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      <title>Financial Globalization: Examples by Elizaveta Ogloblina</title>
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      <description>IFF3-4</description>
      <language>en-us</language>
      <pubDate>2017-09-18 11:13:41 UTC</pubDate>
      <lastBuildDate>2017-12-27 18:47:30 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Grytsenko / Usoltsev</title>
         <author></author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189669140</link>
         <description><![CDATA[<div>1. <a href="https://www.statista.com/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/">https://www.statista.com/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/</a> <br><a href="http://english.cri.cn/6826/2012/09/26/2821s724316.htm">http://english.cri.cn/6826/2012/09/26/2821s724316.htm</a><br>Kentucky Fried Chicken, which is an American company has got 20% of its restaurants/outlets in the world's second largest economy<br>2. <a href="https://tradingeconomics.com/singapore/foreign-direct-investment">https://tradingeconomics.com/singapore/foreign-direct-investment</a><br><a href="http://www.ey.com/za/en/newsroom/news-releases/news-ey-africa-presents-a-mixed-foreign-direct-investment-fdi-picture">http://www.ey.com/za/en/newsroom/news-releases/news-ey-africa-presents-a-mixed-foreign-direct-investment-fdi-picture</a><br>A single city economy of Singapore basically receives more foreign direct investment than the whole continent of Africa.<br>3. <a href="https://www.bloomberg.com/news/articles/2017-05-04/brexit-s-costs-and-whether-britain-will-pay-up-quicktake-q-a">https://www.bloomberg.com/news/articles/2017-05-04/brexit-s-costs-and-whether-britain-will-pay-up-quicktake-q-a</a><br>It will cost the UK ~45bn GBP to break away from the EU <br>4. <br><a href="https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china">https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china</a><br>The trade volume between the US and China currently amounts to more than 600bn USD, which is greater than the GDP of Switzerland<br>5. <br><a href="https://tradingeconomics.com/china/wages">https://tradingeconomics.com/china/wages</a><br>Due to the rising amount of foreign direct investment of both funds and capital, China has been on its way towards becoming another developed state. This fact is confirmed via examining the average annual salary all over China throughout the period from 1952 to 2016, which basically implies that the largest cities in China (Beijing Shanghai, Guangdong, HK) are already comparable to those in the West. </div>]]></description>
         <enclosure url="" />
         <pubDate>2017-09-21 10:05:51 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189669140</guid>
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      <item>
         <title>Blokhin/Khokhlova/Bui Bik Fyong</title>
         <author>nikitr9m</author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189669647</link>
         <description><![CDATA[<div>1) <a href="https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?locations=1W">https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?locations=1W</a><br>net FDI inflows in the world (BoP, $US)<br>2)&nbsp; &nbsp;<a href="https://www.ft.com/content/62fe1f7c-9e49-11e7-9a86-4d..">https://www.ft.com/content/62fe1f7c-9e49-11e7-9a86-4d.. </a><br> US currency finds some support as central bank signals intention to further raise rates.  <br>3) <a href="http://www.independent.co.uk/news/business/news/us-dollar-latest-update-exchange-rate-federal-reserve-interest-rates-rise-wall-street-stimulus-a7958711.html">http://www.independent.co.uk/news/business/news/us-dollar-latest-update-exchange-rate-federal-reserve-interest-rates-rise-wall-street-stimulus-a7958711.html</a><br> US Dollar rises after Federal Reserve says it plans to cut stimulus and hints at interest rate rise <br>4) <a href="https://www.theguardian.com/business/2017/sep/20/imf-world-bank-economic-order">https://www.theguardian.com/business/2017/sep/20/imf-world-bank-economic-order</a><br> IMF and World Bank members must stop rise of economic non-order <br>5) <a href="http://economictimes.indiatimes.com/news/economy/indicators/india-growing-pretty-robustly-world-bank-president-jim-kim/articleshow/60777108.cms">http://economictimes.indiatimes.com/news/economy/indicators/india-growing-pretty-robustly-world-bank-president-jim-kim/articleshow/60777108.cms</a><br> India growing pretty robustly: World Bank President Jim Kim &nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-09-21 10:08:24 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189669647</guid>
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      <item>
         <title>Lazareva/ Mazepov</title>
         <author></author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189670279</link>
         <description><![CDATA[<div>Saudi Arabia has been preparing its yearly budget with the assumption that the price of the oil barrel is USD 40; though in reality, the oil barrel was being sold for over USD 100.&nbsp; This created a lot of surplus for the Saudi government.<a href="https://scribbledviews.wordpress.com/2010/10/10/the-pros-cons-of-financial-globalization/">https://scribbledviews.wordpress.com/2010/10/10/the-pros-cons-of-financial-globalization/</a></div>]]></description>
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         <pubDate>2017-09-21 10:11:06 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189670279</guid>
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         <title>Narangua/Eliseeva/Bekauri</title>
         <author></author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189672019</link>
         <description><![CDATA[<div>1. Emergence of monetary integrations. Eurozone is a bright example.<br>https://www.princeton.edu/~ies/IES_Essays/E93.pdf<br><br>2. Banks in other advanced economies and developing countries have been expanding abroad. Banks in other countries—notably Canada, China, and Japan—have been expanding their foreign activity.&nbsp;<br>https://www.mckinsey.de/files/mgi_financial_globalization_report.pdf<br><br>3. As a result of technological development and simplification of international trade - increase in competition and cooperation in developing countries.<br>http://www.imf.org/external/pubs/ft/fandd/2002/03/hausler.htm<br><br>&nbsp;</div><div>4. New digital platforms, blockchain, and machine learning may create new channels for cross-border capital ows and further broaden participation. <br><a href="https://originmarkets.com/globalisation-is-alive-and-well-heres-why/">https://originmarkets.com/globalisation-is-alive-and-well-heres-why/</a></div><div><br><br>5. Financial globalization promises more stability. Imbalances of current, financial, and capital accounts have shrunk, from 2.5 percent of world GDP in 2007 to 1.7 percent in 2016. Developing countries have<br>become net recipients of global capital again.<br><a href="https://www.mckinsey.de/files/mgi_financial_globalization_report.pdf">https://www.mckinsey.de/files/mgi_financial_globalization_report.pdf</a><br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2017-09-21 10:18:41 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189672019</guid>
      </item>
      <item>
         <title>Lazareva/ Mazepov</title>
         <author></author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189898222</link>
         <description><![CDATA[<div>1) The Tokyo Round of trade negotiations, launched in 1973 by the major trading countries with the intention of achieving substantial tariff cuts, was erratic and protracted, coming to a close in 1979. <br><a href="http://users.nber.org/~wei/data/FinGlobal-F&amp;D.pdf">http://users.nber.org/~wei/data/FinGlobal-F&amp;D.pdf</a><br>2) Saudi Arabia has been preparing its yearly budget with the assumption that the price of the oil barrel is USD 40; though in reality, the oil barrel was being sold for over USD 100.  This created a lot of surplus for the Saudi government.<br><a href="https://scribbledviews.wordpress.com/2010/10/10/the-pros-cons-of-financial-globalization/">https://scribbledviews.wordpress.com/2010/10/10/the-pros-cons-of-financial-globalization/</a><br>3) Eurozone banks are at the epicenter of the retreat in cross-border lending, with<br>total foreign loans and other claims down by $7.3 trillion, or by 45 percent, since<br>2007. Nearly half has occurred in intra-Eurozone borrowing, with interbank lending<br>showing the largest decline. Swiss, UK, and some US banks also reduced their<br>foreign business. <br><a href="https://www.mckinsey.de/files/mgi_financial_globalization_report.pdf">https://www.mckinsey.de/files/mgi_financial_globalization_report.pdf</a><br>4)  In the future, a major task for New Zealand is to align further the internal logic of the deregulatory process as expressed in domestic legislation with the international environment in which domestic economies are more globally integrated. <br><a href="http://www.ub.edu/prometheus21/articulos/archivos/Globalization.PDF">http://www.ub.edu/prometheus21/articulos/archivos/Globalization.PDF</a><br>5)  For China’s foreign trade, the proportions of dollar invoicing are probably even higher—despite recent efforts of the People’s Bank of China (PBC) to encourage RMB invoicing for trade along China’s most immediate borders. <br><a href="http://ycsg.yale.edu/sites/default/files/files/financial_globalization.pdf">http://ycsg.yale.edu/sites/default/files/files/financial_globalization.pdf</a></div>]]></description>
         <enclosure url="" />
         <pubDate>2017-09-21 18:39:01 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/189898222</guid>
      </item>
      <item>
         <title>Ganbaatar / Chuluunbaatar</title>
         <author>g_tulga11</author>
         <link>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/218068537</link>
         <description><![CDATA[<div><br>1) Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016.<br><a href="http://www.engineeringnews.co.za/article/south-africa-remains-largest-fdi-hub-in-africa-report-2017-05-03/rep_id:4136">http://www.engineeringnews.co.za/article/south-africa-remains-largest-fdi-hub-in-africa-report-2017-05-03/rep_id:4136</a><br>2) In 2009, Logitech had sold fourteen million 27-MHz and ten million 2.4-GHz mice worldwide<br><br></div><h1>Reverse Innovation: Create Far from Home, Win Everywhere</h1><div>By Vijay Govindarajan, Chris Trimble<br><br>3) <strong>Alibaba</strong> aspires to serve 2bn <strong>customers </strong>around the world within 20 years—a benevolent empire that supports businesses. <br><a href="https://www.economist.com/news/special-report/21730539-e-commerce-giants-are-trying-export-their-success-alibaba-and-amazon-look-go-global">https://www.economist.com/news/special-report/21730539-e-commerce-giants-are-trying-export-their-success-alibaba-and-amazon-look-go-global</a><br><br>4) China is the largest consumer of coal in the world and Mongolia's close neighbor. In the first six months of 2017, Mongolia managed to sell China a record amount of coal.</div><div>According to economists, Mongolia exported approximately 25 million tons of "black gold" to China each month.<br><a href="http://www.chinadaily.com.cn/business/2017-08/25/content_31094148.htm">http://www.chinadaily.com.cn/business/2017-08/25/content_31094148.htm</a><br>5) The <strong><em>FedEx</em></strong> sorting facility in Memphis handles 1.2 million packages a night.<br><a href="http://wwd.com/fashion-news/fashion-features/gallery/fedex-brings-globalization-to-heartland/">http://wwd.com/fashion-news/fashion-features/gallery/fedex-brings-globalization-to-heartland/</a><br><br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2017-12-27 18:34:34 UTC</pubDate>
         <guid>https://padlet.com/elizaveta_ogloblina/m8p9jgcunjvd/wish/218068537</guid>
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