Chapter 18: The Economy and Work By World-Renowned Economist Mr. Yuriy Sukhorukov.
The Economist 18 January 2014
-
Upload
wyquek2130 -
Category
Documents
-
view
219 -
download
0
Transcript of The Economist 18 January 2014
![Page 1: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/1.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 1/104
![Page 2: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/2.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 2/104
![Page 3: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/3.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 3/104
![Page 4: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/4.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 4/104
![Page 5: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/5.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 5/104
![Page 6: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/6.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 6/104
![Page 7: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/7.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 7/104
![Page 8: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/8.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 8/104
![Page 9: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/9.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 9/104
![Page 10: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/10.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 10/104
![Page 11: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/11.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 11/104
![Page 12: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/12.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 12/104
![Page 13: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/13.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 13/104
![Page 14: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/14.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 14/104
![Page 15: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/15.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 15/104
![Page 16: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/16.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 16/104
![Page 17: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/17.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 17/104
![Page 18: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/18.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 18/104
![Page 19: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/19.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 19/104
![Page 20: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/20.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 20/104
![Page 21: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/21.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 21/104
![Page 22: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/22.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 22/104
![Page 23: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/23.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 23/104
![Page 24: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/24.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 24/104
![Page 25: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/25.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 25/104
![Page 26: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/26.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 26/104
![Page 27: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/27.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 27/104
![Page 28: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/28.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 28/104
![Page 29: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/29.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 29/104
![Page 30: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/30.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 30/104
![Page 31: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/31.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 31/104
![Page 32: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/32.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 32/104
![Page 33: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/33.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 33/104
![Page 34: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/34.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 34/104
![Page 35: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/35.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 35/104
![Page 36: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/36.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 36/104
![Page 37: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/37.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 37/104
![Page 38: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/38.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 38/104
![Page 39: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/39.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 39/104
![Page 40: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/40.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 40/104
![Page 41: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/41.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 41/104
![Page 42: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/42.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 42/104
![Page 43: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/43.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 43/104
![Page 44: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/44.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 44/104
![Page 45: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/45.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 45/104
![Page 46: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/46.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 46/104
![Page 47: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/47.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 47/104
![Page 48: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/48.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 48/104
![Page 49: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/49.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 49/104
![Page 50: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/50.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 50/104
![Page 51: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/51.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 51/104
![Page 52: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/52.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 52/104
![Page 53: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/53.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 53/104
![Page 54: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/54.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 54/104
![Page 55: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/55.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 55/104
![Page 56: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/56.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 56/104
![Page 57: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/57.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 57/104
![Page 58: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/58.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 58/104
![Page 59: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/59.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 59/104
![Page 60: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/60.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 60/104
![Page 61: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/61.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 61/104
![Page 62: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/62.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 62/104
![Page 63: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/63.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 63/104
![Page 64: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/64.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 64/104
![Page 65: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/65.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 65/104
![Page 66: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/66.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 66/104
![Page 67: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/67.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 67/104
![Page 68: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/68.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 68/104
![Page 69: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/69.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 69/104
![Page 70: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/70.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 70/104
![Page 71: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/71.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 71/104
![Page 72: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/72.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 72/104
![Page 73: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/73.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 73/104
![Page 74: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/74.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 74/104
![Page 75: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/75.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 75/104
![Page 76: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/76.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 76/104
![Page 77: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/77.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 77/104
![Page 78: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/78.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 78/104
![Page 79: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/79.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 79/104
![Page 80: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/80.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 80/104
![Page 81: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/81.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 81/104
![Page 82: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/82.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 82/104
![Page 83: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/83.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 83/104
![Page 84: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/84.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 84/104
![Page 85: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/85.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 85/104
![Page 86: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/86.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 86/104
![Page 87: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/87.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 87/104
![Page 88: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/88.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 88/104
![Page 89: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/89.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 89/104
![Page 90: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/90.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 90/104
![Page 91: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/91.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 91/104
![Page 92: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/92.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 92/104
![Page 93: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/93.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 93/104
![Page 94: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/94.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 94/104
![Page 95: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/95.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 95/104
![Page 96: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/96.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 96/104
![Page 97: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/97.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 97/104
![Page 98: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/98.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 98/104
![Page 99: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/99.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 99/104
![Page 100: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/100.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 100/104
![Page 101: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/101.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 101/104
![Page 102: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/102.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 102/104
![Page 103: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/103.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 103/104
Tianjin Economic-Technological Develo pment
Area (TEDA) in eastern China has never shied
away from grand ambitions. As one of China sfirst industrial zones, established in late 1984,
it strived to be the best from the outset. And it
has consistently achieved its intention, having
placed first in the country s ranking of National
Industrial Parks for the past 15 years.
Maintaining that pacesetting position as it
enters its fourth decade in existence is TEDA s
current focus as younger peers nip at its
heels. However, i t s rising to the challenge in
typically enterprising fashion.
TEDA is located south east of Beijing on the
coastline of the Bohai Sea, 40 kilometres from
China s major metropolis of Tianjin. Its enviable
geographical position has been a significant
factor in its rise to pre-eminence in the country,
with over 15,000 foreign and domestic
companies now established within the zone.
However, it s TEDA s ability to anticipate, adapt
and react to China s fast-changing economic
context that s given it its edge.
China s stronghold on low-cost manufacturing
is loosening as wages rise and it s currency
appreciates. As the country s competitiveadvantage in manufacturing weakens, demand
for advances in technology and automation
have intensified, driving the economy up the
value chain. It is these opportunit ies that TEDA
has been perfectly positioned to capitalise on,
securing its role as a leading driver of change in
the diversifying Chinese economy.
TEDA s novel 2 2 2 3 4 roadmap set
the zone on the right track from the start:
to strengthen 2 industries (advanced
manufacturing and modern services),
foster 2 economic engines (investment and
technology), serve investors in 2 ways (caring
for existing ones and encouraging new
prospects), create more balance between 3styles of ownership (overseas, state-owned
and private), and accelerate its geographical
expansion in 4 surrounding directions.
Going forward, some key areas of
development have ensured TEDA is poised
to maintain its poll position among China s
industrial zones, while making a vital
contribution to the sustainable restructuring of
the Chinese economy.
Investment in technology has long been a
priority. Five per cent of the zone s revenueshave been reinvested in technology-related
infrastructure, grants, and as backing to
companies searching for bank funding. The
result is a vibrant tech scene, anticipated to be
worth a staggering 250 billion yuan by 2015.
At its forefront is the highly innovative Binhai
Cloud Comput ing Park, situated within TEDA s
boundaries. The park s infrastructure boasts
impressive bandwidth and power supply, and
is home to the Tianhe-1 A Computer - voted
the world s fastest computer at the start of the
decade. Its cloud-computing platform supports
3D animation, oil exploration, pharmaceuticalresearch, financial risk modelling, and much
besides. The likes of IBM, Hewlett Packard,
and Tencent have taken advan tage of the
excellent infrastructure TEDA provides and
have established operat ions there.
Nangang, a 200km2 industrial park within
TEDA s administration tha t incorporates a port
on the strategic Bohai Sea, is focused on the oil
and energy-related indus try that s so critical to
China s sustained economic g rowth. Nangang
has seen rapid expansion since its inception in
2009 and is expected to top 800 billion yuan in
its first five years. Big petrochemical companies
looking to exploit China s burgeoning consumer
market, and attracted by Nangang s highenvironmental standards, are setting up there,
including Shell (who have built a state -of-the
art lubricant plant), Dow Chemical, Rosneft,
SABIC, and Air Liquide, along with many other
large domesti c entities.
The Chinese name for TEDA is comprised
of two words: peace and prosperity. TEDA
had the foresight to know that prosperous
companies require more than good business
infrastructure - they have social needs, too.
Attracting and retaining the best and most
innovative employees is critical for companieskeen to exploit the opportunities provided
by the upscaling of the Chinese economy.
o this end, TEDA has been conscious to
differentiate itself fr om other industrial park s
through the creation of alluring living spaces
and world-class facilities. And the approach is
proving successful, with growing numbers of
talented Chinese and expatriate professionals
taking up residence in the zone; attracted by
the international schools, healthcare options,
entertainment facilities, residential properties
and peaceful green spaces.
Now home to over 200 of the Fortune 500
companies, and with satellite offices in the
US, Japan, Europe, Beijing, Shanghai, Hong
Kong and Taiwan, TEDA is making a pivotal
contribution to China s sustainable economic
future. W atch to see where the footprints of
this forward-thinking and amb itious industrial
zone head next.
ES\: T « ~ ~ Dcl c1of>mcnt Ar
![Page 104: The Economist 18 January 2014](https://reader034.fdocuments.net/reader034/viewer/2022052608/577cd0751a28ab9e78924c69/html5/thumbnails/104.jpg)
8/12/2019 The Economist 18 January 2014
http://slidepdf.com/reader/full/the-economist-18-january-2014 104/104
HCMHuman Capital
Recruiting
Talent
CRMSales
Service
Marketing
ERPFinancials
Procurement
ProjectsSupply Chain