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Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Globalization Internationalization of U.S. Markets and Businesses
PewResearch Opinion Poll
Decreasing Economic Dominance of the U.S.?
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Forces Driving Global Integration:
• Regional Trade Agreements• More Countries Embracing a Free Market Economy• Political Changes towards Democracy• Homogenous Consumer• Telecommunication Technology• Global Competition
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Forces Restraining Global Integration:
• Less Countries Embracing a Free Market Economy• Political Changes away from Democracy• Ethnocentric Attitude• Terrorism• Fear and Populism• Economic Turmoil
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Growth of Prospering Regional Trade Areas EU, NAFTA
Disappointment of Regional Trade Areas ASEAN, MERCOSUR
Move toward free market system by countries in Asia and Eastern Europe
Increasing Skepticism about free marketsCapitalism’s Waning Popularity
New Tendencies of Protectionism
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Decreasing Power of WTO
Populism in Latin America
Large Emerging Markets such as China, Russia. India, and Brazil
China’s Leadership and CapitalismWhat Do Chinese and Japanese Think about Each Other?
Russia’s Oil Wealth, Dutch Disease, and Crumbling Democracy
India’s two worlds
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Trends in Global BusinessIncreasing Divide Between Rich and Poor
Gini Index: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html
Are the Top 1% getting richer?
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
r ˃ g (r = rate of return on capital and g = rate of growth of economy)„When the rate of return on capital significantly exceeds the growth rate of the economy (as it did through much of history until the nineteenth century and as is likely to be the case again in the twenty-first century), then it logically follows that inherited wealth growth faster than output and income“ Piketty, Thomas (2014), Capital in the twentyfirst Century, p. 26, Cambridge: the Bellnap Press of Harvard University.
The Importance of Inheritance (France)
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Aging Population in most Developed Countries and China
Aching Health Care and Retirement SystemsAching Health Care System: U.S. Perspective
Why is the US health spending so high?
Evolving Global Middle Income Households
E-Commerce
Increasing ideological divide between Islamic and Western countries
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Economic SystemsWestern Perspective
Free Repressed- Capitalism - Communism-Private Property - State owned-Market Responsible - Government ResponsibleFor Allocation of For Allocation ofResources Resources
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Economic SystemsWestern Perspective
Free Repressed- Democracy - Theocracy-Private Property - Mixed-Market Responsible - Market, Government and For Allocation of Religious Leaders ResponsibleResources For Allocation of Resources
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Offshore Outsourcing of highly skilled labor
Capital Movements ($ 400billion/day) exceed
Trade ($15 billion/day)
Deflationary Forces Driven by New Market
Economies
Low Real Interest Rates due to Global Saving
GlutLarge Trade Imbalances
Trends in Global Business
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Trends in Global Business
Increasing Tensions in the EU
Diverging Competitiveness of Countries
(North-South divide)
Unsustainable Debt in Southern Countries
Investors loose confidence, flight of capital,
Questionable Rescue Funds and Eroding Trust in Euro
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Trends in Global Business
Global Financial Crisis and Recession
Deleveraging Quantitative Easing Gouvernement Bailouts
Deflation or Inflation?Dollar Crisis or Euro Crisis?
Psychological and Political Consequences:- End of Deregulation?- Is the Paradigm of Free Markets Loosing its Dominance?- End of Globalization?
End of Paper Money?
Default of Governments?
Alexander Consulting EnterpriseAlexander Consulting Enterprise 04/19/2304/19/23
Perspective of the National Intelligence Council: Global Trends 2030http://www.dni.gov/index.php/about/organization/national-intelligence-council-global-trends
Trends in Global Business