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SARUA CHANGE, COMPLEXITIES AND COMPETITIVENESS : IMPLICATIONS FOR HIGHER EDUCATION 9 JULY 2012

SARUA CHANGE, COMPLEXITIES AND COMPETITIVENESS : IMPLICATIONS FOR HIGHER EDUCATION 9 JULY 2012 Professor Nick Binedell. We live in an era of large scale and rapid change , increasing technical and social complexity and significantly more competition.

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SARUA CHANGE, COMPLEXITIES AND COMPETITIVENESS : IMPLICATIONS FOR HIGHER EDUCATION 9 JULY 2012

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  1. SARUA CHANGE, COMPLEXITIES AND COMPETITIVENESS : IMPLICATIONS FOR HIGHER EDUCATION 9 JULY 2012 Professor Nick Binedell

  2. We live in an era of large scale and rapid change, increasing technical and social complexity and significantly more competition.

  3. We live in an era of large scale and rapid change, increasing technical and social complexity and significantly more competition.Is this true?…. And if it is, should it lead to fear or hope?

  4. GLOBAL ECONOMIES (PPP + Population) USA $14 trillion 370 m EU $15 trillion 500 m Japan $4.15 trillion 120 m $70 trillion 6,8 bn India $ 3.5 trillion 1.1 bn China $8.8 trillion 1,3 bn Latin America $ 6 trillion 550 m South East Asia $1.5 trillion 593 m Sub-Saharan Africa $ 1.7 trillion 850 m

  5. DIVERSITY IN THE GLOBAL ECONOMY… JAPAN Aging population Gender Inward orientation Economic stagnation EUROPE Definition of Europe Multi ethnicity Difficult demographics Two speed Europe? Financial stability Social market system USA Market based system Ethnic diversity Young nation (300 years) Technological capabilities Global cultural reach Immigration Adapted from Stephen H Rhinesmith All who work internationally or who need to deal across national boundaries face many cultural, political and economic differences

  6. DIVERSITY IN THE GLOBAL ECONOMY… INDIA Population Young demographics Generational differences ICT English language BRAZIL Emerging status Improving stability Infrastructure lag Inequality Establishment of identity Emerging global player CHINA Rapid economic development Size of population Demographic challenge Rule of law Party mandate Form of political economy Adapted from Stephen H Rhinesmith All who work internationally or who need to deal across national boundaries face many cultural, political and economic differences

  7. DIVERSITY IN THE GLOBAL ECONOMY… UAE Gulf States Authoritarian rule Challenge to leadership Vision and drive Regional hub RUSSIA Turbulent history 11 time zones Resources based economy Emergent democracy Identity ? SOUTH AFRICA Political transformation Race and Identity Raw material economy Africa ? Adapted from Stephen H Rhinesmith All who work internationally or who need to deal across national boundaries face many cultural, political and economic differences

  8. ASIA

  9. China 1 200 Mil

  10. “Without successful political structural reform, it is impossible for us to fully institute economic structural reform and the gains we have made in this area may be lost” Wen Jaibao Source : Financial Times, 15 March 2012

  11. CHONGQING

  12. AFRICA 150m $2500 600m $600 50m $3500

  13. CONNECTIVITY AFRICA SOURCE : www.internetworldstats.com

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