Economic growth

* Urbanization: With a growth of 29% in 40 years for the urbanization, cities host more people. This is positive for a brand like Starbucks, usually located in the center of activities. Economic * Purchasing power: It has stagnated in recent months. Since the crisis, the economic situation of households has deteriorated. Nevertheless, there has been a slight improvement. Nowadays, Italy has the 21st GNP per inhabitants of the world. * GNP: Economic growth rebounded to 1.3% in Italy in

between inflation and economic growth in UEMOA economic zones and to make recommendations for economic policy. Threshold model regression in panel data is the methodology therefore used. The results show that the rate of inflation makes significant non-linear effects on the rate of economic growth. They highlight two thresholds, three main regimes and two intermediate regimes: inflation is pro growth when the rate is less than 6.70%, neutral between 6.70% and 9.32% and harmful to growth if the rate is above

the world cosmetics market has been growing at twice the rate of the annual global average GNP. It is still growing even in developed countries, thanks to new demands and new markets, but the growth of the cosmetics market is especially important in the emerging countries where the correlation between economic development and consumption of cosmetics is strong. (Size of cosmetics market, 1991: 63.4 billions of dollars and in 2005: 116.7 billions of dollars) Graph: Loreal Figures : Turnover

Table of Contents Introduction Industry Analysis 3 P.E.S.T. Analysis 4 Five Forces Competitive Analysis 5 The Industry’s Dominant Economic Features 6 SWOT Analysis 7 Change in the Pharmaceutical Industry 8 Illustration of Size and Location of Pharmaceutical Companies 9 Industries Attractiveness to Investors 10 Conclusion 1 INTRODUCTION A pharmaceutical company

Nestlé India is a subsidiary of Nestlé S.A. of Switzerland. With seven factories and a large number of co-packers, Nestlé India is a Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction. • Calculations Return on assets (ROA) = (Net Income/Total assets) Return on Equity (ROE) = (Net Income after tax/Shareholder Equity) OR (Net Income after tax/Total Assets – Total liabilities) Equity Ratio (ER) = (Owners’

principales problemas, repris dans [CEPAL, 1998b], Santiago du Chili: Naciones Unidas. DIXIT A. ET J. STIGLITZ,[1977], «Monopolistic competition and optimum product diversity», in Amercian Economic Review, 67, p.297-308. EDWARDS S. [1998] «Openness, productivity and growth: what do we really know?», in Economic Journal 108, March FAJNZYLBER, F., [1990] «Industrialización en América Latina: de la caja negra al casillero vacio» , in Cuadernos de la CEPAL n°60, et repris dans CEPAL, [1998], ouvrage cité

richesse des nations », Gallimard (édition 1976), Paris, p. 167 cité dans Saïdane. D (2002) : op. cit., p. 6. 2 Abouch. M et Ezzahid. E (2007) : « Financial Development and Economic Growth Nexus : The Moroccan Case », 11èmes Rencontres Euro-méditerranéennes, Nice 15-16 novembre 2007, p. 2. 3 Trabelsi. M (2002) : « Finance and Growth : Empirical Evidence from Developing Countries, 1960-1990 », Cahiers du Centre de Recherche et Développement en Economie (CRDE), Université de Montréal, N°13, p. 1. 17

propose un abandon de l’euro, d’autres argumentent sur l’importante capacité de stabilisation de l’euro et proposent au contraire son renforcement futur. There is nevertheless a debate about the future: some people says that the slowing down of growth of the Eurozone is mainly the consequence of the single currency and so proposes an abandonment of the euro, and the others argue of the important capacity of stabilization of the euro and propose on the contrary its future strengthening. Yohan :

full capitalistic model. Private and public sectors are both remained. The state has nationalized all means of production and encouraged the ‘laisser-faire’. Full employement : the employement rate has to be maintained below 3%. Demand-side economics system : the state invests by adjusting interest rates. It is called the ‘Stop and Go System’ ( the goal is to create a lot of production and when inflation becomes important the system stops) . The Keynesian Welfare State and its decline. 1942 :

INDUSTRIA DE DISENO TEXTIL, S.A. [pic] Financial Statements Analysis Case Study OUTLINE 1. Introduction: economic and sector situation analysis 2. History of INDITEX 3. Strategy of INDITEX 4. Economic and Financial Analysis a) Balance Sheet and Income Statement of INDITEX b) Balance Sheet and Income Statement of H&M c) Main ratios for INDITEX and H&M D) Interpretation of financial statements, situation of INDITEX, Comparison of INDITEX vs. H&M