Globalisation Flashcards
How many members does the WTO have?
157
How many companies does the Tata Group have?
100 companies with each of them operating independently
How many countries does the Tata Group operate in?
80 countries which receive 58% of its revenue
What is the Tata Groups presence in the UK?
- Jaguar and Land Rover bought by Tata Motors for $2.5bn in 2008
- Tetley Groupby Tata Tea for $430mn in 2000
How many people live in a around Bangalore?
10mn people
How many Technology companies are registered in Bangalore?
120
How many millionaire are there in Bangalore?
13,000
What % of global trade did China have in 2013?
38.1%
What is China’s current economic growth?
6.9% –> should be above 7%
How much do local Zambians get paid by the Chinese?
$53
What is China’s electronics business like?
- Innovating and advancing in electronics
- 2nd biggest P.C manufacturer
- Zenevo - now the biggest P.C manufacturer
Why has Guangdong experienced a remarkable economic boom in the last 30 years?
1) Government polices - free trade and GDI
2) Geographical advantages - coastal location and close proximity to Hong Kong
3) Huge workforce - 104.4mn
What influence does the PRD have on Guangdong?
PRD accounts for 78.9% of Guangdong’s GDP and 72.5% of Guangdong’s retail sales in 2014
What is the growth rate of urbanisation?
5%
How many Guangdong cities have no sewage treatment?
75%
How many days in a year is their brown smog?
130 days
What are the economic problems in Guangdong?
-Low wages - US$107 a month
How much of UK exports do financial services and business services make up?
One third of exports
How attractive is the UK for FDI?
The UK is the 2nd most attractive country in the world for FDI
UK migration in 2014
15% of the workforce is foreign born compared to 12.5% in 2006
How people do Ikea employ worldwide?
118,000