Your facilitator has confirmed one of your choices of country for your course project. Using the textbook, the Argosy University online library resources, and the Internet, research your selected country, Rwanda. In this course project task, research the following:
Using all the research you have done and the parts of the paper you have written, develop a draft of your course project paper. Apart from the areas of research specified, you can include topics such as trade blocs relevant for your selected country and government incentives to global companies to do business in the country. These are just two examples, and it is likely you will find a number of such issues that represent important and insightful information.
The project paper should have the following structure:
The draft paper in a 10 page Word document please do not include the executive summary or the final recommendations section.
ATTACHED FILE(S)
Running head: COURSE PROJECT TASK 1 1
COURSE PROJECT TASK 1 4
Course Project Task 1
Introduction
There are many organizations which strengthen the international business opportunities of different countries of the world. Some of those organizations include the United Nations, the International Monetary Fund and the World Bank. These international bodies play a critical role in ensuring that international trade takes place. This paper seeks to analyze the specific role of each of these international bodies.
The International Monetary Fund (IMF) and World Bank play very significant macroeconomic roles (Woods, 2006). They ensure that there is worldwide monetary cooperation. They aid international business by facilitating international trade. It also ensures that different countries of the world are financially stable. These international organizations ensure that there is sustainable economic growth, poverty reduction, monitoring the rate of inflation, a reduction in the rate of unemployment.
The United Nations (UN) is an international body made up of 193 member states. It ensures that there is political stability in different parts of the world (Richmond, 2004). When there is political instability, there would be no suitable environment for businesses to thrive. The international business potential of such a country would be low. The UN restores peace in war tone countries so as to ensure that normal activities are restored in such countries.
The country selected for the course project is Rwanda in the Africa continent. The country is selected because according to the reports published in the World Bank, IMF and UN websites, the country has great international business potential. There is also political stability in the country. The country has well developed human resources. The country also boasts of smooth business and marketing operations. All these considerations justify the reason why the country is selected for the course project. The two back-up countries which have similar characteristics to that of Rwanda include India and Japan. These countries have good recommendations when risk is assessed for the potential of business investments to thrive.
Conclusion
There are various factors that determine whether a country is a suitable destination for business and investment opportunities. As indicated above, there are various international bodies which ensure that countries are suitable for different investment opportunities. When all underlying factors are okay, then a country’s ratings in terms of potential for international business becomes high.
Reference
Richmond, O. P. (2004). UN peace operations and the dilemmas of the peace building consensus International Peacekeeping, 11(1), 83-101
Woods, N. (2006). The globalizers: the IMF, the World Bank, and their borrowers. Cornell University Press
For the course project, you will select a country of interest (Rwanda) and assess the international business potential of that country and compare its characteristics to the characteristics of the United States. You will write a paper based on your research over the course of next 5 weeks. Include the following sections in the paper:
· Executive summary
· Macroeconomic condition
· Political and cultural environment
· Operations, Marketing, and Human Resource considerations
· Overall recommendations and risk assessment for making business investments into this country
The following organizations gather and publish data relevant to your course project. Use these resources for research.
·
United Nations
·
World Bank
·
International Monetary Fund
·
European Union
·
Asian Development Bank
·
Central Intelligence Agency
·
Trade Information Center
·
Japanese External Trade Organization
·
Lexis-Nexis
·
Ernst & Young
·
International Trade Centre
·
Dow Jones
·
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