FDI-end of processes

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what is the biggest challange of globalisation?
spreading the imrpovements in the quality of life to all
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how many unequal countries in the world?
200
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what was the ratio of wealth between richest/poorest in 2004?
1:100
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what evidence is there of progress?
no in extreme poverty falling from 1451 million in 1981 to 1101 million in 2001
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how many countries is income per capita declining?
54
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what is FDI
direct investment into production/business in a country by another country, either by buying a company or expanding operations there
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what % of world FDI is between developed countries?
66%
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during 1980s what was FDI integral to?
intergral in the global shift of manufacturing
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what about in 2000?
FDI is now important for the service sector, including finance, telecommunications and tourism
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what % of IT workforce in Bangalore?
45%
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when did Bangalore set up electronic cities to become 'hubs'
1990s, to become hubs for high-tech firms
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evidence bangalore india's fastest growing city
1.6 million in 1970 to 7.2million in 2010
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how many companies in the 'fortune 500' list have R&D in India?
63 in India and 98 in china
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how much did General Electric's healthcare branch spend on R&D in India?
$50m building a vast R&D centre in Bangalore
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where is cisco's second headquarters?
spent more than $1billion on Cisco East-vast HQ in Bangalore
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what proportion of Accenture's workforce in India?
1/4
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how many graduate in India?
3million
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what % Indians satisfied with life?
94%
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how many R&D centers set up in India?
750
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how many IBM employees predicted by 2012?
150,000 in India and 98,000 in US
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what year did state take charge of entire sections of chinese economy?
1949-nationalised industry and planned economy
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how much did industrial production grow by?
11.5% per year 1952-1978
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what happened in 1950s
peasant landholding grouped into agricultural collectives-communes
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what did this permit?
the rapid diffusion of technical progress and org of agri production at a larger scale
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what did this allow for?
"the green revolution" in which important scientific advances improved agri output
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what was introduced in 1961?
a breed of hybrid corn
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what fertiliser established in 1973?
a nitrogen fertiliser
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how much did l/e increase by?
66.4 to 69.4 in 1982
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stages
special economic zones, open coastal cities, yangtze valley
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what happened in 1979?
special economic zones created in southern part of the country
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what did this entail?
land and infrastructure placed at the disposition of foreign capitalists
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what happened in 1984?
open coastal cities created which allowed western companies to instal themselves along eastern coast
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what happened in 1992?
entire yangtze valley opened to foreign investment
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when were special economic zones created?
1979
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when did the government create open coastal cities?
1984
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when was the yangtze valley opened?
1992
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how many miles of railroad has china built?
6,700 miles and 185,000 of roads
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what % power generated from fossil fuels at thermal plants?
80%
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what industries have rapidly grown?
automobile and petrochemical
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what are chinas main exports?
machinery and electronic products
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what is it a world leading manufacturer in?
chemical fertilisers and cement and steel
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when did it construct huge new plants?
constructed them in Anshan
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how many cars exported in 2007
9,000,000
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what % of GIO does textiles account for?
10%
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what rank is their service sector?
7th worldwide
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what % of world market share will china's tourism be?
8%
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fact about microsofts R&D centre in Beijing
the largest outside the american headquarters in Redmond
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what has Huawer, chinese telecoms giant become...
4th largest patent applicant
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where is singapore located?
southern most tip of south east asia
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why is it strategic?
deep water harbour linking routes from europe to australia and west coast of americas
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what year were the NICs?
1960s
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asian tigers
singapore, taiwan, south korea and hong kong
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south america
mexico and brazi
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european countries
portugal, greece and former yugoslavia
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stage 1
1950s-60s, labour intensive industries encouraged, produced good more cheaply than old industrial countries
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stage 2
money earnt from exports invested im IMPORT SUBSTITUTION
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stage 3
money saved by reducing imports invested in EXPORT-ORIENTATED
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what % of south korea chinese?
65%
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when was the crash?
1990s
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Card 2

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how many unequal countries in the world?

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200

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what was the ratio of wealth between richest/poorest in 2004?

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Card 4

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what evidence is there of progress?

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Card 5

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how many countries is income per capita declining?

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