Economic growth can be measured by 3 different figures; gross domestic product (GDP) per capita, GDP purchasing power parity (GDPPPP), and real GDP. In Australia the GDP per capita, GDPPPP, and real GDP respectively are $43,000 which is 19th in the world, $998.3 billion which is 18th in the world, and 2.5 % which is 127th in the world. Nepal’s GDP per capita is $1,500 which is 205th in the world, its GDPPPP is $42.06 billion which is 104 compared to other countries in the world, and Nepal’s real GDP is 3.6 % ranked as 89th in the world. These statistics prove that even though Nepal is a lot poorer than Australia, it is continuously developing and its economy is growing faster than Australia which is good for its development.…
1. What is the climate for doing business in India? Is it supportive of foreign investment? In the past, doing business in India has been quite difficult because of too many barriers to effective operation. As a result, some MNCs left India. In recent years, the government has been relaxing its bureaucratic rules, particularly those relating to foreign investments. From 1981 to 1991, total foreign direct investment in India increased by $250 million, and after that time the climate for foreign investment has improved markedly. One reason for this change is that the government realizes that any monies not invested in India may be lost to China forever. Additionally, it can be seen that foreign investments are having a very positive effect in the Indian economy.…
Goods may be having low value/weight ratio (ex. Soft Drink, Cement etc). Due to high cost of transportation in such cases, attractiveness to export decreases and establishing manufacturing facility in host country is preferred. It is also because MNC’s prefer a location to manufacture from where exporting to nearby regions becomes cheaper in terms of transportation costs.…
10. Until 2005, Bangladesh’s opportunities in the developed nations were governed by a quota system. Introduction of free trade policies enabled Bangladesh to increase its exports. Competitive advantage in the production of textiles. – low cost, productive labour force. – strong network of supporting industries. Also, attracted Western importers looking to diversify their supplier base.…
The political background of a potential investment country is of major importance when it comes to the decision-making of Foreign Direct Investment because it provides information about the countries’ stability and makes future changes predictable. Due to experience it might be easier to invest in a host country with a similar political structure as the home country. Nevertheless, this would limit the amount of possible host countries and reduce the chances to find the optimal investment opportunity.…
Economic freedom flourishes in free market and rule of law systems. Characteristics: free and fair elections, the right to form political parties, fair electoral laws, existence of a parliament or other legislative body, freedom from military domination etc. International Business: Strategy, Management, and the New Realities 14 International Business: Strategy, Management, and the New Realities 15…
Middle part of the country is occupied with a Mahabharat range. Upper area, the northern part is occupied by the himalays having spared vegetation. It contains more than 240 peaks over 20,000 ft (6,096 m) above sea level. Nepal has eight among ten highest mountains of the world. The highest peak of the world Mount Everest is located in Nepal.The climate of the country varies with the elevation range. The vast majority of Nepal's population makes a living from subsistence agriculture.…
Economic freedom is the way a country operates. It involves the techniques a country uses to produce, sell and use their own resources while respecting others’ rights to do the same. (Economic freedom 2011) Economic freedom is very import because it impacts the success of that country. Those countries thriving in economic freedom tend to thrive while those who are not tend to be in poverty filled environments. Living an economy with high levels of economic freedom reflect areas that have higher incomes, longer life expectancies and less unemployment. (Economic freedom 2011) The Heritage Foundation, in collaboration with the Wall Street Journal publishes the Index of Economic Freedom. This publication reveals the results of measuring economic freedom of different countries in the world, as well as ranking them. The Heritage Foundation includes multiple components when measuring economic freedom; some of these components include levels of business, trade, labor freedom, and government spending. This essay will focus on the relationship of economic freedoms and wealth as well as take a closer look at the country of Haiti.…
$1.609 Billion (2009) f.o.b.; note - does not include unrecorded border trade with India (2008)…
The vision for a new Nepal has to have an important place for a dynamic capital…
A mixed economic philosophy, which allows the public and private sectors to flourish in sectors where they do best, will be best suited to Nepal. The state alone cannot transform the economy. If it could, China and Vietnam would not have done everything to promote domestic and foreign private investment.…
1. On feb.2008 European Union adopted a declaration because of farmer's protest around the euro zone. In that declaration it was stated that - evidence from across EU suggests large super stores are abusing their power to focus down prices take suppliers to unsustainable levels and impose unfair condition on them. The declaration came because of farmers protests in front of super markets across European countries like France, Italy, Netherlands, Belgium the nature of the complaints are similar in the zone, which are as follows:…
An analysis of the revenue from the existing taxes shows that the indirect taxes predominate the revenue yield of the country. More than 70% of the tax revenue are from indirect taxes.…
Nepal is a landlocked country in South Asia, between China and India. Although strategically placed between two large well-known countries, Nepal happens to be one of the poorest countries in the world. There are over 29 million people inhabiting the country today, and one third of which live under the poverty line. Nepal has a GDP per capita of 1,200 dollars. The mainstay of the economy is agriculture, and their main import and export partners are China and India. The Nepali government is categorized as a federal democratic republic (CIA World Factbook). At this point in time, the country is currently unstable. There was a civil war for ten years, from 1996 to 2006. Nepal is still recovering, and occasionally has to deal with the Maoist rebels who try to overthrow the government (BBC News: Nepal Leaders). Additionally, the literacy rate is 63%, and Nepalese people go to school for about 9 years throughout their lifetime. On average, a Nepalese person is said to live about 67 years, ranking Nepal’s life expectancy rate in the bottom lower half division compared to the rest of the world (CIA World Factbook).…
F.Y.B.A. Revised Syllabus (2008-2009) INTRODUCTION TO SOCIOLOGY G-1 Section-I (First Term) Chapter-1 : Sociology as a Science a) b) c) d) e) Lecture hours per chapter Definition, Subject matter and Scope of Sociology Nature of Sociology as a Science, Perspectives in Sociology, Development of Sociology as a discipline in India : A brief historical Outline Importance and Application of Sociology – Public Sociology –…