4% and stable, but also meaningless since most people don\'t earn enough from their employment to afford Apple products. More important is actually indicators regarding foreign direct investment, which is a more accurate indicator of how many Burmese will increase their wealth to the point where they are part of Apple\'s target market. FDI has varied over the past few years, which would be considered the economic transition period, ranging from months with $31 million to $2.3 billion (TradingEconomics, 2017). This indicates that the country\'s FDI picture is still small, and somewhat dependent on major projects that bring in a large sum of money in a short period of time. The largest source of FDI… Continue Reading...
of the key prerequisites for foreign investment, along with economic stability, infrastructure, quality of labor force, reliability of legal system and openness to foreign direct investment (Asiedu, 2006).
South Sudan presently has none of the precursors to economic development. Infrastructure is poor -- only 200km roughly of paved roads exist and the country's electricity is mainly provided by diesel generators (CIA World Factbook, 2016). The country has been mired in civil war since independence, further complicating the political environment. One in six South Sudanese has fled their homes, and the fighting is related to ethnic conflict and land disputes (BBC, 2016). Essentially, the people are engaging in land conflict as the consequence of… Continue Reading...
largest target of foreign direct investment (FDI). Indeed, contractual FDI in China at the start of the 21st century was well over half a trillion dollars from among 350,000 different investment ventures (Deng, 2001). This figure has only grown since: by 2013, China received foreign direct investment of approximately 1,085 billion USD—13% of the total FDI stock across the whole of the developing world (Chen, Yao & Malizard, 2017).
However, with the rise of nationalism in both the East and the West—from Russia to China to England to the U.S. (Suzuki, 2015; Gusterson,… Continue Reading...
business can be outlined as all public and private commercial transactions that exist between countries of the world. Foreign direct investment encompasses the inflows of capital from overseas for the investment in local plant and equipment in the production of goods and services and purchasing local companies. There has been a progressive foreign direct investment globally with the world total increasing from $205 billion in 1990 to $1,823 billion in 2008. There are major advantages of international trade. First, there is a greater amount of goods and services to choose from. Second, the level of competition between domestic and international firms leads to decreased prices for goods and… Continue Reading...
even more to open doors for growth in this sector. For one, the country joined the WTO, and ASEAN, and that has helped to open opportunities for foreign direct investment. In addition, this economic growth spurs growth of Myanmar as a consumer of fashion. The fact that trade policies such as the National Export Strategy have focused on the development of the garment industry has helped Myanmar see strong growth in the sector.
The legal story has also been interesting, because the government has pushed back against activists in terms of wages in the garment sector. While the country in general seeks to portray itself as "ethical and sustainable" (Akter, 2017), it also has held wages in… Continue Reading...
particularly in an increasingly globalised business environment. Against the backdrop of tremendous growth of the Japanese economy in the 1980s, Japanese firms invested in a great deal of foreign direct investment (FDI) (Yu, Park and Cho, 2007). This background provided an opportunity for Toyota, Honda, and Nissan to expand their presence around the globe. As a result, the transferability of the Japanese style of management attracted scholarly attention from all over the world. Today, Japanese firms remain prominent sources of management lessons for firms in diverse sectors and industries around the world.
Country-of-Origin Effect and HRM Strategy in MNCs
Broadly speaking, MNCs have two choices when it comes to international human resource management (IHRM). One of the options… Continue Reading...
in the United States. This form of trade is shown to have advantages such as the increase in Foreign Direct Investment (FDI) compared to global trading. This increase enhances technological exchange, business reformations as well as the expansion of international corporations. (Mingst and Arreguin 2011. 165)
Moreover, globalization results in enhanced competition which facilitates the growth of novel technology. The increase in FDI streamlines business operations thus enhancing the trade and industry outcomes. Not only that, but globalization also facilitates the realization of cost advantages which minimize business expenses thus resulting in huge profit margins among global companies. The downside of this is that local small scale enterprises… Continue Reading...
