- Explain the growing importance of FDI for the State of Kuwait based on official statistics. You will be documenting the relevant data by providing tables and figures indicating the breakdown of FDI inflows in terms of time dimension, sector, foreign equity ownership, and country of origin (with your comments) (7 points). 2. Discuss about the opportunities for as well as the impediments or barriers to global corporations’ FDI activity for the State of Kuwait (7 points). 3. Discuss the effects of global corporations’ FDI on Kuwaiti economy based on following aspects: economic growth, improvement of technological capacity, employment, and human resource development (6 points).
Americas, the Old-World Europeans became eager to settle and trade with new people. With the movement of people, the exchange of diseases, crops, and culture, are inevitable. The Old World gained new crops such as sweet potatoes and maize, which increased the European populations by huge amounts. The exchange created a much-needed path across the world and in turn, increased trade. Among the many gains the exchange wrought, it also festered losses. European exchange with the New World highlighted the lack of immunity to common bacteria and illnesses that the Native Americans had. The transmission of diseases brought by Europeans to formerly isolated areas caused death and devastation in the New World communities. Europeans spread smallpox, typhus, and smallpox. However, the spread of diseases wasn’t one sided in the Columbian Exchange. Sailors brought syphilis to Europe on the journey home, which caused social stratification in the Old World. The devastative effect of the European diseases on the American population left a demand for labor that outweighed the supply of people able to work. This propelled the forced movement and capture of over 12 million Africans over three centuries (Manning, 1990). Exploration Until then the Western countries had lain on the fringe of civilization, with nothing apparently beyond them but Iceland and small islands. With the discovery of the Cape route and America, nations formerly peripheral found themselves central, with geographical forces impelling them to leadership. The opening of old lands in Asia and new ones in America changed Europe forever, and the Iberian countries understandably felt the changes first. The Portuguese government, for a time, made large profits from its Eastern trade, and individuals prospered; but Oriental luxuries were costly compared with the European goods that Portugal offered, and the balance had to be made up in specie. This eastward drain of gold and silver had gone on long before Portuguese imperial times, but it was now intensified. Much of the bullion reaching the Orient did not circulate but was hoarded or made into ornaments; consequently, there was no inflation in Asia, and prices there did not rise enough to create a demand for Western goods, which would have reversed the flow of bullion from the West. The Portuguese obtained most of the precious metal for this trade from spice sales through Antwerp and from Africa. The drain proved critical, and, by the reign of John III, the government found itself hard pressed economically and forced to abandon overseas posts that were a financial burden. Later, beginning in the 17th century,>GET ANSWER