1. History and Reality in International Business
CHAPTER 2
Wang Shen
TFSU

2. Learning Objectives History of International Business
Reasons for the Growth in International Business
Recent Development in International Business

4. History of International Business

5. The Great Depression

7. 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

8. Recent Development in International Business

9. 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

10. Top 10 Economies in FDI Flows
World FDI Inflows
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)

11. 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

12. Thank you!