DIVERSITY IN THE GLOBAL ECONOMY…

advertisement
SARUA
CHANGE, COMPLEXITIES AND COMPETITIVENESS : IMPLICATIONS FOR HIGHER
EDUCATION
9 JULY 2012
Professor Nick Binedell
1
2
We live in an era of large scale
and rapid change, increasing
technical and social complexity
and significantly more
competition.
3
We live in an era of large scale and rapid change,
increasing technical and social complexity and significantly
more competition.
Is this true?…. And if it is, should it lead
to fear or hope?
4
5
6
7
GLOBAL ECONOMIES (PPP + Population)
USA
$14 trillion
370 m
EU
Japan
$15 trillion
$4.15 trillion
500 m
120 m
China
$70 trillion
6,8 bn
India
$ 3.5 trillion
$8.8 trillion
1.1 bn
1,3 bn
Latin America
South East Asia
$ 6 trillion
$1.5 trillion
550 m
593 m
Sub-Saharan Africa
$ 1.7 trillion
850 m
8
9
10
11
12
13
14
15
DIVERSITY IN THE GLOBAL ECONOMY…
USA
Market based system
Ethnic diversity
Young nation (300 years)
Technological capabilities
Global cultural reach
Immigration
EUROPE
JAPAN
Definition of Europe
Multi ethnicity
Difficult demographics
Two speed Europe?
Financial stability
Social market system
Aging population
Gender
Inward orientation
Economic stagnation
Adapted from Stephen H Rhinesmith
All who work internationally or who need to deal across national boundaries face many cultural, political
and economic differences
DIVERSITY IN THE GLOBAL ECONOMY…
CHINA
Rapid economic development
Size of population
Demographic challenge
Rule of law
Party mandate
Form of political economy
INDIA
BRAZIL
Population
Young demographics
Generational differences
ICT
English language
Emerging status
Improving stability
Infrastructure lag
Inequality
Establishment of identity
Emerging global player
Adapted from Stephen H Rhinesmith
All who work internationally or who need to deal across national boundaries face many cultural, political
and economic differences
DIVERSITY IN THE GLOBAL ECONOMY…
RUSSIA
UAE
SOUTH AFRICA
Turbulent history
11 time zones
Resources based economy
Emergent democracy
Identity ?
Gulf States
Authoritarian rule
Challenge to leadership
Vision and drive
Regional hub
Political transformation
Race and Identity
Raw material economy
Africa ?
Adapted from Stephen H Rhinesmith
All who work internationally or who need to deal across national boundaries face many cultural, political
and economic differences
19
20
ASIA
21
China
1 200 Mil
22
“Without successful
political structural
reform, it is impossible
for us to fully institute
economic structural
reform and the gains
we have made in this
area may be lost”
Wen Jaibao
Source : Financial Times, 15 March 2012
CHONGQING
24
25
26
27
28
29
30
31
32
AFRICA
150m $2500
600m $600
50m $3500
33
34
CONNECTIVITY AFRICA
COUNTRY
CELLPHONES
INTERNET
USERS
FACEBOOK
USERS
EGYPT
71.4m
21.6m
9.3m
NIGERIA
90.5m
45m
4.3m
SOUTH AFRICA
50.3m
5.3m
4.8m
SOURCE : www.internetworldstats.com
36
Download