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The shape of a state is determined by the political boundaries and geography that determine its territory, and that shape impacts the politics and economies of the state. [1] The six categories of state shapes are: compact; elongated or attenuated; fragmented; prorupted or protruded; perforated; and compound or complex. [2] [3] [4]
The CAGE Distance Framework identifies Cultural, Administrative, Geographic and Economic differences or distances between countries that companies should address when crafting international strategies. [1] It may also be used to understand patterns of trade, capital, information, and people flows. [2]
Below is a list of the largest consumer markets of the world, according to data from the World Bank.The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending Values are in nominal terms in United States dollar and adjusted for Purchasing power parity (PPP) in constant 2021 International dollar in nominal terms.
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Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders attend ...
Final products may be sold to outside the region in which fragmentation happens: for example, East Asian countries often sell their final products to Europe and the USA. Producers in less developed countries operate in positions within a production chain which add less value to final product. Their challenge is to "climb upwards" on the ...
Networks of fragmented productions across countries are now called global value chains. [38] The emergence of global production has changed the way we understand the trade and international economy. [39] Still the core of international trade theory continues to be dominated by theories which assume trade of complete goods.
The 2020 study finds that economic globalization has decreased security of global supply chains with most countries exhibiting greater exposure to resource risks via international trade – mainly from remote production sources – and that diversifying trading partners is unlikely to help nations and sectors to reduce these or to improve their ...