BUS-D 270 Lecture Notes - Lecture 10: Emerging Markets, Global Governance, Operating Model
Document Summary
All shape economic system that a nation uses and how to manage. A highly efficient + clean + large mkt = not always attractive for expansion. The world no longer revolves around the usa. Emerging markets may soon overpower the us economically. Economic freedom is critical for business, leads to a higher standing of living and can foster entrepreneurship, growth, and competitiveness. Rule of law company might not be the most attractive. Relationships between the control of economic activity & the ownership of production factors. Trade policy, taxation policy, government consumption of economic outfit, monetary. Policy, capital flows & foreign investment, banking policy, wage and price controls, Index of economic freedom: measuring the freedom level of markets around the world. Countries of the world and put them into categories of free to repressed. Countries that have the highest lvels of freedom have the highest incom. Something positive tht contributes to innovations, employment, higher standards of living.
