NEW ECONOMIC POWERS Assignment Example | Topics and Well Written Essays - 250 words

NEW ECONOMIC POWERS - Assignment Example These are some of the most sought after names in the business world, and since their populations are dense, they are able to come ahead with little ease as a great amount of cheap labor is available - this allows China, India and Brazil to depict success. Export orientation definitely depends on a nation’s stage of development since it suggests the kind of imports coming in and exports going out of its shores (Sibanda, 2011). However, this requires a great amount of persistence and effort by the governments of these countries because they are the ones who decide the relevant course of action that has to be adopted within these lands. In essence, these countries are doing all that they can to make sure that their economic progress comes about in an easy manner, without much difficulty (Quer, 2010). Export orientation is inherently a powerful approach because it sets the ball rolling for bringing an upheaval within the economic settings and allows the people to understand that t hey must connect globally rather than remaining locally