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The task is to investigate the position of Europe towards the new emerging economies, like the BRICS countries, and the perspectives of mutual competition, co-operation and development in this respect.
Time:
hours
Introduction:
The western world including Europe, once leading the world economically and politically, is still in 2013 suffering from the economic crisis, which started in 2008. Most European countries have little or no economic growth, high unemployment, somewhere dramatic cuts in public spending etc. Today Europe suffers the most. Outside the western world the economic crisis has also had an impact, but in a much smaller scale, and a significant decrease in economic growth in e.g. the BRICS countries, Brazil, Russia, India, China, South Africa, has not shown until the previous year. The BRICS countries are the leading economies on their respective continents.<br /> <br /> The emerging markets in the former poor part of the world have been able to compete on the world market with lower costs, less regulations and lower standards for the environment and working conditions, besides an ability to find and take advantage of the niches in the global production. A lot of especially labour intensive productions have been out-sourced from the industrialized countries to the BRICS countries and other countries in the poor world. There are some signs of that this kind of industrial production returns to the industrialized world. It seems that there is a necessary link between the production part itself and the innovative, creative part of the manufacturing process. The rich world needs the production part to keep innovative, and parts of the poor world have benefited from the out-sourced productions and have become innovative and competitive.<br /> <br /> No matter the location of the productions most of it is still owned by the big global corporations. It still seems that Europe, and the rich part of the world, will in the years to come be challenged in their now dominant and favoured position on the world market. The big corporations allocate production and investments wherever it may be the most beneficial for them. The economic growth in especially Asian, but also some African countries, are significant higher than in Europe and also the US. Whether this will lead to more general equal conditions globally between people and societies is still an open question.<br /> <br /> A growing competition, maybe also corporation, is thus to expect in the relations between Europe and the former Third World. It could be a perspective as partners in global economy on a more equal level than today. Probably it will depend how strong economies the BRICS countries and others will develop and thus eventually diminish the economical gap to the rich world. Other issues have been a part of the relations, like good governance, the question about democracy, human rights etc. These issues are often a part of the work of the various organizations, NGO´s, working in this field and to some extent European governments. They are relevant for the poor world as well as the rich world, but usually the money has a big say when it comes to mutual, economical relations. The situation for Europe today …?
Directive:
The task is set to 8 hours.<br /> <br /> Read the introduction and the questions and make sure you understand the overall aim of the task.<br /> Read ALL the files.<br /> <br /> How to use this task:<br /> <br /> Variant 1.<br /> You can solve the task individually by answering all the questions in the form of a 3-page text.<br /> <br /> Variant 2.<br /> You can solve the task commonly, where your teammates and you share different parts of the topic among yourselves and present to each other in a form of a course. The whole course with all the parts shouldn’t exceed 2 hours.<br /> Each one of you will end up with a 1-page text about your part of the topic and the conclusion from your part of the course. All the materials you used for your part of the course should also be send to your teacher.<br /> <br /> Use additional sources if you find it beneficial, especially if you have chosen the variant 2. The origin of additional sources must be noted for control.<br /> <br /> The issues to work with: <div style="margin-left: 40px;">1. File 1: The EU and emerging economies</div> <div style="margin-left: 80px;">a) What could be the implications of the emerging economies to have more say in e.g. the World Bank?<br /> <br /> b) Why does Europe fear protectionism from the emerging economies? What is it, and how does it affect eventually Europe?<br /> <br /> c) Why does the EU pay specific attention to tourism? What is the economy involved?<br /> <br /> d) What is the background for the growing out-sourcing process? What are the implications for Europe as well as Middle East and Africa?<br /> <br /> e) What are the background for the rapid changes in the relationship between the EU and Russia? </div> <div style="margin-left: 40px;">2. The EU and China<br /> </div> <div style="margin-left: 80px;">a) Describe with examples and data the significance of the relations between the EU and China. Why are there signs of a slowing down?</div> <div style="margin-left: 40px;"> </div> <div style="margin-left: 40px;">3. The EU and Russia<br /> </div> <div style="margin-left: 80px;">a) Describe the main causes for the problems in the Russian economy today? What would this imply for the relations EU and Russia?</div> <div style="margin-left: 40px;">4. The EU and India<br /> </div> <div style="margin-left: 40px;"> </div> <div style="margin-left: 80px;">a) Due to the articles: Why should Europe and India have a closer relationship? How will India benefit from this? How will Europe?</div> <div style="margin-left: 40px;">5. The EU and Brazil</div> <div style="margin-left: 40px;"> </div> <div style="margin-left: 80px;">a) According to the article: What will the Brazilian government have to do to restore the Brazilian global competitiveness?</div> <br /> FILES:<br /> <br /> .
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Search words:
Europe, emerging, economies, BRICS, competition, co-operation, development, economic crisis, economic growth, unemployment, markets, regulations, production, industrialized, corporations
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