DEVELOPING COUNTRIES/EMERGING ECONOMIES
- Created by: rebecca
- Created on: 21-03-13 17:20
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- DEVELOPING COUNTRIES /EMERGING ECONOMIES
- INDIA
- SECOND MOST POPULATED COUNTRY
- ADDED 181 MILLION TO ITS POPULATION IN THE LAST DECADE
- HIGH POPULATION CAN FILL JOB VACANCIES
- INDIA NEED TO IMPROVE THEIR EDUCATION STANDARDS
- INDIA'S ECONOMIC GROWTH MAY NOT BE ENOUGH TO BENEFIT THE INCREASING POPULATION?
- POPULATION = 1.21 BILLION
- CURRENCY = RUPEES
- UNEMPLOYMENT = 9.4%
- INTERNET ACCESS = 36%
- GROWTH RATES
- ECONOMIC GROWTH IS EXPECTED TO LIFT 367 MILLION OUT OF POVERTY BY 2015
- INDIA COULD GET GDP LEVELS CLOSE TO THE USA BY 2030
- 10.1% GROWTH IN 2006
- GOOD WITH I.T. AND SPEAKING ENGLISH
- IMPORTS AND EXPORTS
- IMPORTS MORE THAN THEY EXPORT
- GOOD RELATIONSHIP WITH THE UK
- SINCE 2002, UK EXPORTS TO INDIA HAVE GROWN BY 14%
- TRADE OPPERTUNITIES
- GOVERNMENT IS SPENDING £600BN ON INFRASTRUCTURE PROJECTS
- MANUFACTURING SECTOR IS EXPANDING RAPIDLY
- INDIA HEALTH CARE IS EXPANING
- UK PHARMACEUTICALS WILL BENEFIT
- ENTERTAINMENT AND MEDIA SETORS ARE EXPANDING RAPIDLY WITH RISING INCOMES
- CHINA
- 1 IN 5 PEOPLE LIVE IN CHINA
- ONE CHILD POLICY
- BY LATE 2019, CHINA'S POPULATION IS EXPECTED TO REACH 1.4 BILLION
- REDUCES THE NUMBER OF PEOPLE AVALIBLE TO WORK
- PUTS PRESSURE ON WAGES
- REDUCES THE NUMBER OF PEOPLE AVALIBLE TO WORK
- POPULATION = 1.34 BILLION
- CURRENCY= YUAN
- INFLATION = 5.5%
- UNEMPLOYMENT = 4.3%
- INTERNET ACCESS = 36%
- GROWTH RATES
- IN THE 3/4 OF 2011 CHINA'S GROWTH SLOWED TO 9.1% FROM 9.5% IN THE 2/4
- MANY PEOPLE EMERGING FROM POVERTY
- EXPECTED TO BE THE WORLDS LARGEST ECONOMY BY 2020
- BOTH EXPORTS HAVE RISEN BY AROUND 20% A YEAR
- INDIA
- SECOND MOST POPULATED COUNTRY
- ADDED 181 MILLION TO ITS POPULATION IN THE LAST DECADE
- HIGH POPULATION CAN FILL JOB VACANCIES
- INDIA NEED TO IMPROVE THEIR EDUCATION STANDARDS
- INDIA'S ECONOMIC GROWTH MAY NOT BE ENOUGH TO BENEFIT THE INCREASING POPULATION?
- POPULATION = 1.21 BILLION
- CURRENCY = RUPEES
- UNEMPLOYMENT = 9.4%
- INTERNET ACCESS = 36%
- GROWTH RATES
- ECONOMIC GROWTH IS EXPECTED TO LIFT 367 MILLION OUT OF POVERTY BY 2015
- INDIA COULD GET GDP LEVELS CLOSE TO THE USA BY 2030
- 10.1% GROWTH IN 2006
- GOOD WITH I.T. AND SPEAKING ENGLISH
- IMPORTS AND EXPORTS
- IMPORTS MORE THAN THEY EXPORT
- GOOD RELATIONSHIP WITH THE UK
- SINCE 2002, UK EXPORTS TO INDIA HAVE GROWN BY 14%
- TRADE OPPERTUNITIES
- GOVERNMENT IS SPENDING £600BN ON INFRASTRUCTURE PROJECTS
- MANUFACTURING SECTOR IS EXPANDING RAPIDLY
- INDIA HEALTH CARE IS EXPANING
- UK PHARMACEUTICALS WILL BENEFIT
- ENTERTAINMENT AND MEDIA SETORS ARE EXPANDING RAPIDLY WITH RISING INCOMES
- IMPORTS AND EXPORTS
- CHINA HAS A LARGE BALANCE OF PAYMENTS SURPLUS
- EXPORTS MORE THAN IMPORTS
- KEEPS THE EXCHANGE RATE LOW
- MORE COMPETITIVE
- CREATES MORE JOBS
- KEEPS THE EXCHANGE RATE LOW
- EXPORTS MORE THAN IMPORTS
- CHINA BALANCES THIS TRADE SURPLUS WITH LARGE CAPITAL OUTFLOWS
- INVESTS IN OVERSEAS FACTORIES, MINES AND LENDS TO GOVERNMENTS, E.G. US.
- CHINA HAS A LARGE BALANCE OF PAYMENTS SURPLUS
- INDIA
- IMPORTS AND EXPORTS
- CHINA HAS A LARGE BALANCE OF PAYMENTS SURPLUS
- EXPORTS MORE THAN IMPORTS
- KEEPS THE EXCHANGE RATE LOW
- MORE COMPETITIVE
- CREATES MORE JOBS
- KEEPS THE EXCHANGE RATE LOW
- EXPORTS MORE THAN IMPORTS
- CHINA BALANCES THIS TRADE SURPLUS WITH LARGE CAPITAL OUTFLOWS
- INVESTS IN OVERSEAS FACTORIES, MINES AND LENDS TO GOVERNMENTS, E.G. US.
- CHINA HAS A LARGE BALANCE OF PAYMENTS SURPLUS
- BOTH HAVE HIGH BARRIERS TO ENTRY
- BOTH COUNTRIES MUST HAVE A JOINT VENTURES BEFORE ALLOWING WESTERN FIRMS TO ENTER THEIR MARKET
- BARRIERS TO ENTRY
- HARD TO COMPETE WITH STATE OWNED ENTERPRISES THAT HAVE GOVERNMENT SUBSIDIES
- TRADE OPPERTUNITIES
- HIGH DEMANDED RAW MATERIALS AND ENERGY SUPPLES
- CHINESE CAN BE QUICK TO ADOPT WHAT WERE ONCE UNFAMILIAR PRODUCTS
- CHINA NOW HAS A MILLION MILLIONAIRES - WEALTHY CONSUMERS
- INDIA
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