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Topic: Mathematics and economy - page 4. (Read 870 times)

sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 30, 2020, 09:27:39 PM
#12
The trade war between USA and CHINA are getting worst and USA is making pressure for the US companies to stay away the economic zone of China and I don't know how this thing can affect the economy of China and how the prices of these products move.

Honestly, I don't know how to connect the Math wizard with regards to economy and building businesses into that country, all I know is that Bigger countries are leaving China and this is a clear result of the Trade war. If we say that the most winning Beauty pageant title in Asia is the Philippines, then businesses have to grow on that country which I think should not be connected on how the economy works, this is just my opinion anyway.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
September 30, 2020, 08:30:45 PM
#11
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.

A country with good source of young generation talented people can bring the economy up but this only not enough because they need to have a leader who appreciate and help the country to be in better position because they have all the resources to become one.

Companies are moving to the countries you mentioned just because the cold war between China and USA because these are alternative countries where they can find work force for lower wages.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
September 30, 2020, 04:49:15 PM
#10
Nothing to do with mathematics. Company move to cheaper country, for manufacturing precise high tech components.
legendary
Activity: 2618
Merit: 1181
September 30, 2020, 02:26:11 PM
#9
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
I don't know what economics has to do with the many student who have won the math Olympics in term of investing. Investor want a return on what they invest and I think Vietnam is a country experiencing economic growth and this could be a factor for companies moving there. The minimum wage paid to worker between China and Vietnam also played an important role in the company's move to Vietnam. For developed countries, each company must pay a high minimum wage to worker and is different from the salary received by workers in developing countries such as Vietnam.
legendary
Activity: 2702
Merit: 4002
September 30, 2020, 02:12:04 PM
#8
Do you have any evidence of the relationship between the countries that won high prizes in Olympic mathematics and increased investment in them? Many countries are looking for talents in the form of grants and loans, and companies are looking for good labor with cheap costs and lower complaints in order to obtain cheap products that are able to compete globally.

With COVID-19 and the increase in unemployment, many companies will employ citizens from first world countries, even if it costs them to pay more.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
September 30, 2020, 01:43:45 PM
#7
The presence of samsung, iphone etc had improve the technology of phones in china. China now had the highest traded phone in world even with all the reaction on USA to reduce the adoption all over the world. They also produce more phone models with high ends that can compete with iphone etc around the world. Moving the vietnam and other Asian countries may not bring the solution they expect, more competing companies will come from the migration that will affect the income of workers in the long term.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
September 30, 2020, 01:34:56 PM
#6
Trends or what trending get more interest than any mathematics competition will get, and if this trend is profitable then investors will invest.
I would use a popular reality TV show in my country and a big mathematics competition, both which are televized live mentioning their names is of less importance to what am illustrating,
The reality TV show is one of the most watched program while many don't even know the mathematics competition show exist and more sponsorship are going to the former because its what's trending.

Economy is more that just mathematic, its everything that's can profit it
+tourism
+human resources
+nature gifted resources
And many more
legendary
Activity: 2128
Merit: 1775
September 30, 2020, 01:09:44 PM
#5
Samsung is moving its factories from China to Vietnam.
which one actually wants to know and ask the members here.
Olympics or Samsung.

What is the relationship between the Olympics and Samsung, I am confused about your topic.
You mix electronics with students.

I have a reason for your question about the Samsung factory moving to Vietnam, the most powerful reason they moved is because the import tariffs imposed by the United States are too high, almost 25%, they believe this is burdensome for one party, higher than companies that invest if it cannot be avoided.

Another factor is the current market competition with brands (Huawei, Xiaomi). Market conditions have fallen sharply in sales and profits, what I have explained above is an open secret.

Samsung is no longer available in Beijing / China for now, competition and policy.
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
September 30, 2020, 01:09:01 PM
#4
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.

...I don't think any investor cares about how countries fair in the Math Olympics. Honestly I doubt investors even care much about a country's education system.


Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.

China's workforce has become more expensive due to their economy catching up big time, so moving production out of China is probably due to labor being cheaper in South East Asia. Worries about industrial espionage are likely also a factor.
hero member
Activity: 1890
Merit: 831
September 30, 2020, 01:07:43 PM
#3
Very simple : this doesn't happen
What happens is:
The people usually are paid more in a rich developed country and therefore they usually go there for jobs and gets settled. At the same time it's not just one or two people but rather, the experts , the people who the government invested so much into for the education and well-being. But at the same time if they don't do it their talents remains unrecognized.

At the same time the big companies not only invest because of the brains but actually because of the low minimum wage that they would have to give to the workers, it's all about profits!

Plus am not really sure about the maths part but yes it works for Asia, most people are intellectual back here.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
September 30, 2020, 11:38:17 AM
#2
The maths Olympics is international!?

It probably depends on what they're doing also because maths and analytics skills don't go hand in hand nowadays with software development and similar (I don't remember what the tests were on).

Also China is at the 20th century US kinda phase, they might be seeing less outputs in items (factories moving to neighbouring countries) but a similar amount of cash flow due to an increase in value of smaller numbers of items exported.
full member
Activity: 966
Merit: 102
September 30, 2020, 11:24:03 AM
#1
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
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