DEVELOPING COUNTRIES/EMERGING ECONOMIES

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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
      • 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
          • CHINA BALANCES THIS TRADE SURPLUS WITH LARGE CAPITAL OUTFLOWS
            • INVESTS IN OVERSEAS FACTORIES, MINES AND LENDS TO GOVERNMENTS, E.G. US.
      • 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
        • CHINA BALANCES THIS TRADE SURPLUS WITH LARGE CAPITAL OUTFLOWS
          • INVESTS IN OVERSEAS FACTORIES, MINES AND LENDS TO GOVERNMENTS, E.G. US.
      • 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

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