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Trish Gill

To what extent does the China Price still exist? - 0 views

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    The China Price is still largely influential, but its impact and existence is slowly eroding, which may lead to its disappearance in the medium-term. That being said, the author of this article indicates that China still has and will continue to have long-term, cost saving advantages encouraging foreign investors to "off-shore" their manufacturing to China.
colinsarkany

Free-Trade: America's Big Bet - Business Insider - 0 views

  • the realm of geopolitics. America and China are pursuing three separate tracks towards trade pacts that would help define the future of trans-Pacific commerce. One of the three does not include China, another excludes the United States. The third is still pie in the sky.
    • colinsarkany
       
      I know this is a news article, but "pie in the sky" is filler, and tells you nothing, except that maybe its a lofty goal? but the article hasn't even explained what a potential goal or arrangement this covers. 
  • The furthest advanced is the American-led Trans-Pacific Partnership (TPP), in which China plays no part. On a parallel track, though further behind, is the Regional Comprehensive Economic Partnership (RCEP), which covers only Asian countries and includes China, plus several countries that are also negotiating the TPP.
  • Nearly 50 years after it was first proposed, it is gaining traction due to the emergence of RCEP and TPP initiatives and the continuing stalemate in global trade negotiations."
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  • the TPP is the most ambitious in the short term. It is dominated by America and Japan and also includes Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Together these countries account for about 40% of global GDP, making it one of America's biggest potential free-trade agreements (FTAs).
  • the TPP is not just aimed at dismantling tariff barriers. It is also meant to tackle tough issues such as intellectual property, services, government procurement, labour and environmental standards. Since its members include economies such as Vietnam and Malaysia whose supply chains depend on cheap labour, negotiations were always likely to be tricky
  • TPP failure would be a disaster
  • There is still time for him and Mr Abe to rescue the trade talks. But unless Mr Obama leads from the front, America's own leadership in the Pacific will seem less convincing than he has repeatedly promised.
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    This is a recent article published on "Business Insider" in regards to current free-trade negotiations in the Pacific. 
missjillian

Make in India vs. Make in China - 0 views

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    Last Tuesday, Tata Motor's Jaguar Land Rover (JLR) opened its first plant in Changshu, China. The luxury car-maker's $1.78-billion Make-in-China push has come a little over a month after Tata Group chairman Cyrus Mistry confessed to be greatly encouraged under Prime Minister Narendra Modi's leadership to join the "Make In India" programme that, he said, brings together industry and government for crafting a new future.
christinawright

China Economy - 1 views

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    This site supports Friedman's three convergences of horizontalization, using new technologies with new ways of doing business, and the world now having access to plug-in and play. The article talks about outsourcing many services (especially within manufacturing) all over the world. In 2012, China was the 18th fastest growing economy in the world, with a real GDP growth rate (constant prices, national currency) of 7.8 percent. Although the figure is its slowest growth since 1999, it is also representative of a maturing economy as it gradually transition from a developing to developed nation.
missjillian

Redefining 'made in China': How one firm is forging a new path for manufacturers - 0 views

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    Redefining 'made in China': How one firm is forging a new path for manufacturers
jscharrer

Bad Apple: Could the Era of Exploitation Outsourcing Be Near Its End? - 0 views

  • by farming out production to suppliers in China and other low-wage countries with few labor protections, they often have outsourced not just work but worker abuse.
  • U.S. consumers have been willing to turn a blind eye to Apple and others.
  • urvey of Americans late last year found that only 2 percent mentioned Apple's overseas labor practices as a concern.
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  • ollective apathy about working conditions behind iPods, iPhones and the like has allowed the company to prioritize speed and profit over decent treatment of people.
  • "You can either manufacture in comfortable, worker-friendly factories, or you can reinvent the product every year, and make it better and faster and cheaper, which requires factories that seem harsh by American standards," a current Apple executive told the Times. "And right now, customers care more about a new iPhone than working conditions in China."
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    Outsourcing as a form of exploitation - this article comments on the environment and working conditions in Apple's outsourced manufacturing facilities and that despite media coverage of this issue, the general pubic is more concerned with speed, innovation and price than the treatment of workers overseas.
Susan Montgomery

Economic Development - 0 views

http://nationalinterest.org/feature/beware-china-indias-economy-could-have-even-brighter-future-11027. an article in The National Interest on China and India's Economies.

started by Susan Montgomery on 04 Dec 14 no follow-up yet
Susan Montgomery

American Economy - 0 views

http://www.telegraph.co.uk/finance/comment/10044456/China-may-not-overtake-America-this-century-after-all.html. China may not overtake America this century according to The Telegraph article.

started by Susan Montgomery on 04 Dec 14 no follow-up yet
fawneferguson

MedidataVoice: J&J Is On The Hunt For Chinese Innovation - 0 views

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    This article discusses how companies, such as Johnson and Johnson are looking towards countries such as China for new innovations.
christinawright

America Falling Behind in Education and Economy - 0 views

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    This is not a test! Looking ahead to 2020, the U.S. proportion of the global talent pool will shrink even further as China and India, with their enormous populations, rapidly expand their secondary and higher education systems.
dedingo

Globalization Is Only a Good Thing If It Benefits All Groups of Society - 0 views

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    Salman Sakir's article is relevant to the issues raised in Friedman's book The World is Flat in which Friedman in a sense laments over the impact of globalization upon the developed countries, the USA for him, because the developing countries like Brazil and Asian countries like China and India have a massive work labour influence upon the West. Sakir focuses on both the positive and negative aspects of globalization, one of the five forces in Gratton's The Shift and a form of global economy as discussed by Stanford in his Economics for Everyone. Because of low wage and easy availability of experts/labour in the developing countries, foreign investments have been attracted by those Asian and developing countries where the jobs have been created for the locals. On the other hand, the citizens of the developed counters of the West and the North America have consumed the products from the developing countries in a reasonably lower price. Poverty ratio has been decreased in the developing countries which have also been integrated by the phenomenon of globalization. These are positive impacts. But in the developed countries, manufacturing industries have been moved out. so unemployment rate is ever increasing, Sakir highlights these aspects of globalization in this article.
michwilson

Special report: Outsourcing and offshoring - 0 views

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    In the Shift, Gratton mentions globalization and the increased shift of jobs overseas. This link (it's actually an audio podcast) speaks to what Gratton states is the increase of jobs to Asia and India and information on this practice. It is interesting that they note that outsourcing does not have to simply be done overseas - a firm can outsource anything if it gives it to another firm - and it also speaks to how offshoring jobs isn't always the best option and can even end up costing the business more money. It also provides an outline of the benefits of sending jobs overseas, but also the benefits of keeping certain parts of the business in country and why large businesses may actually refute what Gratton is proposing .
dedingo

Globalization and Unemployment: The Downside of integrating markets - 1 views

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    The arguments, perspectives and content in this article are very much supportive to understand what Friedman elaborates in his book The World is Flat. Because of new technoogies, the developing countries and Asian countries like China and India are emerging as dominant world economies. "By relocating some parts of international supply chains, globalization has been affecting the price of goods, job patterns, and wages almost everywhere."
jscharrer

Canada - footprint - 0 views

    • jscharrer
       
      It is interesting to note that Canada's ecological footprint has stayed fairly constant over the time period depicted, however the biocapacity has fallen dramatically. This organization stated on the previous page that "... countries and regions with surplus ecological reserves-not the ones relying on continued ecological deficit spending-will emerge as the robust and sustainable economies and societies of the future." Based on this, it would seem that with careful ecosystem management, Canada could become one of these "robust and sustainable" economies, particularly in comparison to others such as the USA, UK and China which have already surpassed their biocapacity.
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    Canada's footprint compared to biocapacity.
missjillian

Guess The Biggest Climate Villain - 1 views

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    Canada's oilsands are midway down the pack of the world's climate change villains, according to a new Greenpeace report ranking potential carbon emissions from the globe's top energy developments. Climate enemies numbers 1 and 2 - by far - are expanding coal projects in Australia and China, the report says.
fawneferguson

The Organization for Economic Co-operation and Development - 0 views

shared by fawneferguson on 16 Nov 14 - Cached
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    I thought this was a particularly interesting website as it touches on a lot of things that Friedman has mentioned in his book; including the focus on this weeks readings on education and a knowledge-based economy. It has articles outlining how China is overtaking the U.S in terms of how much money is spent on science and technology funding for example, showing how the developing countries are catching up with us in terms of their high-skilled, more innovative work.
arlaynacurtin

Canada's seven deadly economic problems - 0 views

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    This article looks at how Canada's economy is failing apart while highlighting that other countries like China are booming. It talks about things like people living beyond their means and a lack of business investment as well as other factors that are contributing to the economy problem. I thought this was a great article for this week since we are ending with Friedman and Stanford. Both of their thoughts can be applied to this article.
fawneferguson

Canada to open the door wider to 'higher calibre' immigrants - 0 views

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    I chose this article because Friedman discusses in these chapters how the glob population is exploding and countries such as China and India have populations who are catching up to the Western World in terms of their skills. This article shows how this is already happening as Canada is actively seeking skilled professionals to enter the country to live and work here
amycloutier

The Future of Outsourcing - Impact on Jobs - keynote speaker - 0 views

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    Written by Patrick Dixon Futurist Keynote Speaker: Posts, Slides, Videos - Future Emerging Markets, BRICS, Strategy Keynotes Growth of India and China, emerging markets threat and opportunities The truth about the speed, scale and unstoppable momentum of business process outsourcing and offshoring. What will be the net impact of outsourcing on American and European economies? What I found interesting was that the speaker/writer points out that the cost savings of outsourcing diminish constantly due to salary inflation, and companies will have to continue to look for cheaper labour (eg Pakistan). My question is what happens to the people and infrastructure created in one country when a company decides to move operation to another cheaper country? Will they be worse-off or better?
fawneferguson

Canada must face globalization head on - 0 views

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    This article explores the anger many Canadians felt over outsourcing. However, the author believes that Canada must learn to deal with this, as it is something that has happened before to us (with manufacturing) and is not happening to other countries as well (manufacturing is moving from China to Vietnam)
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