Lecture International trade and investment: Chapter 14 - John Gionea

Chapter 14: Doing Business in Industrialised countries E.U THE TRIAD USA Japan Copyright ©2003 McGraw­Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea TOPIC PLAN – Definition of Industrial Countries (IC’s) – Import markets in IC`S – Trade issues in IC`S – Export marketing aspects – Considerations for Investing in IC`S Copyright ©2003 McGraw­Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea Features of Industrialised Countries • High per capita income and standard of living • Market based economic systems.Limited government intervention • Mature secondary sector; Dynamic tertiary sector • Rational macroeconomic policies • Sophisticated financial systems • Well­develop infrastructures • Advanced communication networks • High­level education and training Copyright ©2003 McGraw­Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea Industrial Countries As Mixed Economies • Predominance of the private sector – Domestic firms (small,medium,large) – MNE`s • Various degrees of government intervention. • Substantial freedom for markets and MNE`s Copyright ©2003 McGraw­Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea Government Involvement in the Production of Goods & Services • Government sector:about 1/3 of GDP of IC`s + 10% of GDP for government companies • Government ownership : Electric and telephone utilities, • Banking,Petroleum etc. • Australia – About 1/4 of GDP( >US and UK ; < West Europe) Copyright ©2003 McGraw­Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea ... - tailieumienphi.vn