History and Reality in International Business CHAPTER 2 Wang Shen TFSU
Learning Objectives History of International Business Reasons for the Growth in International Business Recent Development in International Business
History of International Business
The Great Depression
Reasons for the Growth in International Business The liberalization of cross- border movements The development of technology The expansion of supporting institutional arrangements The increase in global competition
Recent Development in International Business
British Petroleum Company IBM 2003 1990 Rank Corporation Home 1 General Electric US Royal Dutch Shell UK/Netherlands 2 Vodafone Group Plc UK Ford Motor 3 Ford Motor Company General Motors 4 Exxon 5 British Petroleum Company IBM 6 Exxonmobil Corporation British Petroleum 7 Royal Dutch/Shell Group ABB Switzerland 8 Toyata Motor Corporation Japan Nestle 9 Total France Philips Electronics Netherlands 10 France Telecom Mobil
Top 10 Economies in FDI Flows World FDI Inflows 1998-2004 Top 10 Economies in FDI Flows Rank Inflows Outflows 1 United States 2 United Kingdom 3 China Luxembourg 4 Spain 5 Australia France 6 Belgium Canada 7 Hong Kong, China 8 Japan 9 10 Brazil Switzerland Cross-border M&As with Value Over 1 Billion Dollars in Number of Deals and Values ($ billion)
Inward FDI Stock by Sector ($ millions) 1990 2003 Developed Economies Developing Economies World SEE and CIS Primary 145,404 24,727 170,131 428,831 143,993 24,198 594,321 Manufacturing 595,142 150,410 745,552 2,081,645 779,112 15,345 2,876,102 Services 717,147 157,950 875,097 4,015,555 1,110,757 27,514 5,153,826
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