China and the WTO

1
China and the WTO

• Chinas entry into WTO to be formalized
• Beijings 15 year quest ends
• European and American insurance companies granted
  access to Chinese market
• Special access to AIG no local partners needed
• Dispute in differing access not resolved

Source New York Times
2
Ban on airline freight

• New security measures Banning cargo from
  passenger planes
• Passenger airlines woes
• Implications for electronics industry
• Microchips from U.S. to assembly plants in China,
  Singapore, Malaysia, Thailand and Taiwan
  Computers, digital assistants on return trip
• Just-in-time strategies

Source New York Times
3
Common Agricultural Policy

• Established in 1962
• Provides a subsidy for food production based on
  volume
• Environmental effects Spain, Britain
• Costs EU 25 billion pounds a year (consumes half
  the EUs budget)
• 80 of the money goes to 20 of the farmers
• Future of CAP uncertain
• Entry of 10 Eastern European countries into the
  EU

Source The Guardian
4
In the future maybe farmers shouldnt be paid to
produce food that nobody wants. Instead
they should be paid to produce a countryside
that everybody wants.
5
1-800-Buy-Ireland

• How has Irelands policy on trade and investment
  evolved through the years?
• Discuss IDAs role in making Ireland attractive
  to foreign investment historically and more
  recently in the 1990s.
• How did the Government policy economic and
  social - supplement IDAs efforts?
• What were the implications of membership in the
  European Union for Ireland?
• What are some of the issues Ireland has to deal
  with in the future?

6
Ireland The Celtic Tiger

• Real GDP growth rate 2000 9.8(e), 2001 7.8
  (f)
• Has one of the best education systems in the
  world
• Competitive wage environment, High productivity
• Beneficial corporate tax environment

7
Irelands high-tech sector slows

• Weak global market for high tech industry
• High tech businesses account for one-fourth of
  countrys exports
• Worlds leading exporter of packaged software
• Closure of assembly plants, job cuts Gateway,
  General Semiconductor, Baltimore Technologies