StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business and Management about WTO - Dissertation Example

Cite this document
Summary
The author of the paper "Business and Management about WTO" argues in a well-organized manner that liberalization has the potential of making the countries more prone towards the international price shocks and thus, it may also give rise to risk exposure…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Business and Management about WTO
Read Text Preview

Extract of sample "Business and Management about WTO"

Download file to see previous pages

Liberalization may further affect the terms of trade of a country as well as its prices and competitiveness, which may all result in broader implications for poverty and employment.

This study will investigate some of the potential macroeconomic impacts on the domestic market of a country resulting from its accession to the WTO, in particular, the case of Vietnam’s accession to the WTO will be discussed that will enable us to determine how it may assist our organization to enter new markets. This study will concentrate on the period from 1995 when Vietnam commenced undertaking its negotiations for joining the WTO, up to the date of

31 December 2007 is one year after its accession to the WTO. Since the mid of 1980s, Vietnam has boarded on to the economic reforms and its accession to the WTO has been caused by its drive for bringing economic reforms to its economy and for its better integration into the trading system of the world.

The membership of the WTO-World Trade Organization and the participation in RTAs (regional trade agreements) pose significant challenges for the domestic firms along with bringing several benefits and opportunities to them.  Numerous social concerns related to trade policy reform and liberalization arise with the implementation of the WTO commitments. Domestic businesses might face several challenges while endeavoring to adjust to the pressure of the rising competition in the market that arises from the commitments undertaken by the government of the state in the process of WTO accession. Having done in various countries, the implementation of WTO obligations has a significant impact on the economy and the society of the host country. Thus, we will study the accession of Vietnam’s accession to WTO in order to assess the impact of WTO on firms and thereby, determine how it may help our organization in entering new markets.  For this purpose, we will investigate the role of WTO in the sustainable and equitable economic development of a country. The report will discuss the impact of trade and institutional reforms through the WTO accession by studying and learning from the case study of Vietnam. We will learn, in this report, to capitalize on advantages and minimize the potential negative impacts that emerge from the implementation process by working out the measures as well as through action-oriented recommendations. In specific, the study aims to investigate the following subjects:

  1. the impact of WTO over the macroeconomic policies, the public sector as well as the public revenue, in particular;
  2. the impact of WTO obligations over the trade performances;
  3. the impact of WTO obligations over the industrial sector;
  4. the impact of WTO obligations on the business environment as well as on foreign trade investments.

    2. Literature Review

In recent years, many studies on the impact of WTO membership on the new markets have emerged. The first most detailed econometric study on the impact of WTO has been provided by Rose (2004). In his work, Rose (2004) employed a standard gravity model that used some dummy variables and time fixed impact to particularly account for the impact of formal participation and membership of the WTO. The OLS and the time-fixed effects were used to estimate the proposed model. 

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business and Management about WTO Dissertation”, n.d.)
Retrieved from https://studentshare.org/other/1425997-business-and-management-about-wto
(Business and Management about WTO Dissertation)
https://studentshare.org/other/1425997-business-and-management-about-wto.
“Business and Management about WTO Dissertation”, n.d. https://studentshare.org/other/1425997-business-and-management-about-wto.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business and Management about WTO

Business Continuity Management Is a Luxury in Times of Recession

In a survey conducted by Patrick Woodman (2007) about BCM, there's a 73% of managers report that establishing this kind of program is helpful for the whole organisation; thus 94% agreed that disruption in their business operations had been reduced.... After the attack, a study conducted that about 81% of CEOs had said that their company plans wouldn't be able to survive with that kind of incident (Naef, 2003).... BUSINESS CONTINUITY management: A LUXURY IN TIMES OF RECESSION 1....
12 Pages (3000 words) Essay

The Role of Ethics and Social Responsibility in Strategy

A business' economic responsibilities are to produce goods and services that society needs and wants at a price that can perpetrate the business and satisfy its obligation to investors.... In this way, we can examine applications in the business context, thus drawing conclusions about their roles in strategy.... Running Head: Business management Business management of the of the Business management Strategic ethics and social responsibility are two of the most important, yet perhaps most misunderstood concerns in the world of business today....
2 Pages (500 words) Essay

International Business Management

This can increase the scope for the marketing also as the spread of the information can tell about the quality of the product in a far away place with increased speed.... he management of business has spread into needs of the people, communications technology, recreation and culture of the different people due to advances in technology.... Due to these activities the nice business management can make marketing innovative.... The unpredictable shift of the power due to the expansions in the economies raised need of the new management practices that can use the advances in the communications technology....
16 Pages (4000 words) Essay

The business management in the modern world

It is widely thought as an innovative approach to management, business and organisation.... It includes a varied range of view points, which are critical about the traditional theories that are followed till now.... 1InstitutionalismThinking about institutionalism is also a part of the management and critical theories found a choice in it, which need change.... The business management in the modern world can be viewed from the point of critical management studies....
7 Pages (1750 words) Essay

Communications in B2B Marketing

t can be stated that the world is in the midst of an all-purpose technological revolution based on electronic business technology, defined here as e commerce, software related trading techniques, and software related supply chain equipment.... The macroeconomic benefits of the electronic business technology revolution are already apparent in some economies, especially the United States and United Kingdom.... istorical experience has shown that such revolutions have often been accompanied by financial booms and busts, and the electronic business technology revolution has been no exception....
12 Pages (3000 words) Essay

Introduction to the internet and E- Business

It looks they are unaware about the technology, if proper demonstration is conducted to explain the possibilities, and benefits associated with it.... The company should be educated about different e-business models and their acceptance & success in Catering industry.... t can be said that the Information and Communication Technologies (ICTs), for conducting or supporting are used to improve the business activities and processes, including development and research, design and development, procurement, operation, marketing, manufacturing, and sales, human resources management, logistics, value chain integration and finance....
5 Pages (1250 words) Essay

Quality Management in Business

All these forms of errors are normal in case of hospitality industry but the main concern lies on the management about how they deal with such issues and how fast they rectify them (Arab British Academy for Higher Education, n.... For bringing about improvement in ‘The Rose and Crown' in terms of service, which is... uality, in terms of service in hotel industry is a process where the management team focuses on assessing the expectations of the customers for the services that they are offered with (AbuKhalifeh & Som, 2012)....
12 Pages (3000 words) Essay

Research Methods - International Business Management

This can increase the scope of the marketing also as the spread of the information can tell about the quality of the product in a faraway place with increased speed.... From the discussion in the essay "Research Methods - International Business management" it may be concluded that the changing environment, needs of the people and increasing technology involves marketing strategies that are part of the business management.... What practices by management in photo album industry business influence marketing strategy?...
15 Pages (3750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us