A Case Study On Global Political Economy

4544 Words19 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
Get Access