In response to decreasing domestic demand, small-to-midsize businesses in Europe are . However, many of these enterprises are finding it difficult to be globally competitive because of high labor, transport, and real estate costs. Many of these businesses produce equipment used in construction and high costs of production have led to unaffordable prices. To be successful, these companies need to find new export countries and increase their competitiveness.
globalEDGE Blog - Page 228
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With 4,000 active , Israel has more such firms than any country outside of the . With a population of nearly eight million people, has higher levels of start-ups, engineers, and venture capital investment per capita than any other nation. High tech products make up almost half of Israel’s annual exports. While this may appear surprising at first, a variety of factors can be attributed to Israel’s maturation from an agricultural state to a hub in recent years.
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Skiing in probably sounds like an oxymoron to most people. With its warm climate and lack of snow, Barcelona is not normally on avid skiers’ top lists of destinations, but that all could soon change once an
The concept of an indoor skiing facility may be foreign to some, but there are actually a lot of facilities like this that already exist. There are several in Europe – mostly in areas with cooler climates, some in Asia, and others scattered across the world. The indoor skiing facility in is the most relevant to Barcelona because it is also in a very warm climate. The facility has had to take extra care by making walls several feet deep and heavily insulated to keep the inside cold enough for ideal skiing conditions, exactly what the facility in Barcelona will need to emulate.
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The (ASEAN) recently endorsed to become the leader of the regional trade bloc beginning in 2014. This is a major milestone for the country, revitalized by a new civilian government that assumed power from a militaristic rule early in 2011. Economic growth in the nation has suffered in the past, due to inefficient government policies, corruption, and wide-spread poverty. However, since the new government came into power, there have been numerous in order to promote economic growth within Burma.
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With the 2014 World Cup and the 2016 Summer Olympics both being held in , this large South American country is to further advance its economy. Currently, Brazil’s tourism industry is not featured in the global top ten with only five million overseas visitors this past year. There are numerous reasons why Brazil remains a relatively untapped tourist destination but perhaps one of the biggest reasons is the perception of high crime levels. However, with the two major international events around the corner Brazil is looking correct to this problem in order to double the number of people visiting the country and expand its tourism industry.
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For centuries, Dubai has served as a key crossroads for global trade. The convenient location of the between Europe, Asia, and Africa has positioned this growing city to serve as a major logistical intermediary between many foreign markets. With the development of emerging markets such as and , there is a growing opportunity for Dubai to expand its logistical dominance in the modern world economy. The construction of Al Maktoum International Airport, which will become the in the world, signifies Dubai’s commitment to this growth strategy.
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Recently, many governments have slowed their momentum as far as environmental regulations policy creation efforts are concerned. This means that it is up to major corporations around the world to be more proactive about going green. One motivation is to be recognized by businesses and consumers as a environmentally friendly company. Newsweek annually ranks global companies and recently released their . They take into account “actual environmental footprints, management (policies, programs, initiatives, controversies), and reporting practices of each big company.” Using these hard facts and ignoring the publicity and public relations efforts companies may have made gives the most accurate picture of how firms are actually doing environmentally.
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Over a decade of recurrent high energy prices has prompted Kenya to look beyond traditional energy sources. The traditional energy supply line in Kenya is unstable and has been for many years, which has caused consistently high prices that will unlikely subside. are emerging and have been largely successful thus far because of the increasing demand for alternative energy sources.
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With Turkey’s location serving as a natural bridge between Asia and Europe, it’s no surprise that Turkey plays an important role in international trade. In fact, this is one of the key reasons why is having major impacts on the region and international business. However, this is not the only reason why in today’s business world. The emergence of Turkey has been a positive development for a number of reasons and Turkey is looking to capitalize on this success by striving for continued economic growth.
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When world economies develop, massive urbanization soon follows. As of 2008, there are now more people living in cities than rural areas around the world. Countries currently experiencing significant urban growth have an opportunity to learn from developed nations that have experienced similar trends in the past. With access to modern technology, cities can develop in smarter ways than ever before. Rio de Janeiro, Brazil, and foresight to establish a new standard for urban development that other regions are likely to follow.