Five Major Global Trends Impacting International Business

1) Identify and describe in detail 5 major global trends impacting international business. Identify the trends, provide supporting evidence of the trend and how it will impact the global and local market.

Five major global trends impacting international business are as follows:

1. Changing demographic of the world population: o According UN’s The World Population Prospectus: 2015 Revision, the world’s ageing population is growing rapidly in contrast to the shrinking working age individuals. As a result, it is likely that the global economy shrinks as jobs are not substantially filled. Indeed, east Asian countries experience this demographic change at large. However, as markets are highly dependent, this change may sway the focus of global commerce. Generally, it is suggested that the market for retirement lifestyle is growing. Indeed, there have already been fueling demands for public investment to meet the needs of seniors and children in Japan. Hence, this hints at a potential shift in global market focus. However, the problem is not as much an issue in the U.S.

2. E-commerce facilitated by social media:
o

Additionally, she aims to increase the minimum wage, and taxes on investment income and multinational corporations (Hillary for America, 2016). She has also said no to new trade agreements unless they create American Jobs. There is a fine line to walk with these policies. In an economy where the monetary policy has been relatively unsuccessful in stimulating the economy, placing additional pressure on businesses and investors may be counter-intuitive. Due to such, on a global scale, the trade deficit of the US may increase at a faster rate. However, in comparison to her competitor, Mr. Trump, the global market maybe more receptive to her leadership. Hence, global market confidence may not be