Globalization - Sample Assignment

Added on - 24 Apr 2021

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Running Head: GlobalizationGlobalization
Globalization1Table of ContentsIntroduction......................................................................................................................................2Political economy in Estonia...........................................................................................................2Political........................................................................................................................................2Economic.....................................................................................................................................4Legal and interdependence...........................................................................................................6Types of Risks..............................................................................................................................6Conclusion.......................................................................................................................................7References........................................................................................................................................8
Globalization2IntroductionThe Republic of Estonia is a sovereign state situated in Northern Europe. Gulf of Finland andFinland are neighbour countries for Estonia. Apart from these two countries, Baltic Sea, Latvia,and Russia also share their borders with Estonia. It is a developed country and in 2011, it wasranked on top position in terms of fastest growing economy across Europe. Along with this,Estonia stands on very high position in Human Development Index of United Nations. Estoniaalso contributes towards civil liberties, economic freedom and press freedom. In terms ofpolitical economy, Estonia ranks as the high-income economy across Europe in terms of WorldBank (World Bank, 2018). According to International Monetary Fund, per capita of Estonia in2016 was $29,312. Euro is the official currency for Estonia since January, 2011. Foreign DirectInvestment plays crucial role in the success and growth of Estonia. FDI inflows are high forEstonia and this is the major factor through which country is maintaining the same rate ofeconomic development and expansion (Taagepera, 2018).The report will include certain measures in relation with the country’s economic conditions.Along with this, political economy in relation with the factors such as legal, political, economicand interdependence will be discussed. The last part of the report will focus over sundry risksfaced by the country in relation with Foreign Direct Investment.Political economy in EstoniaPoliticalRate of Foreign Direct Investment in Estonia is high in relation with other European countriesand the same is required to be maintained in order to keep on growing economically. In 2015,
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