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时间:2017-05-06
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1、GlobalbusinesstodayChapter1:Globalization1.Describetheshiftsintheworldeconomyoverthelast30years.WhataretheimplicationsoftheseshiftsforinternationalbusinessesbasedinGreatBritain?NorthAmerica?HongKong?Answer:Theworldeconomyhasshifteddramaticallyoverthepast30years.Aslate
2、asthe1960s,fourstylizedfactsdescribedthedemographicsoftheglobaleconomy.ThefirstwasU.S.dominanceintheworldeconomyandworldtrade.ThesecondwasU.S.dominanceintheworldforeigndirectinvestmentpicture.Relatedtothis,thethirdfactwasthedominanceoflarge,multinationalU.S.firmsinthe
3、internationalbusinessscene.Thefourthwasthatroughlyhalfoftheglobe-thecentrallyplannedeconomiesoftheCommunistworld-wasoff-limitstoWesterninternationalbusinesses.Allofthesedemographicfactshavechanged.AlthoughtheU.S.remainstheworld'sdominanteconomicpower,itsshareofworldou
4、tputandworldexportshavedeclinedsignificantlysincethe1960s.ThistrenddoesnotreflecttroubleintheU.S.economy,butratherreflectsthegrowingindustrializationofdevelopingcountriessuchasChina,India,Indonesia,andSouthKorea.Thistrendisalsoreflectedintheworldforeigndirectinvestmen
5、tpicture.AsdepictedinFigure1.2inthetextbook,theshareofworldoutput(orthestockofforeigndirectinvestment)generatedbydevelopingcountrieshasbeenonasteadyincreasesincethe1960s,whiletheshareofworldoutputgeneratedbyrichindustrialcountrieshasbeenonasteadydecline.Shiftsinthewor
6、ldeconomycanalsobeseenthroughtheshiftingpowerofmultinationalenterprises.Sincethe1960s,therehavebeentwonotabletrendsinthedemographicsofthemultinationalenterprise.Thefirsthasbeentheriseofnon-U.S.multinationals,particularlyJapanesemultinationals.Thesecondhasbeentheemerge
7、nceofagrowingnumberofsmallandmedium-sizedmultinationals,calledmini-multinationals.ThefallofCommunisminEasternEuropeandtherepublicsoftheformerSovietUnionhavebroughtaboutthefinalshiftintheworldeconomy.ManyoftheformerCommunistnationsofEuropeandAsiaseemtoshareacommitmentt
8、odemocraticpoliticsandfreemarketeconomies.SimilardevelopmentsarebeingobservedinLatinAmerica.Ifthesetrendscontinue,theopportu
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