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时间:2019-11-06
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1、GlobalbusinesstodayChapter1:Globalization1.Describetheshiftsintheworldeconomyoverthelast30years.WhataretheimplicationsoftheseshiftsforinternationalbusinessesbasedinGreatBritain?NorthAmerica?HongKong?Answer:Theworldeconomyhasshifteddramaticallyoverthepast30years.Aslateasthe1960s,fourstylizedfacts
2、describedthedemographicsoftheglobaleconomy.ThefirstwasU.S.dominanceintheworldeconomyandworldtrade.ThesecondwasU.S.dominanceintheworldforeigndirectinvestmentpicture.Relatedtothis,thethirdfactwasthedominanceoflarge,multinationalU.S.firmsintheinternationalbusinessscene.Thefourthwasthatroughlyhalfof
3、theglobe-thecentrallyplannedeconomiesoftheCommunistworld-wasoff-limitstoWesterninternationalbusinesses.Allofthesedemographicfactshavechanged.AlthoughtheU.S.remainstheworld'sdominanteconomicpower,itsshareofworldoutputandworldexportshavedeclinedsignificantlysincethe1960s.Thistrenddoesnotreflecttro
4、ubleintheU.S.economy,butratherreflectsthegrowingindustrializationofdevelopingcountriessuchasChina,India,Indonesia,andSouthKorea.Thistrendisalsoreflectedintheworldforeigndirectinvestmentpicture.AsdepictedinFigure1.2inthetextbook,theshareofworldoutput(orthestockofforeigndirectinvestment)generatedb
5、ydevelopingcountrieshasbeenonasteadyincreasesincethe1960s,whiletheshareofworldoutputgeneratedbyrichindustrialcountrieshasbeenonasteadydecline.Shiftsintheworldeconomycanalsobeseenthroughtheshiftingpowerofmultinationalenterprises.Sincethe1960s,therehavebeentwonotabletrendsinthedemographicsofthemul
6、tinationalenterprise.Thefirsthasbeentheriseofnon-U.S.multinationals,particularlyJapanesemultinationals.Thesecondhasbeentheemergenceofagrowingnumberofsmallandmedium-sizedmultinationals,calledmini-multinationals.ThefallofCommunisminEasternEuropeandtherepublicsoftheformerSovietUnionhavebroughtabout
7、thefinalshiftintheworldeconomy.ManyoftheformerCommunistnationsofEuropeandAsiaseemtoshareacommitmenttodemocraticpoliticsandfreemarketeconomies.SimilardevelopmentsarebeingobservedinLatinAmerica.Ifthesetrendscontinue,theopportu
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