This paper reviews several articles which focuses on the economic growth of China and the impact of all the internal and external factors. The Economic Rise of China: Threat or Opportunity? In this article the author has focused on the international aspects of economic development in China. China has changed its foreign trade policies since 1978 when it encouraged free trade and abolished trade restrictions. The government encouraged private companies to engage in foreign trade. The gross domestic product (GDP) of China has increased substantially and in 2002 China’s GDP was more than eight times than that of 1978. Globally, China had the fastest long-term rate of growth from 1978-2002. China’s growth was steady and fast even during the global growth recession in 2001. The author has pointed out that foreign direct investment has also been largely responsible for the growth of China’s economy. Since the economic reform in 1978, China’s perspective has changed on foreign investment. China now considers foreign investments as causes for its own economic development. China created many opportunities for foreign investments in 1980 and although in the beginning the flow of capital was modest, in the early 1990s the inflows increased to more than $25 billion. ...Show more
Macroeconomic convergence, financial development and economic growth: CHINA Literature Review Introduction China began its economic reform from the year 1978. Since then the nation has experienced steady and rapid growth of per capita economic growth which is among the highest rates in the global economic history…
In such a scenario, the well developed financial institutions become crucial for the efficient resource allocation, as against the shocks in the growth opportunities .Walter Bagehot and John Hicks had argued that the financial development in England had played a critical role in its industrialisation process by facilitating capital mobilisation.
A nation’s economy is very significant in the development of that particular nation in diverse areas. Every nation has the manoeuvre to better its economy in a bid to better the livelihood of its citizens and to increase independence.
Analysts have found that higher incidences of investment are being found in the emerging countries. The concentration of the Equity Portfolio Flows (EPF) is the highest among a cluster of emerging economies, Latin America being the biggest destination for foreign investors (Claessens, 1993).
The other important trade partners of Sweden are France, Belgium and UK. Sweden also does require a large amount of imports to support its economy. The nation procures more than 17 percent of the needed imports from Germany.
Globalization is a significant but not a new economic phenomenon. World Bank throws out that there were three main globalization waves since 1870 where the global economy, capital flow and migration have been increasing dramatically.
According to the report for the last forty years, many nations have been involved in activities that are aimed at promoting and protecting foreign investments for economic benefits. Differing arguments both for and against BITs have found place in scholarly work and today, there exists a lot of literature on BITs.
Though, the luxury goods manufacturing industry is operating in a favorable environment, there are numerous challenges that are still causing lapses in the development of this industry. These challenges might include globalization of industries, intense competition; majority of the luxury markets has reached to a maturity stage and the highly complex consumer preferences towards consumption of luxury branded goods (Hauck & Stanforth, 2007).
The global telecommunication industry has been experiencing a radical financial growth throughout the decades. In relation to the recent pace of the global economic development, the telecommunication sector can also be considered as a key player in terms of contributing major support to the national economy of the countries (Chai & Roy, 2006).
rocess through which investors and fund managers identify potential risks of their businesses and act in such a way that their business interests are safeguarded. Allen goes ahead to assert that the decision on whether to accept or take mitigation steps towards the potential
16 pages (4000 words)Literature review
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