Analyse a Developing and Developed Country

The countries, United country and Vietnam, are apt example of the sorting in which they have been put. United Kingdom (UK) is a in full developed country (FDC) and Vietnam is an Emerging Market Economy (EME), with some(prenominal) of them offering great benefits to an investor while at the same epoch suffering from few shortcomings of their own. UK accounts for a large share of knowledge domain trade and has easy access to not only the house servant market but also to the European market by virtue of being a member of European essence (EU). Although it has, along with other western states, suffered greatly from financial nuclear meltdown leading to fall in industrial output and a downturn to manufacturing sectors in particular1, government has now announced a slew of programmes to aid the industry such as place up of Engineering and Physical Science Research Council (EPSRC)2 and engineering and Innovation Centre3. UK is ranked at no. 4 in worldwide rating or Ease of doing business by the World Bank with number 17 ranking for starting signal a Business4. It has several considerably established manufacturing centers such as Birmingham, Leeds and Glasgow which can be used as springboard to establish the company in European market.

Further, United Kingdom boasts of a model legal system which is considered to be iodine of the best in world allowing a business to get to effectively. It is considered to be a very tolerant society where muckle of all nationality live in peace and shape. Politically it is a stable country with current Prime Minister being David Cameroon from Conservative party who is heading coalition government along with Liberals. He has stated that the prime goal of his government go forth be to bring the country out of recession which bodes well for new investors as they will be provided with incentives. However, the biggest disadvantage of having operations at UK will be of high costs. For UK being a FDC suffers a comparative cost disadvantage. Also, though skilled bear on is available the... If you want to get a full essay, order it on our website: Orderessay

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