Feeling West is best part of globe are old school of thoughts in ECONOMIC globe.
After a big blow of recession, making U.S to find a crack at its foundation . This crack can lead to its devastation. Finding cause to problem may lead to solution for some cases but here is different case Finding positives of other nations Foundation is way to seal up the patch.
- A rule in modern world is saying 100 % commitment and changing the percentage according to the situation.
Example is CHINA domination's in clean energy sector.
Where major goods are Solar panels , machinery for panel's and wind turbains .
Chinese Government has indirectly developed its industry at one side and other side made companies at Europe to shut down . One of such company in china is Hunan Sunzone Optoelectronics. It has got 22 acres of land at urban locality at dead cheap from govenment . Apart from it substantially Low intrest rate from Chines government banks .Presently it is producer of 92 % Clean engery products in Europe. Low cost and quality can be achieved by any company with such a support . The other competitors are forced to withdraw or tie up with chinese bussiness men for setting up a branch in CHINA .
Where major goods are Solar panels , machinery for panel's and wind turbains .
Chinese Government has indirectly developed its industry at one side and other side made companies at Europe to shut down . One of such company in china is Hunan Sunzone Optoelectronics. It has got 22 acres of land at urban locality at dead cheap from govenment . Apart from it substantially Low intrest rate from Chines government banks .Presently it is producer of 92 % Clean engery products in Europe. Low cost and quality can be achieved by any company with such a support . The other competitors are forced to withdraw or tie up with chinese bussiness men for setting up a branch in CHINA .
What W.T.O rule says a subsidised company has to restrict its goods to its own country ,while any of it was never done by China .
- Areial view of Developing countries and Developed countries share of Global Wealth really makes us say " West loosing its Charm" .
According to Organisation Economic Coorperation and development . In 2000, the ratio was skewed 60-40 towards developed nations. Now in 2009 , it is 51-49 , well future it will reverse to 43-57. There steady decline in growth for contribution to global wealth from america and europe .
The per captia on whole is 130,000 is great but it has declined 12% comparing from its past three years
However 39 % global assets are in america and 31 % with europe and rest were distributed around the globe .
There was huge difference between per capita ratio of richest and poorest countires about 135 few years ago , now its just 45 times.
Soon Richies may turn out to be Old Royal Richie Countries and vice versa.
The per captia on whole is 130,000 is great but it has declined 12% comparing from its past three years
However 39 % global assets are in america and 31 % with europe and rest were distributed around the globe .
There was huge difference between per capita ratio of richest and poorest countires about 135 few years ago , now its just 45 times.
Soon Richies may turn out to be Old Royal Richie Countries and vice versa.
- Lets know how the developing coutries are sustaining such recessions.
When it comes to INDIA with exports about 15 % of GDP without any tained debits still suffered with recession. As shift from Agricultural to Service Sector change had boosted its economy before recession . This change has even shown bitter side too. recession suffered due to financial and trade bonds with International market. Its better develop Domestic GDP by improving Agricultural Sector even though its a slow process but shows long term results. Not denying that Service Sector contribution to G.D.P, rather shouldnt be a pendulum shift but a parallel Manhatten growth.
Education sector has grown at far range which is good sign for developing nation . But it must not make Farmers to leave Farmming .
Education sector has grown at far range which is good sign for developing nation . But it must not make Farmers to leave Farmming .
INDIA poineering at every aspect of scratch beginners in bussiness , where WEST sticks to few limited Bussiness .
These are some view's of MOUSE tour in Economic Globe.
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