Mathematics and economy

[wack slacker]

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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[jackg]

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.

[fiulpro]

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.

[HeRetiK]

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.

[YOSHIE]

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.

[BIT-BENDER]

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

[ololajulo]

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.

[hugeblack]

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.

[ShowOff]

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.

[Broly46]

Nothing to do with mathematics. Company move to cheaper country, for manufacturing precise high tech components.

[Findingnemo]

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.

[samcrypto]

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.

[Darker45]

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

And all because some of their students are winning in math olympics? I don't know where you get this far-fetched idea but it seems a little ridiculous to me. But you may have the hard unequivocal data that would support this, right? If you please present them here and expound on it a little bit.

I cannot imagine a huge multi-billion international company board meeting discussing about how many students won in the most recent math olympics, their nationalities and where they came from, and eventually deciding to move their manufacturing in those countries simply because of that.

[Lorence.xD]

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

And all because some of their students are winning in math olympics? I don't know where you get this far-fetched idea but it seems a little ridiculous to me. But you may have the hard unequivocal data that would support this, right? If you please present them here and expound on it a little bit.

I cannot imagine a huge multi-billion international company board meeting discussing about how many students won in the most recent math olympics, their nationalities and where they came from, and eventually deciding to move their manufacturing in those countries simply because of that.

That is what I am thinking of too, there are no data to support his claim. Maybe OP can put it up when he/she sees it. I have theory on what OP meant, the more people that are inclined on the STEM in a country is, more companies will favor them because they offer more workforce that is in relation to development. A little psychology will demonstrate my point, if my workers are smart and that means that my company will have an increased chance in pioneering a new technology or making an advance iteration of what is currently available in the market. The chances will be low but I don't think letting the oppurtunity pass by is the rational thing to do.

[Blackrain13]

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.

I don't think that Math is the basis of investors to invest. And going to join math Olympic is supported and bugeted by the government because it was an international event that represent every country. Also investors is more after the knowledge about modern technology. Samsung maybe moving to a countries with lower labor fee to minimize their expenses in the production of their products.

[imstillthebest]

I don't think that Math is the basis of investors to invest. And going to join math Olympic is supported and bugeted by the government because it was an international event that represent every country. Also investors is more after the knowledge about modern technology. Samsung maybe moving to a countries with lower labor fee to minimize their expenses in the production of their products.

they invest on those knowledge of this people because they know that those wizards are going to achieve more in thier life with the skills and talent they have . math is the hardest subject in my opinion and computer coding can be related to math . with that thinking they have , they can also fit in other more easier fields but i dont think those geniuse people will accept minimum fee or salary if negotiate for working on the said companies  . they are extra ordinary so the pay should be extra ordinary as well

[Kong Hey Pakboy]

I don't think that Math is the basis of investors to invest. And going to join math Olympic is supported and bugeted by the government because it was an international event that represent every country. Also investors is more after the knowledge about modern technology. Samsung maybe moving to a countries with lower labor fee to minimize their expenses in the production of their products.

they invest on those knowledge of this people because they know that those wizards are going to achieve more in thier life with the skills and talent they have . math is the hardest subject in my opinion and computer coding can be related to math . with that thinking they have , they can also fit in other more easier fields but i dont think those geniuse people will accept minimum fee or salary if negotiate for working on the said companies  . they are extra ordinary so the pay should be extra ordinary as well

I also think they truly invest in those who have the knowledge and allow them to achieve their goals in life because they could also use their ability to work on their companies. Samsung, Apple, and other tech companies might be moving from South East Asia countries like Vietnam and Malaysia because they could minimize their expenses in producing their products that materials in those counties are cheap.

[Salauddin1994]

It is not necessary to have a good grasp of all the subjects to prepare before studying in economics when i read the most useful knowledge of mathematics and economics since almost all good books on economics are written in english things can be easily mastered if you are fluent in english. And since there are so many uses for statistics and numbers in economics the foundation of numbers needs to be solid not that it has to be very good if you don't have a good idea about math investing will be a problem this requires adequate calculation.

[abhiseshakana]

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.

Perhaps the OP is trying to draw the conclusion that education growth affects economic growth. Education relevant to technological advances drives the acceleration of development, and mathematics is considered the basis of technology and describes the level of intelligence.

In many countries, the government's attention to the development of the education sector is very large, seen from the political commitment of the education sector budget that is not inferior to other sectors, so that the success of education investment is correlated with progress in macro development. The main function of educational institutions in relation to economic life is to prepare young people to fill productive employment as human capital investment and become a "leading sector".

Nowadays, the development paradigm which refers to a knowledge-based economy seems to be increasingly dominant. Economic progress rests on the support base of science and technology. The causal relationship between education and economic progress is becoming increasingly strong and solid so that education becomes the main driving force for the dynamics of economic development, driving a long-term structural transformation process.

Smart measure is not just being able to solve academic problems on paper. Smart students are those who are able to apply various learning theories, especially mathematics, as a method for solving everyday problems. But in the relationship between two countries, mathematics is used to calculate the profit and loss in diplomacy, not as standardization of assessment.

[sunsilk]

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.

It is about the consistency and the government policies for that country. If the companies who are looking to invest their manufacturing or any sector that they are operating with agrees to the policy of that specific country, they're likely to invest on it.

One conflict is the government policy which is subjective and not favorable to those companies and that's why some companies are not pursuing to invest to those countries if they see a barrier for their business. Those achievements in competitions, sporting events or any reowned recreational activity also helps.