FACTS Flashcards
Examples of FDI
Coca-Cola has invested $1.5 billion in the Russian economy. This includes training of the construction of manufacturing plants and improvements to infrastructure
In 2015, a Japanese car manufacturer, Nissan invested £100 million in its car plant in Sunderland in the UK
World’s largest TNC
2016 –> Wal-Mart stores with a turnover of $482 billion, which is the equivalent of Poland’s GDP
EU
- 28 countries
- a population of 510 million
- GDP (PPP) $19 trillion
- free migration across borders
- 2007 - the EU blocked £50 million worth of Chinese made clothes from entering the UK as the annual quota had been filled
World Bank loans and grants
in 2014 it distributed US$ 65 billion in loans and grants
Immigrants in London
in 2011, the parents of 65% of the babies born in London had been born outside of the UK themselves
Internal migrants
in 2013, 750 million internal migrants were living in cities across the world
UK clothing manufacturing
by 2015, only 12% of M&S clothing was made in the UK