News

\r\n The old traders’ adage “better to travel than arrive” has been true in 2017. Last year wa...
\r\n President Donald Trump signed on 28 March 2017 an executive order to unravel former President B...
\r\n According to some scientists, the fingerprint of human-caused climate change has been found on ...
\r\n Australia’s federal government has announced it will ratify and implement the OPCAT Treaty, O...
\r\n Nurses and teachers are among those bearing the brunt of a debt crisis rooted in the mistaken b...

Follow us

Articles

WORLD ECONOMY TRENDS BEHIND ALIBABA’S IPO

The legendary debut at Wall Street of Alibaba represents important trends that are about to change our global economy and many are the lessons that businessmen are learning from the Chinese e-commerce giant.

First of all, more and more leading companies will come from emerging economies. Alibaba is not an isolated, lucky case; Chinese tech and internet firms are conquering markets around the globe and they are putting US and European companies through the mill. Besides Jack Ma’s company, China can also count on Lenovo, Huawei and Shenzhen based Tencent just to mention a few; and India as well is challenging the once-untouchable IT firms such as Facebook, eBay, Amazon and Apple.

Secondly, the dualism between developed and developing markets is collapsing. Investors are starting to tread equally in firms from the developing world, which are gradually losing the stereotype of being less trustworthy and more volatile.

Another thing that Alibaba’s IPO can tell us is that the global economy will growth relying on consumers from developing countries. The recent crisis has indeed impacted western nations by violently limiting their disposable income. On the other hand, consumers from emerging economies can now be the new engine of world-wide economy thanks to their buying power.

Last but not the least, as companies from emerging countries are expanding their presence investing into developed markets, they are destined to become global employers; this means that labour market will soon be focussed on oriental territories.

 

The gLAWcal Team

LIBEAC project

Tuesday, 23 September 2014

(Source: Time)

This news has been realized by gLAWcal—Global Law Initiatives for Sustainable Development in collaboration with the University Institute of European Studies (IUSE) in Turin, Italy and the University of Piemonte Orientale, Novara, Italy which are both beneficiaries of the European Union Research Executive Agency IRSES Project “Liberalism in Between Europe And China” (LIBEAC) coordinated by Aix-Marseille University (CEPERC). This work has been realized in the framework of Workpackages 4, coordinated by University Institute of European Studies (IUSE) in Turin, Italy.