GMS 691 Study Guide - Quiz Guide: The Sumitomo Bank, Keiretsu, Google Wallet

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 691
• Professor: Shavin Malhotra

Document Summary

Avg growth of asian economies 2005-2011: 8. 54% Rapid growth over the 30-40 years from singapore and south korea to china and india. South and east asia grown rapidly over latin america. Largest population: japan, south korea, pakistan, india, china. Asean (association of south east asian nations, (indonesia, malaysia, philippines, thailand) China (including hong kong): doing well: 8. 2% Japan doing tremendously in the 80"s but lost footing in the 90"s. Some of the blame goes to the keiretsus. Depreciation of the japanese currency, exports hit badly-7. 8%-0. 5% Eu has been growing at a very slow pace compared to the asian nations (1. 5%) Us has been growing at a very slow pace too (1. 1%) Singapore per capita gdp is 48 times that of myanmar. Cities by pop: mumbai: 13, 922, 135, shanghai: 13, 831, 900, karachi: 12, 991, 000, delhi: 12, 259, 230. Many early chinese civilizations started early in the yellow river. 1)high savings rate: china: 25% of gdp vs.