In the by the , analysts said that the number of globally rose by four million last year and is by over five million people this year to reach 203 million. This is primarily blamed on the slow labor market for youth, and as the number of jobseekers is growing, so will the number of unemployed.
globalEDGE Blog - Page 203
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The traditional model for young start-ups has been to establish a foothold in the United States for a couple years, before branching out to Europe and Asia. These traditional models are out of date and only constrict your company's growth potential.
The United States used to be worth twice as much as Europe and three times that of Asia. Times have changed though; the world is becoming one market, a global market. The language of this global market is currency, which can take on multiple forms, but it's uniting all. If you aren't doing business in Europe and Asia, that's 2/3's of your potential revenue streams you are missing out on.
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2013 might just be the year emerging markets have been anticipating. Throughout the past year, investors have been pouring money into emerging markets in developing countries. There are other factors that point to success for emerging markets, but are they enough to boost the small businesses to profits and prosperity?
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The lackluster global economy is now going on its fifth year and new information suggests that it is still a series of ebbs and flows. Economists’ predictions about the ’ fourth quarter growth was off by over a percent and the U.S. experienced a contraction of the economy for the first time in a few years. , not the kind of news a recovering economy wants.
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It is no secret that America tops the . In fact, it is one of the largest stereotypes facing the people of the . Yet for the first time, competition has emerged from other nations like Mexico, New Zealand, and Chile and it may even be due to U.S. markets. Both fast food and drug markets are spreading globally, and consequently, so is obesity. With obesity, of course, come related health issues, especially diabetes, which is where the swoop in to save the day while churning out incredible profits.
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In an effort to quell the widespread problem of overproduction, is encouraging mergers in nine key industries: steel, cement, shipbuilding, autos, aluminum, electronics, pharmaceuticals, industrialized agriculture, and rare earths. Chinese officials are confident that these mergers will increase economies of scale and limit brutal price wars. Government officials are also hopeful that will result in larger companies that will emerge as titans of international trade.
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While economists have many different ways of observing trade trends (think about looking at GDP changes), one of the best ways is to isolate a specific area and observe that to gain a good picture of it. One such area is the Port of Los Angeles and the clues that it provides about American international trade as a whole.
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While the majority of European countries are experiencing the “nightmare” debt crisis, Germany is actually in an optimistic mood and is pleasant about its extraordinary trade surplus. Although was hit hard initially by the global financial crisis, its exports helped the country's economy recover the by , the lowest level seen in 20 years. Its fast economy rebound left the rest of the European world in envy, and therefore triggered an argument on its role in the .
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In recent years, the has done very well, especially in the South American countries. China is now the main market for most of the exports for Latin American countries, along with being a big source of imports as well. There has been much greater investment in Latin America by Chinese companies such as mining in Argentina, Brazil and Peru, manufacturing in Brazil and Uruguay, and tourism in the Bahamas. With all of these influences from China taking place, there have been some major imbalances of different kinds.
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After reading the globalEDGE blog series on Latin America, you should now have a good understanding of the various trends in Latin America that are affecting the international business world. We looked at many topics this week including Latin America’s growing middle class and the regulatory environment of the region. To help further your knowledge of Latin America, globalEDGE offers several resources specifically regarding the growing market of Latin America. We will now take a look at some of these useful Latin American resources!