A Case Study On Global Political Economy

4544 Words Jul 30th, 2015 19 Pages
Title
(Australia)
A Case Study

Submitted to:
Professor Mohtadi in partial fulfillment of the MBA course
Global Political Economy

Hult International Business School

Submitted by:
Jorge Carrasco
Julia Berges

Pramod Kumar

Samba TRAORE
Simon Raju

Zijian Liu

(August 4, 2015)
Boston, Massachusetts

1. Introduction (Jorge)
Australia is one of the 12 countries which are negotiating the agreement of the Trans Pacific Partnership (TPP), which will open new trade and investment opportunities. Participants will create transparency of new laws and regulations such as, intellectual property, reducing costs for Australian exporters, service suppliers and investors. Australia, as a member of the Asia-Pacific region, has a strategic position and competitive advantage of natural resources, i.e. Australia is the largest exporter of coal (29% of global coal exports), as well Australia does not have any land boundaries which results in a geographic distance constraints, i.e. affecting communications and connectivity for financial services. The Australian population (22.75Mn in 2013) reveals a low potential support ratio showing that there are fewer potential workers to support elderly people. Australia as member of the TPP has opportunities and challenges that can be mitigated regarding its competitive advantages.
2. Economic indicators
“Australia’s economic growth appears to be losing momentum, with promising signs of recovery in the economy now waning, says…
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