being used by China to promote economic growth and development. China is one of the fastest growing economies in the 21st century‚‚ it has sustained a high rate of average annual GDP growth of around 9% since 1995. Many strategies and policies have been implemented to ensure these periods of positive GDP growth for maximum periods of time. The major strategies undertaken by the Chinese government currently are all apart of the 5-year plan that are a series of social and economic development initiatives
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Case Study: The impact of globalisation on China The Switched on Urban and the switched off rural As the world becomes increasingly globalised‚ China’s economy has become increasing interconnected with every region across the world. However‚ the gap between the rich and the poor is widening‚ and it is happening across rural-urban boundaries. This means that although the cities are developing and becoming more modernised‚ people living in rural areas are not being affected by this change‚ as a result
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China Case Study 1 trading with china in 2007 container ship Emma Maersk brought 11‚000 containers to the UK for the Christmas market this delivered 45000tons of consumer goods from china & is the latest stage in switching manufacturing from Europe to USA and china in 2006 Felixstone port in Suffolk reported an increase of 16% in Chinese imports‚ since 1980 30% increase‚ importing £22.8billion worth of goods in 2009 China’s growth in manufacturing means Europe consumers can purchase cheaper goods
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ase StudyChina Case Study Background of the Country and its Economy * 2nd Largest Economy in the World. Largest Population in World * Fastest growing economy in past 2 decades averaging <10% p/a. * China has made immense economic and human growth and development in recent decades due to a combination of change in government and policies and globalization. * Is now more a Market Driven Capitalist economy and is now Globally Integrated. = Greater levels of global trade and investment
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Andy Betancourt Period 0 IB Economics Mr. Moody Student Workpoint 1.3 & 1.4 1.3 The HDI represents a push for a broader definition of well being and provides a composite measure of three basic dimensions of human development: health‚ education and income. Between 1980 and 2012 China’s HDI rose by 2.0% annually from 0.407 to 0.699 today‚ which gives the country a rank of 101 out of 187 countries with comparable data. The HDI of East Asia and the Pacific as a region increased from
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Sainsbury is considering doing business in China and India. Therefore‚ it is of significant necessity to evaluate whether Sainsbury should expand to these two emerging markets in order to expand its business. In this report‚ both opportunities and risks of Sainsbury to enter retail markets in China and India will be logically analyzed by using detailed persuading data and facts. To be specific‚ based on some analytical frameworks and models‚ the economic‚ political and legal‚ as well as cultural environments
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China’s economic growth and development One of the many ways that China was able to develop and grow at such a high growth rate is due to the four factors‚ land‚ labour capital and enterprise. The fact that China is such a huge country they can use that land as minerals‚ since china has a lot of minerals available china are able to use that minerals into exports or to be inject into the economy by building roads or building to further increase GDP. Another way why china is growing so fast is that
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The Case Study: The UK current account deficit and exchange rate Introduction This case study will explain the exchange rate depreciation‚ discuss the likely effect of it on the deficit the trade of goods and services on the current account‚ the three main costs to the UK economy of a sustained current account deficit; and also the explain the reason why UK current account deficit has not decreased as expected following a significant fall in the sterling exchange rate between mid 2007 and early
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Individual Coursework International Economics Compiled By: Ankit Malhotra BBA III 110085 TOPIC: Should governments seek to protect “strategic industries”? Introduction Strategic Industry is an industry an industry that a country considers very important for its economic development‚ growth‚ safety and stability. It also contributes a major share to the GDP and employment rate of its country. The characteristics of as strategic industry are that it has
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Case Study in Economics 1 Philippines Elections: A failure even from the very Beginning The Philippines our country‚ the home of the Filipinos and the so called ‘Pinoy’ me and you are all this so called ‘Pinoy’. Well every Filipinos have their own rights and their own freewill to vote for their desired leader. And every candidate have their own reasons and their own platforms. We don’t know what are these reasons‚ but we know their platforms and this is the bad side of not knowing our own candidates
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