Emerging markets drive demand for oil
A neat graphic on The Economist website this week helps illustrate the rapid economic growth of emerging markets such as India & China. It breaks down the historical demand for oil from the key economies, highlighting the changes between 1980 and the latest forecasts for 2030 by the International Energy Agency. The oil market is a good example to use when illustrating the dynamics of changing supply and demand on market prices. And there is a good discussion to have with students about why an emerging economy such as China, Malaysia or India would experience such a significant increase in demand for oil (rapid industrialisation; wider car ownership etc)
Beating the import threat - luxury furniture
I came across this super short case study in the FT (Oct 09) which is a great example to use to illustrate one strategy of dealing with cheap imports....
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Health & safety in action - the 1 million stroller recall
Bad news for British manufacture Maclaren. Maclaren are having to recall around 1 million pushchairs and buggies in the USA because of 12 reports of fingertip amputations after children caught their hands in the hinge mechanism.
read more...»Emerging Markets - Strategies for Doing Business in China
The UKTI service is a superb support for businesses looking to expand into international markets, and they’ve just released a detailed guide to Doing Business in China. Its quite a detailed, 45+ page document, but it includes some expert guidance on factors for businesses to consider - particularly if they are looking to invest in China for the first time…
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Emerging Markets - China’s Growth in Charts
Here are a series of up-to-date charts which help illustrate the rapid economic growth in China and its effect on key consumer markets of interest to businesses in developed economies…
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Q&A - What is globalisation?
Globalisation is a process where an increased proportion of economic, social and cultural activity is carried out across national borders. The process of globalisation has significant economic, business and social implications.
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Video briefing - Doing Business in China
A very useful video which highlights the opportunities and issues facing UK businesses looking to do business in China
read more...»Q&A - What are commodities and how are their prices determined?
A commodity is a product for which there is demand and which is supplied without any clear difference in product quality or standard.
An important feature of a commodity is that its price is determined as a function of its market as a whole – by the interaction of market demand and market supply.
read more...»Golfonomics - the economic phenomenon of golf
As the Ryder Cup 2008 is played out in Kentucky this weekend, I was drawn to an article that explains the phenomenal growth and value of the global sport of golf…
read more...»Beijing Bound for the Black Cabs
A great example in the news today of the potential for joint ventures to provide substantial growth opportunities for a business operating in a mature domestic market.
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