Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Development and Globalisation - China

No description


on 17 October 2011

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Development and Globalisation - China

First Phase
NICs since 1960
Centrally planned - market orientated system.
Japanese TNCs were among the first to seek new areas for their operations.
So they looked to their less developed neighbours
6 reasons why?
The economies of these NICs grew and large indigenous firms sprung up (helped by the economy and governmental aid).
2nd Phase
Operating costs increased in the 1st phase NICs
A second generation of countries was sought after by developed nations and 1st phase NICs
Improvements in infrastructure and low wages
3rd Phase
In recent years China and India have emerged as targets for FDI by TNCs.
What does FDI mean?
China's growth is the fastest experienced by any country.
So how did China do it?
Agricultural output doubled. Profits were encouraged.
Special Economic Zones (SEZs) were set up.
Where would you locate them?
Preferable tax rates
14 open cities
Incentives for investment
6 SEZs
4 priority areas for development
Large amount of FDI led to economic growth
$63 billion per year inward investment
Problems faced by China?
Further Reading
Why is China growing so fast?
China becoming number one
China's growth and integration into the world economy
Essential: China a third generation NIC
Where next?
Full transcript