ASSESSING BUSINESS OPPORTUNITIES IN THE DEVELOPING WORLD
International Business
(BBB4M)
Topic:
ASSESSING BUSINESS OPPORTUNITIES IN THE DEVELOPING WORLD
Name: Lee Siaw Teng
Student ID: 12015574
Lecturer: Mr Dave Leonard
Period: 3
According to the information from the United Nations Conference on Trade and Development (UNCTAD),10 of the least developed countries (LDCs) in the world are Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad and etc.
There are three criteria used to identify cases of addition to the lists of LDCs and cases of graduation from it. Countries that meet the following three criteria will be qualify to be added to the list of LDCs. Nevertheless, the government of the relevant country must accept this status. First, a Per Capita Income, based on a three year average estimate of the Gross National Income (GNI) per capita, with a threshold of $992 for possible cases of addition to the list and a threshold of $1,190 to graduate from the list. Second, human assets based on indicators of nutrition, health, school enrolment and literacy. Third, economic vulnerability, based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration, and handicap of economic smallness, and the percentage of population displaced by natural disasters. However, a country will qualify for graduation from LDC status when the three criteria is exceed.
According to the research, Cambodia economy has been gradually increasing. Cambodia's GDP per capita increases 6% per year between 2010 and 2012. During 2010, the GDP per capita is $2,100 and year 2011 the GDP per capita is $2,300. While 2012, GDP per capita is $2,400. Since 2004, garments, construction, agriculture and tourism have driven Cambodia's growth. The garment industry employs more than 33,500 employees and controls 75% of Cambodia's total exports. Mining
(BBB4M)
Topic:
ASSESSING BUSINESS OPPORTUNITIES IN THE DEVELOPING WORLD
Name: Lee Siaw Teng
Student ID: 12015574
Lecturer: Mr Dave Leonard
Period: 3
According to the information from the United Nations Conference on Trade and Development (UNCTAD),10 of the least developed countries (LDCs) in the world are Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad and etc.
There are three criteria used to identify cases of addition to the lists of LDCs and cases of graduation from it. Countries that meet the following three criteria will be qualify to be added to the list of LDCs. Nevertheless, the government of the relevant country must accept this status. First, a Per Capita Income, based on a three year average estimate of the Gross National Income (GNI) per capita, with a threshold of $992 for possible cases of addition to the list and a threshold of $1,190 to graduate from the list. Second, human assets based on indicators of nutrition, health, school enrolment and literacy. Third, economic vulnerability, based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration, and handicap of economic smallness, and the percentage of population displaced by natural disasters. However, a country will qualify for graduation from LDC status when the three criteria is exceed.
According to the research, Cambodia economy has been gradually increasing. Cambodia's GDP per capita increases 6% per year between 2010 and 2012. During 2010, the GDP per capita is $2,100 and year 2011 the GDP per capita is $2,300. While 2012, GDP per capita is $2,400. Since 2004, garments, construction, agriculture and tourism have driven Cambodia's growth. The garment industry employs more than 33,500 employees and controls 75% of Cambodia's total exports. Mining