Made in the World
It’s Your World!
Made in the World
Today, companies divide their operations across the world, from the design of the product and manufacturing of components to assembly and marketing, creating international production chains. More and more products are “Made in the World” rather than “Made in the UK” or “Made in France”.
The statistical bias created by attributing the full commercial value to the last country of origin can pervert the political debate on the origin of the imbalances and lead to misguided, and hence counter-productive, decisions. The challenge is to find the right statistical bridges between the different statistical frameworks and national accounting systems to ensure that international interactions resulting from globalization are properly reflected and to facilitate cross border dialogue between national decision makers. – World Trade Organization (WTO)
- African Union hosts first Africa Fashion Business Summit
- Ireland is the 25th member of the European Fashion Council
- HeForShe Launches Inaugural Arts Week
- Cultural Times – Cultural and Creative Industries Study
- CSR Europe Enterprise 2020 Summit
- Pacific Cultures: Regional Culture Strategy 2010-2020
- Ministry for the Arts: Creative Industries
- CCI Narrative: Research for a Creative Australia
- ASEF: Enabling Crossovers – Good Practices in the Creative Industries
- SPC: Valuing Culture in Oceania
People and Society
The planet’s population continues to explode: from 1 billion in 1820 to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1987, 6 billion in 1999, and 7 billion in 2012. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine and agriculture) and fears (e.g., development of even more lethal weapons of war).
7,174,611,584 (July 2014 est.)
top ten most populous countries (in millions): China 1355.69; India 1,236.34; United States 318.89; Indonesia 253.61; Brazil 202.66; Pakistan 196.17; Nigeria 177.16; Bangladesh 166.28; Russia 142.47; Japan 127.10
International Trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP). While International Trade has been present throughout much of history, its economic, social, and political importance has been on the rise in recent centuries.
Where trade unions are most firmly organized, there are the rights of the people most respected.Samuel GompersIndustrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the International Trade system. Increasing International Trade is crucial to the continuance of globalization. Without International Trade, nations would be limited to the goods and services produced within their own borders.
As a result of International Trade, the market contains greater competition and therefore more competitive prices, which brings a cheaper product home to the consumer.
International Trade is also a branch of economics, which, together with international finance, forms the larger branch of international economics.
The term Experience Economy was first described in a book published in 1999 by B. Joseph Pine II and James H. Gilmore, titled “The Experience Economy”. In it they described the experience economy as the next economy following the agrarian economy, the industrial economy, and the most recent service economy. This concept had been previously researched by many other authors.