Enhances standards of living in member countries
Lowering trade barriers
WTO agreement (frame of other agreements, trading goods & services)
ITO agreement (1948 finalized, USA didn't ratify)
AD
DSU (rule book, how resolve disputes under the WTO agreement)
Banana
Rounds (longer than previous)
ANCDAD
Global europe competing in the world (2006)
NT & NFN (third party, same conditions)
Spaghetti Ball (everybody lateral)
WTO (multi lateral)
DOHA (2001)
CRT (regional trading blocks, EU, GOLF,..) compatible with the WTO)
SSM ("Getting to yes")
June 18, 1999
December, 1999
April 2000
September 2000
January 2001
April 2001
June 2001
July 2001
September 11, 2001
Gold Standard
Promote international monetary cooperation
Established 1944 at Bretton Woods
Main headquarters in Washington
Members undertake to keep the IMF informed about economic and financial policies
Gold Standard
Members must buy shares of the capital stock of the bank
United States is the largest shareholder, followed by Japan, Germany, the United Kingdom, and France
Grants loans only to member nations
Established 1944 at Bretton Woods
Steam Engine and Cotton
Railway & Steel
Electronical Engineering & Chemistry
Petrochemicals & Automobiles
Information Technology
Usage of IT today, IT as strategical tool, Businesses and human activity depends on technological innovation, Entire planet and business world is organized around telecommunicated networks, Internet- used by about 100million people (doubling every year)
Future issues of IT, Green IT, Video telepresence, Social networking, Micro blogging, Distance (Cultural, Economic, Geographic), No Face to Face ever, High costs
Milestones, 1950 some universities and laboratories begin to work with computers, 1970 the first microprocessors were built by Intel allowing IBM & Co. to build the first PCs, 1989 the WWW emerges making the network for experts to a network for everyone, Dotcom boom and crash financed many technologies we are using today like Voice over IP
Facts, GDP growth 2007: 1.8 %, GDP growth 1986-2010: 2.7%, GDP development 1986-2010: 16.150 bn
The US denominated reserves of the developing world
USA, Mexico, Brazil, Canada: 25% of global electronics output
In 2007: 19% of world electronics production
1.3 million employees
U.S. electronics industry focused on high-end products (computersµchips)
Silicon Valley (concentration of integrated circuit, software &computer firms)
Facts
Global electronics production transfers from Western Europe to Eastern Europe
Germany is Europe largest electronics production nation (183bn $)
ELECTRA 2010
Czech Republic & Hungary most important countries (electronics)
Better infrastructure than in China & India
Facts, GDP growth 2007: 7.2%
Energy delivery for Europe
Russian investors are investing in european companies
Russia looses quarter of population until 2050
Facts
Patents kill
Poverty rate 50% (500 million Africans still subsist on less than $2/day)
25 million people in Sub Saharan Africa faced a food crisis
In 8 African countries, less than 50% of the population have access to safe water
8 out of the 10 most vulnerable & weak states are in Sub-Saharan Africa
1⁄2 of all young people (15-24) can read a simple sentence after 3 years of primary school
50% - 60% deaths of diseases
World Economic Forum
China, Facts, GDP growth 2007: 11.5%, Population: 1.31 bn, Capital: Beijing, Density: 137 inhabitants / km2, Area: 9.6 m sqm, GDP growth 1986-2010: 8.1%, GDP development 1986-2010: 15.367 bn, Global GDP sharing four times higher than GER, China will displace "Exportweltmeister" GER next year, Hub for RaD- activities for international companies, Market holds beside big chances risks for international investors
India, Facts, GDP growth 2007: 8%, Population: 1.12 bn, Capital: Neu Delhi, Density: 338 inhabitants / km2, Area: 3.29 m sqm, GDP growth 1986-2010: 7.1%, GDP development 1986-2010: 6398 bn, 2050 India will get third largest national economic in the world, Quarter of 500 biggest global corporations researches & develops in India, Work-intensive industries claims poverty life, Market holds beside big chances risks for international investors
Education standard still below the standard – but they catch up quickly
Indias bank- and finance system works better than Chinas
India invests in services while China invests in capital-intensive production processes
Chinas and Indias growing demand for energy is a big challenge for the industrializes countries
RaD-costs in China higher than in India – Scientists more available
China has excess of exports, India is an import-nation and hardly integrated in global trade
Chinas and Indias growing demand for energy is a big challenge for the industrializes countries
Labor costs are not the crucial criteria in investment decisions
Some corporate frameworks are strongly improvable in both countries
USA, Germany and GB are the most important western trade partners for China and India