...Global Economics Paper No: 192 Goldman Sachs Global Economics, Commodities and Strategy Research at https://360.gs.com The Long-Term Outlook for the BRICs and N-11 Post Crisis The BRIC and N-11 countries are emerging from the crisis better than the developed world. As a result, our long-term projections for the BRICs look more, rather than less, likely to be realised. It is now possible that China will become as big as the US by 2027, and the BRICs as big as the G7 by 2032. Within the BRICs and N-11, China, Brazil, India, Indonesia and the Philippines appear to be performing best. Bangladesh, Egypt, Korea, Nigeria, Turkey and Vietnam form a second group of countries that have performed broadly in line with expectations. Iran, Mexico, Pakistan and Russia have need for improvement. We show the ongoing dramatic BRIC influence in key product markets, with autos and crude oil as examples. Important disclosures appear at the back of this document Thanks to Dominic Wilson, Michael Buchanan, Paulo Leme and Swarnali Ahmed for their valuable comments, and to Alex Kelston for the Growth Environment Scores Jim O’Neill and Anna Stupnytska December 4, 2009 Goldman Sachs Global Economics, Commodities and Strategy Research Global Economics Paper Contents Summary Section 1. Where We Stand on the BRICs and N-11 Section 2. The BRICs and N-11 in the Aftermath of the Crisis 2.1 BRICs and N-11 Global Importance Continues to Rise 3 4 6 6 Higher growth contribution...
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...informally known as the Reproductive Health Law or RH Law, is a law in the Philippines, which guarantees universal access to methods on contraception, fertility control, sexual education, and maternal care. How does RH Law started? According to the Senate Policy Brief titled "Promoting Reproductive Health", the history of reproductive health in the Philippines dates back to 1967 when leaders of 12 countries including the Philippines' Ferdinand Marcos signed the Declaration on Population. The Philippines agreed that the population problem should be considered as the principal element for long-term economic development. Thus, the Population Commission was created to push for a lower family size norm and provide information and services to lower fertility rates. Different presidents had different points of emphasis. President Ferdinand Marcos pushed for a systematic distribution of contraceptives all over the country, a policy that was called "coercive", by its leading administrator. The Corazon Aquino administration focused on giving couples the right to have the number of children they prefer, while Fidel V. Ramos shifted from population control to population management. Joseph Estrada used mixed methods of reducing fertility rates, while Gloria Macapagal-Arroyo focused on mainstreaming natural family planning, while stating that contraceptives are openly sold in the country. In 1989, the Philippine Legislators’ Committee on Population and Development (PLCPD) was established...
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...ASEAN and its ECONOMIC INTEGRATION 1) Objectives of this paper The objective of this paper is to dissect the concept of the ASEAN integration by looking into the history of the ASEAN, a brief analysis of the past treaties that have been passed and implemented, a scrutiny of the pillars of the ASEAN Economic Community (AEC) and the challenge it poses to all its member nations – including the Philippines. 2) Introduction ASEAN, A brief history Before analyzing the AEC or the treaties that ASEAN have passed, it is a need to understand the rationale and the history behind its formation. The goals and precepts the ASEAN have been outlined as such because of a myriad of significant historical events. South-East Asia was a region experiencing turmoil during the 1960s. Malaysia and Philippine relations were damaged between the years of 1962-66 owing to the conflict over Sabah. Singapore, Malaysia, and Brunei were all reeling from the departure of Great Britain as colonizers. This event led these countries posed a daunting challenge, both economically and politically, that these newly independent countries needed to overcome. Then the clash between Indonesia and Malaysia; in 1965 after just barely three (3) years after union of Indonesia and Malaysia the two (2) countries decided to sever their ties and declared themselves independent from each other. The Vietnam War was ongoing which was further heightened by the increasing popularity of communism in the South-East...
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...banking application installed on your phone? How many on you are aware of USSD based mobile services? How many of you have transferred money using mobile banking? Mobile Wallets FINAL.pptx 2 Huge untapped potential for MFS in India Fundamental drivers for adoption of mobile payments in place Transactions on mobile channel remain small '000 cr % of HHs earning > INR 1.5 lac pa % of popln b/w 20-50 yrs of age 150.1 7,100 7,077.5 1 % 54 44 72 46 % 100 0 100 Younger 50 Richer Demographic 0 FY 12 2 High Mobile Penetration # / 100 200 100 0 201 202 2 0 119 150 83 # of subscribers per 100 pop 201 202 2 0 100 83.4 3 Prevalence of Paper Payments % of txns 100 50 0 46 54 50 83 17 e-payments paper payments 1.8 0 NEF T POS (credit & debit) ECS (Debit) Mobile Source: RBI Data, Euromonitor , EIU, BCG Payments Model Mobile Wallets FINAL.pptx 201 202 2 0 3 One reason : lack of consumer awareness Penetration far lower than other payment channels % of customers who have used the channel at-least once in past 1 year 100 96 96 92 79 Private Sector Banks Public Sector Banks Lack of awareness about channel / utility key reasons % Reasons for not using mobile channel by non-users 30 27 26 80 20 60 17 40 38 25 38 26 29 22 12 28 19 10 10 7 20 11 7 0 Don’t Not aware InDo not Safety...
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...students are introduced to these challenges as they explore the tools and processes needed to accurately assess the political, legal, technological, competitive, and cultural factors that affect a firm’s strategies and operations within international and cross-cultural contexts. Integrative case studies are used to familiarize students with the challenging strategic decisions that global companies face as they work to ensure sustainable competitive advantage. Emphasis is placed on how the variable of culture interacts wth other national and international factors that affect managerial procesess and behaviors. This course also focuses on effective strategic, organizational, and interpersonal management as students learn how to develop the skills necessary to design and implement global strategies, conduct effective cross-national interactions, and manage daily operations in foreign subsidiaries. The growing competitive influence of technology is also discussed throughout the course. Prerequisites KG 592 Foundations of Business Management and Marketing Learning Objectives Students who successfully complete this course should be able to: 1. Use Porter's Five Forces Model to analyze specific domestic and international industries (Assessed by: BPP-Industry Analysis paper). 2. Analyze (compare/contrast) the effects of political, economic, legal and social dimensions on the global managerial challenges (Assessed by:...
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... MGMT415-1301A-06 “PPQ Parts” February 17, 2013 Abstract In this research paper will be addressing a number of concerns that will be taken places as the host foreign country undergoes expansion. Detailing what cultural difficulties and multiplicity concerns are generally stumbled upon by the MNC and worldwide companies. Will be researching diversity and how this is a significant issue in the worldwide arena. Detailing various political and economic concerns that will be encountered while world- wide growth. The business of PPQ Parts has concluded that for the business to develop worldwide over the next few years, its supervisors should be suitably educated in multiculturalism and multiplicity management. The company’s decision makers must be conscious of any opinionated and financial matters that will take place during the development. The research paper will give you insight into some of the worries for the upper management. Problems of Concerns The multitude nation of the PPQ Parts will be mass to an establishment applied to a diverse method of doing things, transpiring that the business came from a diverse, common, ethnic, opinionated, and financial...
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...The Green Barrier to Free Trade C. P. Chandrasekhar, Jayati Ghosh and Parthapratim Pal At the end of the latest round of meetings of the agricultural negotiations committee of the WTO, the optimism that negotiators would manage to come at a consensus on numerical targets, formulas and other “modalities” through which countries can frame their liberalisation commitments in a new full-fledged round of trade negotiations has almost disappeared. In a report by the negotiations’ chairperson to the Trade Negotiations Committee, circulated to WTO member governments on 7 July 2003, the chairperson Stuart Harbinson says: “Achieving the objective of establishing modalities as soon as possible has continued to remain elusive. … As matters stand, collective guidance and decisions are required on a number of key issues in order to clear the way for reaching [the goal set out in the Doha mandate]”. Establishing modalities before the Cancun ministerial was important for two reasons. First, it is now becoming clear, that even more than was true during the Uruguay Round, forging an agreement in the agricultural area is bound to prove extremely difficult. Progress in the agricultural negotiations was key to persuading the unconvinced that a new ‘Doha Round’ of trade negotiations is useful and feasible. Second, the Doha declaration made agricultural negotiations one part of a ‘single undertaking’ to be completed by January 1, 2005. That is, in a take ‘all-or-nothing’ scheme, countries had to...
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...I. Company Background [pic] The Philippine Long Distance Telephone Company (PLDT), incorporated on November 28, 1928, is a telecommunications service provider in the Philippines. Through the Company’s three principal business segments, wireless, fixed line and BPO, the Company offers the diversified range of telecommunications services across the Philippines’ fiber optic backbone and wireless, fixed line and satellite networks. The Company provides cellular and wireless broadband, satellite and other services through its wireless business. The Company is the provider of fixed line telecommunications services, servicing retail, corporate and small medium enterprise (SME), clients. On December 4, 2012, the Company sold its BPO segment. The Company’s cellular business, which it provides through Smart and DMPI to almost 70 million subscribers as at December 31, 2012, approximately 97% of whom are prepaid subscribers, focuses on providing wireless voice communications and wireless data communications, primarily through text messaging, but also through a variety of VAS, and mobile broadband. Smart markets nationwide cellular communications services under the brand names Smart Prepaid, Talk ‘N Text, Smart Postpaid and Smart Infinity. Smart Prepaid and Talk ‘N Text are prepaid services while Smart Postpaid and Smart Infinity are postpaid services, which are all provided through Smart’s digital network. A cellular voice service consists of all voice traffic and voice...
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...Quazi Tasnim Hasan ID # 112 111 051 Assignment No. 4 What is economic integration? For the Last 65 years, the world has undergone significant changes. The decade of the 1970s was dominated by the two energy crises. Industrial economies were faced with a new “enemy”: stagflation—a combination of high inflation and unemployment. Developing countries were increasingly becoming more dependent on foreign borrowing and centrally planned economies were unable to secure economic growth. Furthermore, the world witnessed a radical transformation during the past two decades. The greatest economic experiment of the twentieth century was the movement from communism to a market economy, which began in Mikhail Gorbachev’s Russia in the mid-1980s, and then spread to Eastern Europe at the beginning of the 1990s and to China later on during the same decade. Although the transition to a free market has led to disappointing outcomes, most Eastern Europe countries have concentrated on integrating their economies with Europe and on becoming part of the EU. All these events led to the world becoming more and more global in nature and to defining globalization as a closer economic integration among nations through increased trade and capital flows. It also refers to labor movement and technology transfer across international borders as well as cultural and political issues, which are beyond the scope of this chapter. Globalization is the result of technological processes occurring mainly in the...
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...Science and Policy Studies Universiti Teknologi MARA Terengganu, 23000 Dungun, Terengganu Tel: 60-12-250-4302 E-mail: nadhr292@tganu.uitm.edu.my Kamaruzaman Jusoff (Corresponding author) TropAIR, Faculty of Forestry, Universiti Putra Malaysia, Serdang 43400, Selangor, Malaysia Tel: 60-3-8946-7176 E-mail: kjusoff@yahoo.com Abstract Generally, accountability is often associated with a concept of answerability, responsibility, blameworthiness, liability etc. Commonly, the concept of accountability from the perspective of governance is the means to control the public administration in democratic countries. The classification of public accountability is normally seen in terms of external and internal mechanisms. Hence, this paper shall discuss both mechanisms with special reference to Malaysia. The discussion also focuses on the limitation of each mechanism which rendered some problems to the concept of accountability in Malaysia. Keywords: Accountability, Governance, Public administration, 1. Introduction Accountability is often associated with such concepts as answerability, responsibility, blameworthiness, liability and other terms associated with the expectation of accounting (Note 1). An individual who is accountable will be on his own commit to do or implement something if he feels that an occurrence or the result of the occurrence is important. It also involves effective reporting or program impact done to see the results and changes experienced from...
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...TRINITY UNIVERSITY OF ASIA Cathedral Heights 275 E. Rodriguez Sr. Avenue, Quezon City A Feasibility Study on “HOUSE OF WHEELCHAIR” In Partial Fulfillment of the Requirements of Bachelor of Science in Accountancy College of Business Administration Presented to: Mrs. Cecile Baniqued Presented by: Christian Aris Guy Jeffrey Jaramillo Dianne Lozano Janelle Ann Sotto CHAPTER I EXECUTIVE SUMMARY A. Company Name : House of Wheelchair The business proponents came up with the House of Wheelchair as the name of the business. House of Wheelchair can be interpreted as one of the places within the campus that sets the perception to the persons with disabilities (PWD) that our dormitory serves and accommodates them with good facilities. B. Company Logo The business proponents came up with this logo because they business believed that it can reflect and represent thoroughly the essence of the business. The colors red, blue and green are the primary colors of the logo. Red brings focus to the essence of life and living with emphasis on survival. In order to survive, everyone needs a home. Blue is helpful to calm and to relax, to counteract chaos or agitation. It is used to provide relief to people who have difficulty in sleeping or who have nightmares. It also encourages feelings of communication and peace. Green is the most restful color. It symbolizes self-respect and well-being. It also symbolizes the master healer and life force. The persons...
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...Lovely R. Esguerra Mica Ysabelle C. Fernando Sonieper B. Gaspar Rose Ann B. Landicho Rizza Mae Y. Medina Angelica Rose P. Morelos Mark Alfred Pajarillo Mikelle Justin L. Raiz Aicon R. Villanueva BSBA 1-7 What is climate change? Climate change is a long-term shift in the statistics of the weather (including its averages). For example, it could show up as a change in climate normal’s (expected average values for temperature and precipitation) for a given place and time of year, from one decade to the next. We know that the global climate is currently changing. The last decade of the 20th Century and the beginning of the 21st have been the warmest period in the entire global instrumental temperature record, starting in the mid-19th century. Climate change, also called global warming, refers to the rise in average surface temperatures on Earth. An overwhelming scientific consensus maintains that climate change is due primarily to the human use of fossil fuels, which releases carbon dioxide and other greenhouse gases into the air. The gases trap heat within the atmosphere, which can have a range of effects on ecosystems, including rising sea levels, severe weather events, and droughts that render landscapes more susceptible to wildfires. Climate change is a large-scale, long-term shift in the planet's weather patterns or average temperatures. Earth has had tropical climates and ice ages many times in its 4.5 billion...
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...Mobile payments in Asia Pacific i n f o r m at i o n , c o m m u n i c at i o n s & e nt e rta i n m e nt Mobile payments in Asia Pacific Contents 2 Introduction from Sean Choi and David Collins 3 Introduction from John Ure and Peter Lovelock 4 Introduction 6 Business models and the m-payments value chain – Business models behind different transaction types – Emerging business models by country – Industry perspectives on m-payments 22 Case studies – Smart in the Philippines – Yeepay’s B2B approach – The growing reach of Octopus – Gaming and virtual money – A view from the bottom of the pyramid – mHITs in Australia 29 Regulations and standards 40 Risks and challenges 44 About KPMG © 2007 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 2 Mobile payments in Asia Pacific Introduction from Sean Choi and David Collins Seung Hwan (Sean) Choi This KPMG thought leadership report explores the development of the market for mobile payment systems in Asia Pacific. We believe the significance of this market cannot be overstated, as new technologies have the potential to play a key role in the expansion of commerce to an ever-wider segment of the world’s population. This is especially true in Asia Pacific. The expansion of commerce and the growing reach of...
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...TRINITY UNIVERSITY OF ASIA Cathedral Heights 275 E. Rodriguez Sr. Avenue, Quezon City A Feasibility Study on “HOUSE OF WHEELCHAIR” In Partial Fulfillment of the Requirements of Bachelor of Science in Accountancy College of Business Administration Presented to: Mrs. Cecile Baniqued Presented by: Christian Aris Guy Jeffrey Jaramillo Dianne Lozano Janelle Ann Sotto CHAPTER I EXECUTIVE SUMMARY A. Company Name : House of Wheelchair The business proponents came up with the House of Wheelchair as the name of the business. House of Wheelchair can be interpreted as one of the places within the campus that sets the perception to the persons with disabilities (PWD) that our dormitory serves and accommodates them with good facilities. B. Company Logo The business proponents came up with this logo because they business believed that it can reflect and represent thoroughly the essence of the business. The colors red, blue and green are the primary colors of the logo. Red brings focus to the essence of life and living with emphasis on survival. In order to survive, everyone needs a home. Blue is helpful to calm and to relax, to counteract chaos or agitation. It is used to provide relief to people who have difficulty in sleeping or who have nightmares. It also encourages feelings of communication and peace. Green is the most restful color. It symbolizes self-respect and well-being. It also symbolizes the master healer and life force. The persons...
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...IMPACTS OF GROWING POPULATION IN MT. MATUTUM PROTECTED LANDSCAPE ROLANDO T. VISAYA & JOCIEL M. TECSON Students ERM - 216 Submitted to: MARIE ANTONETTE S. PAŇA, MSc ERM ERM 216 – DYNAMICS OF POPULATION, RESOURCE AND ENVIRONMENT University of Southeastern Philippines, Obrero, Davao City ERM 216– DYNAMICS OF POPULATION, RESOURCE AND ENVIRONMENT ROLANDO T. VISAYA, JOCIEL M. TECSON TERM PAPER I. Executive Summary Increasing population is contributing serious environmental threat on all component of the natural environment particularly on Mt. Matutum Protected Landscape (MMPL). Impact of man’s activities on all component of the natural environment on MMPL particularly the effect of increasing population, resource exploitation, and industrial advancement. Matutum is one of the vital ecosystems that significantly fuels the economy of the SOCSKSARGEN (South Cotabato-Sultan Kudarat-SaranganiGeneral Santos City) growth corridor of Southeastern Mindanao and of Region XII. Its forest resource provides invaluable benefits from various wood based products for both domestic and export consumption. The plant and animal species found in the forests offer vast potentials as renewable sources of food, fiber, medicine and materials for industrial uses while its natural features provide aesthetics and recreation. It is an important watershed serving as headwater and catchment of several major drainages in the area. It supplies 25 percent of the water requirement...
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