Over the past 30 years China has risen from the rubble, it has undergone a social, economic, political and environmental change so quickly that it astonishes the rest of the world. In the blink of an eye, it has become the manufacturing capital of the world. China has proven that it is possible to have a communist-capitalist government system. Although the transformation China has undergone is unbelievable, the country has also run into many problems along the way like overpopulation, environmental issues causing the economic growth is starting to slow down. China has had the largest ongoing migration in history, currently the government is planning to move 250 million people from farms to urban cities (New York Times).
At this current rate of population growth is now a significant burden to human well-being. The trend of the population growth in the world is related to the development of the country where, there is a very sharp decline in fertility in the developed countries, and how long it has lasted, has been completely unforeseen. Conversely, developing countries have accounted for 97 percent of this population growth. (Prborg, 2015) The relationship between population growth and per capita income can be both a positive and negative. It is a positive impact as the expanding population in a country leads to economic development which encourages competition in business activities, stimulating market growth.
Economic globalization is characterized by the growing interdependence of national economies around the globe (Dollar 2005). Increase in economic interdependence refers to the expansion of cross-border trade, international investment and migration. In the twenty first century national economic development is hardly possible without integration into the global economy. As a matter of fact developed countries have been dominating the process of economic globalization and are used to be seen as its main driving force. Thus, in the mid-90s developed countries were responsible for nearly 82% of the total value of cross-border trade in the whole world in addition to over 80% of the world’s total value of foreign direct investment (FDI) (Shangquan 2000).
The economy has always been a source of great debate amongst the leading capitols of the world; and why shouldn’t it be? Considering that only slight change in scales can wreak havoc on the fragile economy. Up until recently the limelight for the stability of the economy shined only on industries such as oil industry, gold, and technology and so on; however, recently amongst the monopolized foray of industrial play has emerged another player- The Fashion Industry. Fashion is a $1.2 trillion worldwide industry, with more than $250 billion spent yearly on design in the United States, as per industry experts. With a developing number of high-esteem professions that pay high wages, fashion is presently having a major effect on the economy with
• Growth rates and profitability: The booking center recorded an 18% increase in turnover and 3% on reservations, or 62 million. This represents 114,000 overnight stays and 51 000 bookings: 42% Internet, GDS 31% and 27% by the plant. Threats • Unexpected Problems: Since it’s an internationalized company, for sure they have many difficulties according to the different cultures and administrative problems. • Increasing costs: Growing economies can bring increased cost with
In Ruainovic’s immigration entrepreneurship study (2006), among all the immigrants, Chinese immigrant have been seen as the most active as entrepreneurs in comparison to the other ethnic groups in the Netherlands, accounting for 15.7% of the self-employment rates among non-western immigrants in the Netherlands in the year of 2003 (Bijl et al, 2005, cited in Ruainovic, 2006, p 22). The phenomenon of transnational entrepreneurs has become inevitable in this fast changing world. It has attracted interest from scholars and literature on immigrants’ entrepreneurship has increased as well. There was one particular type of the entrepreneurs, who establish their ventures by mobilizing their cross-country social networks as an alternative form of economic adaptation of foreign minorities in advanced societies (Portes, Guarnizo and Haller, 2002) and they were referred as transnational entrepreneurs. Transnational
In many countries, especially it is seen in developed countries that ageing increases pressure on social security programs as cuts in benefits and tax increases with massive loans and lower living standards can affect the society as a whole. These are now considered as the policies that need to be addresses in order to maintain and manage the retirement programs (CGA, 2006). Ageism is a concept that is described as discrimination among the members of societies based on ages. This increases stigmas that are stuck with the ones above the ages of 65 by the youth oriented society. They are then considered as unworthy part of the society increasing negative impact on them.
Trade exchange of U.S.A:- International trade plays an important role in U.S.A economy. Indeed, even U.S.A assumes a critical part in universal exchange cycle. There items and administrations reach past our fringes and are sold to the 95% of the total populace that lives outside the Assembled State. Advantage U.S.A got from Global exchange from past number of year:- • More than 41 million American employments rely upon exchange, and exchange is basic to the achievement of numerous areas of the U.S. economy. • According to repot from Central Bank of St. Louis, U.S.A. fabricating yield has ascended by almost 80% in the course of recent years.. • 98% of the around 300,000 U.S. organizations that fare are little and medium-sized organizations,
The increasing importance of migration comes from its rising scale. According to the United Nations, ‘in 2013 the number of international migrants worldwide reached 232 million, from 175 million in 2000’ (Department of Economic and Social Affairs of the United Nations, 2013). The reasons for such an increase in international migration are complex. There are different factors that make people leave their own countries: economic, political, environmental or social. However, the essential reason that drives migration is the economic development of countries.