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The global context

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Question 8

Stimulus Material

The rapid industrialisation of emerging economies, such as Indonesia and Poland, has significantly altered global trade patterns and direct investment flows. Low-cost Polish modular building and structural fabrication firms have increasingly captured market share from established UK-based construction and manufacturing companies. Conversely, Indonesian green-energy conglomerates have expanded into the UK's renewable technology and infrastructure sectors, investing £15 billion in offshore wind projects and supporting over 50,000 jobs by 2024.

Evaluate whether the rapid industrialisation of emerging economies benefits the UK economy.

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The global context Questions

  1. A Level
  2. /Economics
  3. /The global context