26 Apr Conduct a literature review and then share your discoveries in the discussion. Let the discussion scope guide your discovery research. You are requi

Unit 7: Discovery Research

Introduction

This discovery research is an opportunity to research the economic shifts in Asia.

Directions

1. Conduct a literature review and then share your discoveries in the discussion. Let the discussion scope guide your discovery research. You are required to have at least three resources. 

2. Initial post

0. Evaluate the evolving balance of economic power shift from the western countries to the Asian countries then explain the rationale of this shift by supporting your ideas with some examples.

1. Compare India and China to the United States

0. Identify the area in which USA is producing most of its educational outputs than China and India.

1. Discuss the relevance of the educational outputs in the three countries

2. Explain how the US educational output is incompatible with the jobs creation.

3. Evaluate if the shift will continue. Support your evaluation with evidence.

4. Debate the belief of the younger generations of Chinese and Indians in reference to the economic power shift.

5. Explain how the motivated generations will impact their economic growth; and their respective countries will become the United States of a few decades ago.

6. Analyze if these changes will test western nations true commitment to global and open trade.

7. Explain the challenges that China and India are facing even with their educational success. Give some benchmarks to support your ideas.

2. Take on the role of a consultant and propose persuasive recommendations to further inspire economic growth and reduce unemployment rates.

,

Unit 7: Lecture

https://youtu.be/nZLklM3mS5w

Businesses investment in Asian countries must focus on how a host country’s political system impacts the economy as well as the particular firm and business. Firms need to assess the balance to determine how local policies, rules, and regulations will affect their business. Depending on how long a company expects to operate in a country and how easy it is for it to enter and exit, a firm may also consider assessing the country’s political risk and stability.

A company may ask several questions regarding a prospective country’s government to assess possible risks:

· How stable is the government? Is it a democracy or a dictatorship?

· If a new party comes into power, will the rules of business change dramatically?

· Is power concentrated in the hands of a few, or is it clearly outlined in a constitution or similar national legal document?

· Is there a well-established legal environment both to enforce policies and rules as well as to challenge them?

· How translucent is the government’s political, legal, and economic decision-making process?

While any country can, in theory, pose a risk in all of these factors, some countries offer a more stable business environment than others. In fact, political stability is a key part of government efforts to attract foreign investment to their country. Businesses need to assess if a country believes in free markets, government control, or heavy intervention (often to the benefit of a few) in industry. Historically, democratic governments have supported capitalism and authoritarian regimes have tended to utilize a state-controlled approach to managing the economy.

Continue to read about the topic to better understand the legal environment across countries within Asia.

Reference

· Saylor Academy. (2012). 2.2 Political and Legal Factors That Impact International Trade (Links to an external site.) . Retrieved from https://saylordotorg.github.io/text_international-business/s06-02-political-and-legal-factors-th.html