system, Inditex has a distinctive competence in inventory management. Compared to other companies’ net working capital ratios of 13%(GAP), 47.5%(H&M), 21.3%(Benetton) which measure efficiency of inventory management, Inditex’s working capital ratio amounted to less than 1%, to 0.8%. Comparing with H&M’s lower PPE/sales and higher working capital/sales ratios, Inditex’s high PPE/sales rati
compared to other countries. Previous administrations of Malaysia have noticed this situation and have promoted economic and non-cultural assimilations in various fields in pursuit for ethnic harmonization within the country. In 1997, the population of overseas Chinese in Malaysia was about 5,445,000 which took about 25% of the total population. It is estimated that Chinese possesses about 61% of
comparative advantage. The theory of comparative advantage argues that in an unrestricted marketplace (in equilibrium) each source of production will tend to specialize in that activity where it has comparative (rather than absolute) advantage. The theory argues that the net result will be an increase in income and ultimately wealth and well-being for everyone in the free trade area. However the
system.
2-3. Foreign affairs
Argentina, a major economic partner of Brazil, met the worst social and economic crisis on
December 20 2001, since the Great Depression. Three presidents are turned over in two weeks on
responsibility of financial crisis. During the last week of 2001, the interim government led by
Rodriguez Saa defaulted on the larger part of t
Economic and Social Affairs of the United Nations Secretariat
The First reason I found is the urbanization throughout the Philippines.
The Philippines is rapidly urbanizing which reflects INCREASING GDP and by 2050 84% of people will be living in cities, compared to 49% in 1990. Bigger cities put more pressure on available resources, including clean air.
The Philippines, except for Singapore