enforcement in the state of Texas, specifically Border Patrol. The Bureau of…