Global economy

This module explains what global economy is, describes global production chains patterns and how and who is making the rules

Did you know that …

… 75 percent of all hand sewn footballs come from one single city in the north-east of Pakistan named Sialkot?
… 36 mobile phones are produced per second?
… besides fossil oil the largest product for international sale worldwide is coffee?
… 15.000 litres of water are necessary to produce 1 kg of beef, 130 litres of water for 1 kg of carrots?
… more than 60 raw materials are necessary for the production of one mobile phone and that on European average we are using our mobile phones for 18 months?
… the salary of a seamstress working in textile factories in Bangladesh is 40 Euros per month, in other words, that she earns 1% of the final selling price per jeans?
… one third of the cacao crop worldwide is coming from the Cote d’Ivoire (Ivory Coast)?
… Exxon Mobil is largest company in the world in terms of profit and that it made the second highest profit in the year 2012 which a business enterprise has ever made in history?
… Bananas have been available to buy in Europe for only 100 years?
… for an African farmer the price for conventional fertilizer is twice to six times higher than the world market price?