St. Lucia faces a large and growing trade deficit as merchandise imports far exceed exports. While services exports help, they are not enough to offset the merchandise trade imbalance. St. Lucia's exports are overly concentrated in a few markets and products like bananas, fresh papayas, and manufactured goods. The trade deficit presents challenges for debt and economic growth, highlighting the need to promote new and diversified export opportunities.
Vivek Tulpule Analyst Roundtable April 2010Rio Tinto plc
- The document is a presentation by Rio Tinto's chief economist from April 2010 discussing global economic trends and outlooks, with a focus on China.
- It notes that consensus projections show global growth accelerating in 2010, led by developing economies like China, after contracting in 2009.
- Data on China's economy in 2008-2010 shows strong rebounds in industrial production, exports, and retail sales after the financial crisis, supported by fiscal stimulus and abundant liquidity.
- Traffic grew 4.1% in 3Q17 compared to 3Q16. Adjusted EBITDA on a same-basis grew 5.7% with margins of 63.8% (+0.6 p.p.). Net income on a same-basis grew 63.1%.
- Cash costs were up 2.0% on a same-basis to R$731 million due to inflation adjustments. Adjusted EBITDA was up 5% on a same-basis to R$1.28 billion.
- Gross debt was R$14.7 billion, with net debt/EBITDA of 2.2x. The company raised R$1.295 billion in new debt in 3
In the decade 1999-2009, Jordan experienced an impressive growth acceleration, tripling its exports and increasing income per capita by 38%. Since then, a number of external shocks that include the Global Financial Crisis (2008-2009), the Arab Spring (2011), the Syrian Civil War (2011), and the emergence of the Islamic State (2014) have affected Jordan in significant ways and thrown its economy out of balance. Jordan’s debt-to-GDP ratio has ballooned from 55% (2009) to 94% (2018). The economy has continued to grow amidst massive fiscal adjustment and balance of payments constraints, but the large increase in population – by 50% between 2008 and 2017 – driven by massive waves of refugees has resulted in a 12% cumulative loss in income per capita (2010-2017). Moving forward, debt sustainability will require not only continued fiscal consolidation but also faster growth and international support to keep interest payments on the debt contained. We have developed an innovative framework to align Jordan’s growth strategy with its changing factor endowments. The framework incorporates service industries into an Economic Complexity analysis, utilizing the Dun and Bradstreet database, together with an evaluation of the evolution of Jordan’s comparative advantages over time. Combining several tools to identify critical constraints faced by sectors with the greatest potential, we have produced a roadmap with key elements of a strategy for Jordan to return to faster, more sustainable and more inclusive growth that is consistent with its emerging comparative advantages.
This document discusses the impact of Brexit on markets and risks. It shows that while investors were prepared for weakness in the British pound, the key question is whether they will maintain their UK asset holdings. European systemic risk spiked following Brexit, showing markets have become more fragile. Data so far shows investors are not becoming broadly more risk averse in response to Brexit, pointing to "no panic" for now. The document warns that uncertainty from Brexit could lead to a UK recession and discusses potential contagion risks to other European countries.
Antigua and Barbuda has experienced a severe contraction in merchandise exports over the past decade while imports have expanded dramatically, leading to a rapidly growing trade deficit. Exports are highly concentrated in a few goods like ships and aircraft while imports rely heavily on fuels and come predominantly from China, Singapore, and the US. The country also runs a surplus in trade in commercial services, driven mainly by tourism, but remains reliant on foreign markets with few regional trade partners.
The Central Maine Growth Council has established Central Maine as a logistics hub between North America and Europe by securing designation for Foreign Trade Zone #186. This allows companies located in the zone to save millions in tariffs and duties, which can then be reinvested in jobs and expansion. The region is strategically located on major shipping lanes with access to ports. Recent events have highlighted growing opportunities to connect Central Maine businesses to international markets and attract foreign direct investment. Reorganizing the zone as an Alternative Site Framework expands its geographic scope and streamlines the application process for new members.
St. Lucia faces a large and growing trade deficit as merchandise imports far exceed exports. While services exports help, they are not enough to offset the merchandise trade imbalance. St. Lucia's exports are overly concentrated in a few markets and products like bananas, fresh papayas, and manufactured goods. The trade deficit presents challenges for debt and economic growth, highlighting the need to promote new and diversified export opportunities.
Vivek Tulpule Analyst Roundtable April 2010Rio Tinto plc
- The document is a presentation by Rio Tinto's chief economist from April 2010 discussing global economic trends and outlooks, with a focus on China.
- It notes that consensus projections show global growth accelerating in 2010, led by developing economies like China, after contracting in 2009.
- Data on China's economy in 2008-2010 shows strong rebounds in industrial production, exports, and retail sales after the financial crisis, supported by fiscal stimulus and abundant liquidity.
- Traffic grew 4.1% in 3Q17 compared to 3Q16. Adjusted EBITDA on a same-basis grew 5.7% with margins of 63.8% (+0.6 p.p.). Net income on a same-basis grew 63.1%.
- Cash costs were up 2.0% on a same-basis to R$731 million due to inflation adjustments. Adjusted EBITDA was up 5% on a same-basis to R$1.28 billion.
- Gross debt was R$14.7 billion, with net debt/EBITDA of 2.2x. The company raised R$1.295 billion in new debt in 3
In the decade 1999-2009, Jordan experienced an impressive growth acceleration, tripling its exports and increasing income per capita by 38%. Since then, a number of external shocks that include the Global Financial Crisis (2008-2009), the Arab Spring (2011), the Syrian Civil War (2011), and the emergence of the Islamic State (2014) have affected Jordan in significant ways and thrown its economy out of balance. Jordan’s debt-to-GDP ratio has ballooned from 55% (2009) to 94% (2018). The economy has continued to grow amidst massive fiscal adjustment and balance of payments constraints, but the large increase in population – by 50% between 2008 and 2017 – driven by massive waves of refugees has resulted in a 12% cumulative loss in income per capita (2010-2017). Moving forward, debt sustainability will require not only continued fiscal consolidation but also faster growth and international support to keep interest payments on the debt contained. We have developed an innovative framework to align Jordan’s growth strategy with its changing factor endowments. The framework incorporates service industries into an Economic Complexity analysis, utilizing the Dun and Bradstreet database, together with an evaluation of the evolution of Jordan’s comparative advantages over time. Combining several tools to identify critical constraints faced by sectors with the greatest potential, we have produced a roadmap with key elements of a strategy for Jordan to return to faster, more sustainable and more inclusive growth that is consistent with its emerging comparative advantages.
This document discusses the impact of Brexit on markets and risks. It shows that while investors were prepared for weakness in the British pound, the key question is whether they will maintain their UK asset holdings. European systemic risk spiked following Brexit, showing markets have become more fragile. Data so far shows investors are not becoming broadly more risk averse in response to Brexit, pointing to "no panic" for now. The document warns that uncertainty from Brexit could lead to a UK recession and discusses potential contagion risks to other European countries.
Antigua and Barbuda has experienced a severe contraction in merchandise exports over the past decade while imports have expanded dramatically, leading to a rapidly growing trade deficit. Exports are highly concentrated in a few goods like ships and aircraft while imports rely heavily on fuels and come predominantly from China, Singapore, and the US. The country also runs a surplus in trade in commercial services, driven mainly by tourism, but remains reliant on foreign markets with few regional trade partners.
The Central Maine Growth Council has established Central Maine as a logistics hub between North America and Europe by securing designation for Foreign Trade Zone #186. This allows companies located in the zone to save millions in tariffs and duties, which can then be reinvested in jobs and expansion. The region is strategically located on major shipping lanes with access to ports. Recent events have highlighted growing opportunities to connect Central Maine businesses to international markets and attract foreign direct investment. Reorganizing the zone as an Alternative Site Framework expands its geographic scope and streamlines the application process for new members.
Venezuela's economy is heavily dependent on oil exports, which have declined significantly due to falling oil prices. This will lead to a large deficit in the country's balance of payments. The government has devalued the currency in the parallel market but not officially, and has restricted dollars at the official rate to try to manage imports and finances. However, with lower oil revenues, it will be difficult for the government to continue funding social programs and employment as it has in the past. The economic outlook for Venezuela is challenging without a recovery in oil prices.
The document discusses the potential economic impacts of Brexit on the UK and global economy. It finds that:
1) Brexit caused immediate shocks in global stock markets and currency fluctuations, but the shock was relatively small compared to past crises.
2) The UK economy is expected to experience reduced growth over the near and long term due to factors such as lower foreign investment, a weaker pound, and reduced migration.
3) The Brexit negotiations process could extend economic uncertainty for two years or more as the UK works to establish new trade agreements with the EU.
This document summarizes a presentation on managing fiscal revenues from commodities in Latin America. It notes that commodity revenues have significantly impacted fiscal developments and macroeconomic volatility in the region. While revenues have increased, Latin America may not be saving enough of the windfall revenues. The presentation discusses how countries can better save revenue windfalls through fiscal rules and sovereign wealth funds, with the goals of fiscal sustainability, macroeconomic stabilization, and long-term development. International examples are provided on approaches to determining how much to save and how to allocate saved revenues.
Charla de Alicia García-Herrero en la 10ª sesión del Observatorio EOI de Economía Global.
Alicia García-Herrero es Economista Jefe para Asia Pacífico en Natixis, basada en Hong Kong, así como investigadora en dos think-tanks europeos (BRUEGEL basado en Bruselas y Real Instituto el Cano basado en Madrid).
Venezuela Macroeconomic Outlook: A summary on the main statistics of the Venezuelan economy, the Hugo Chavez poignant legacy, and the root of the massive protests taking place in Venezuela right now
The Caribbean Community Secretariat is seeking to fill the position of Technical Advisor in Investment and Private Sector. The position is based in Barbados and requires a candidate with at least a Master's degree and 5 years experience in investment promotion, business development, or related trade matters. Key responsibilities include providing technical support and advice on investment, serving as a liaison to private sector stakeholders, conducting research and analysis, and representing CARICOM at various meetings. The position offers an attractive remuneration package including education grants for dependents and relocation assistance.
Two convicted tax fraudsters, Syed Ahmed and Shakeel Ahmad, must repay £92.3m to HMRC, the largest confiscation order ever secured by the agency. They were part of a 21-person gang that stole £37.5m through a complex VAT fraud scheme involving computer parts. If they do not repay the full amount within two months, they will face an additional 10 years in prison on top of their current 7-year sentences. HMRC pursued this case aggressively to recover stolen funds and deter similar fraud schemes.
- CARICOM exporters benefit from various trade agreements that provide duty reductions or relief for exports to markets like North America, the EU, and some Latin American and Caribbean countries. However, agreements with countries like Costa Rica and Cuba have not yet been implemented.
- In 2006, CARICOM merchandise exports totaled US$19.1 billion, with the top exports being liquefied natural gas, aluminum oxide, crude petroleum oils, and anhydrous ammonia. The main export markets were the US, UK, Canada, France, and Germany.
- Between 2002-2006, CARICOM gained export market share in countries like China, Poland, Brazil, and India. However, there are no agreements with many
The document discusses the implications of trade agreements for agriculture in the Caribbean region. It notes the region's limited agricultural exports which mainly consist of primary products. It also discusses opportunities for agricultural growth through preferential market access, high value niche markets, and cooperation at the regional level. The document analyzes existing trade arrangements and concerns regarding market access and the effects of liberalization on domestic agriculture.
This document provides a recipe for a traditional Portuguese Easter cake called "folar". The ingredients include milk, sugar, butter, eggs, wheat flour, yeast, and lemon zest. The recipe instructs to leaven the yeast in warm milk, then mix the dry ingredients and butter before adding the eggs to form dough. The dough is shaped into rolls that are furled and joined together with a hard boiled egg in the center. It bakes for 35 minutes at 180°C and is topped with icing sugar.
Dos hombres enfermos compartían una habitación de hospital. Uno podía sentarse junto a la única ventana para ayudar a drenar sus pulmones. El otro tenía que permanecer acostado. Cada tarde, el hombre de la ventana describía al otro todo lo que veía, lo que alegraba a su compañero. Después de semanas, el hombre de la ventana falleció. Cuando el otro hombre se mudó a la cama junto a la ventana, descubrió que daba a una pared blanca. La enfermera reveló que el difunto era c
The study Assessment of the Agri-Food Distribution Industry in CARICOM presents new information on the Caribbean agri-food distribution services industry and agri-food markets, such as consumer trends and economic contribution, and provides an analysis of the sector relative to international trends and performance benchmarks. The study outlines the opportunities and challenges of trade in agri-food distribution services as reported by a wide range of industry players and government officials. The study also examines key issues arising from the region's integration process and involvement in international trade negotiations and makes recommendations for domestic and trade policy measures to promote the development and global competitiveness of the sector.
The speaker knows their partner has an empty pocket and no boats or diamonds, yet their partner's heart will not fail in loving them. While most see the partner as lost or poor, the speaker sees how deeply their partner loves them despite the partner's quiet and hidden nature. The speaker wishes the world could experience the way their partner loves them.
Five Caribbean countries have been involved in investment disputes through the International Centre for Settlement of Investment Disputes (ICSID): Grenada (2 cases), Guyana (1), Jamaica (3), St. Kitts and Nevis (1), and Trinidad and Tobago (2). Most cases involved contractual disputes related to privatization deals, resource extraction agreements, or debt repayment following nationalization. Jamaica's three cases concerned new taxes imposed on bauxite mining companies in violation of agreements with "no further tax" clauses that provided for ICSID arbitration. The tribunals found the disputes fell within ICSID's jurisdiction despite Jamaica's attempt to withdraw consent through a late notification.
Pay Per Click (PPC) advertising allows advertisers to display ads when people search on search engines like Google. With PPC, advertisers only pay when someone clicks on their ad. This allows precise tracking of what keywords, ads, and pages are most effective at generating conversions like leads or sales. The presentation recommends starting with goals and relevant keywords, setting up campaigns with testing different ads and keywords, monitoring key metrics like click-through rate and cost per conversion, and continuously optimizing campaigns based on performance data from PPC.
El documento presenta varias ilusiones ópticas y efectos visuales que demuestran las capacidades asombrosas del cerebro humano para procesar información visual de manera rápida e intuitiva. A pesar de que las letras en las palabras no están en el orden correcto, el cerebro puede leer el texto con facilidad. También es capaz de distinguir figuras estáticas a pesar de que parecen moverse. Los niños pequeños no pueden ver la diferencia entre delfines y círculos debido a su falta de experiencia.
El documento describe varias situaciones en las que Dios puede estar detrás de eventos aparentemente casuales o soluciones inesperadas a problemas, como hacer algo bueno por alguien querido, sentir paz en medio de la tristeza, recibir algo maravilloso no pedido, encontrar una solución a un problema difícil, o sentir consuelo y esperanza cuando se está cansado de la vida. Insta al lector a dejar que Dios toque su corazón y compartir el inmenso amor de Dios con todos, ya sean amigos, familiares o descon
The document discusses strategic considerations for agribusiness development between CARICOM and Canada in their trade negotiations. It notes that the next round of negotiations is scheduled for the second half of 2010, and the agriculture sector could intensify its advocacy to ensure the negotiations represent their international business development needs. It provides an overview of agri-food trade between CARICOM and Canada, identifying sectors that have potential for increased trade such as rum, lobster, and papayas which currently face high tariffs in Canada.
Venezuela's economy is heavily dependent on oil exports, which have declined significantly due to falling oil prices. This will lead to a large deficit in the country's balance of payments. The government has devalued the currency in the parallel market but not officially, and has restricted dollars at the official rate to try to manage imports and finances. However, with lower oil revenues, it will be difficult for the government to continue funding social programs and employment as it has in the past. The economic outlook for Venezuela is challenging without a recovery in oil prices.
The document discusses the potential economic impacts of Brexit on the UK and global economy. It finds that:
1) Brexit caused immediate shocks in global stock markets and currency fluctuations, but the shock was relatively small compared to past crises.
2) The UK economy is expected to experience reduced growth over the near and long term due to factors such as lower foreign investment, a weaker pound, and reduced migration.
3) The Brexit negotiations process could extend economic uncertainty for two years or more as the UK works to establish new trade agreements with the EU.
This document summarizes a presentation on managing fiscal revenues from commodities in Latin America. It notes that commodity revenues have significantly impacted fiscal developments and macroeconomic volatility in the region. While revenues have increased, Latin America may not be saving enough of the windfall revenues. The presentation discusses how countries can better save revenue windfalls through fiscal rules and sovereign wealth funds, with the goals of fiscal sustainability, macroeconomic stabilization, and long-term development. International examples are provided on approaches to determining how much to save and how to allocate saved revenues.
Charla de Alicia García-Herrero en la 10ª sesión del Observatorio EOI de Economía Global.
Alicia García-Herrero es Economista Jefe para Asia Pacífico en Natixis, basada en Hong Kong, así como investigadora en dos think-tanks europeos (BRUEGEL basado en Bruselas y Real Instituto el Cano basado en Madrid).
Venezuela Macroeconomic Outlook: A summary on the main statistics of the Venezuelan economy, the Hugo Chavez poignant legacy, and the root of the massive protests taking place in Venezuela right now
The Caribbean Community Secretariat is seeking to fill the position of Technical Advisor in Investment and Private Sector. The position is based in Barbados and requires a candidate with at least a Master's degree and 5 years experience in investment promotion, business development, or related trade matters. Key responsibilities include providing technical support and advice on investment, serving as a liaison to private sector stakeholders, conducting research and analysis, and representing CARICOM at various meetings. The position offers an attractive remuneration package including education grants for dependents and relocation assistance.
Two convicted tax fraudsters, Syed Ahmed and Shakeel Ahmad, must repay £92.3m to HMRC, the largest confiscation order ever secured by the agency. They were part of a 21-person gang that stole £37.5m through a complex VAT fraud scheme involving computer parts. If they do not repay the full amount within two months, they will face an additional 10 years in prison on top of their current 7-year sentences. HMRC pursued this case aggressively to recover stolen funds and deter similar fraud schemes.
- CARICOM exporters benefit from various trade agreements that provide duty reductions or relief for exports to markets like North America, the EU, and some Latin American and Caribbean countries. However, agreements with countries like Costa Rica and Cuba have not yet been implemented.
- In 2006, CARICOM merchandise exports totaled US$19.1 billion, with the top exports being liquefied natural gas, aluminum oxide, crude petroleum oils, and anhydrous ammonia. The main export markets were the US, UK, Canada, France, and Germany.
- Between 2002-2006, CARICOM gained export market share in countries like China, Poland, Brazil, and India. However, there are no agreements with many
The document discusses the implications of trade agreements for agriculture in the Caribbean region. It notes the region's limited agricultural exports which mainly consist of primary products. It also discusses opportunities for agricultural growth through preferential market access, high value niche markets, and cooperation at the regional level. The document analyzes existing trade arrangements and concerns regarding market access and the effects of liberalization on domestic agriculture.
This document provides a recipe for a traditional Portuguese Easter cake called "folar". The ingredients include milk, sugar, butter, eggs, wheat flour, yeast, and lemon zest. The recipe instructs to leaven the yeast in warm milk, then mix the dry ingredients and butter before adding the eggs to form dough. The dough is shaped into rolls that are furled and joined together with a hard boiled egg in the center. It bakes for 35 minutes at 180°C and is topped with icing sugar.
Dos hombres enfermos compartían una habitación de hospital. Uno podía sentarse junto a la única ventana para ayudar a drenar sus pulmones. El otro tenía que permanecer acostado. Cada tarde, el hombre de la ventana describía al otro todo lo que veía, lo que alegraba a su compañero. Después de semanas, el hombre de la ventana falleció. Cuando el otro hombre se mudó a la cama junto a la ventana, descubrió que daba a una pared blanca. La enfermera reveló que el difunto era c
The study Assessment of the Agri-Food Distribution Industry in CARICOM presents new information on the Caribbean agri-food distribution services industry and agri-food markets, such as consumer trends and economic contribution, and provides an analysis of the sector relative to international trends and performance benchmarks. The study outlines the opportunities and challenges of trade in agri-food distribution services as reported by a wide range of industry players and government officials. The study also examines key issues arising from the region's integration process and involvement in international trade negotiations and makes recommendations for domestic and trade policy measures to promote the development and global competitiveness of the sector.
The speaker knows their partner has an empty pocket and no boats or diamonds, yet their partner's heart will not fail in loving them. While most see the partner as lost or poor, the speaker sees how deeply their partner loves them despite the partner's quiet and hidden nature. The speaker wishes the world could experience the way their partner loves them.
Five Caribbean countries have been involved in investment disputes through the International Centre for Settlement of Investment Disputes (ICSID): Grenada (2 cases), Guyana (1), Jamaica (3), St. Kitts and Nevis (1), and Trinidad and Tobago (2). Most cases involved contractual disputes related to privatization deals, resource extraction agreements, or debt repayment following nationalization. Jamaica's three cases concerned new taxes imposed on bauxite mining companies in violation of agreements with "no further tax" clauses that provided for ICSID arbitration. The tribunals found the disputes fell within ICSID's jurisdiction despite Jamaica's attempt to withdraw consent through a late notification.
Pay Per Click (PPC) advertising allows advertisers to display ads when people search on search engines like Google. With PPC, advertisers only pay when someone clicks on their ad. This allows precise tracking of what keywords, ads, and pages are most effective at generating conversions like leads or sales. The presentation recommends starting with goals and relevant keywords, setting up campaigns with testing different ads and keywords, monitoring key metrics like click-through rate and cost per conversion, and continuously optimizing campaigns based on performance data from PPC.
El documento presenta varias ilusiones ópticas y efectos visuales que demuestran las capacidades asombrosas del cerebro humano para procesar información visual de manera rápida e intuitiva. A pesar de que las letras en las palabras no están en el orden correcto, el cerebro puede leer el texto con facilidad. También es capaz de distinguir figuras estáticas a pesar de que parecen moverse. Los niños pequeños no pueden ver la diferencia entre delfines y círculos debido a su falta de experiencia.
El documento describe varias situaciones en las que Dios puede estar detrás de eventos aparentemente casuales o soluciones inesperadas a problemas, como hacer algo bueno por alguien querido, sentir paz en medio de la tristeza, recibir algo maravilloso no pedido, encontrar una solución a un problema difícil, o sentir consuelo y esperanza cuando se está cansado de la vida. Insta al lector a dejar que Dios toque su corazón y compartir el inmenso amor de Dios con todos, ya sean amigos, familiares o descon
The document discusses strategic considerations for agribusiness development between CARICOM and Canada in their trade negotiations. It notes that the next round of negotiations is scheduled for the second half of 2010, and the agriculture sector could intensify its advocacy to ensure the negotiations represent their international business development needs. It provides an overview of agri-food trade between CARICOM and Canada, identifying sectors that have potential for increased trade such as rum, lobster, and papayas which currently face high tariffs in Canada.
A empresa de tecnologia anunciou um novo smartphone com câmera avançada, bateria de longa duração e processador rápido. O aparelho também possui tela grande de alta resolução e armazenamento expandível. O lançamento do novo modelo ocorre em outubro com preço inicial sugerido abaixo dos principais concorrentes.
O documento resume Alexander Rodchenko, um artista russo e um dos fundadores do construtivismo. Resume sua biografia, técnicas e portfólio, que inclui fotografias, design gráfico e cartazes. O documento também fornece um resumo sobre o movimento construtivista e suas principais características.
The document provides an overview of investment opportunities in Guyana. It summarizes that Guyana has abundant natural resources and is pursuing economic reforms to improve its investment climate. The document outlines several key sectors that present opportunities for investors, including agriculture and agro-processing, seafood and aquaculture, forest products, manufacturing, tourism, IT services, mining, and energy. It provides examples of specific investment opportunities within each of these sectors and notes the country's advantages for foreign investment, such as its location, market access, resources, and business-friendly policies.
The document provides information on investment opportunities in Jamaica, including both government and private projects. Some key points:
- The Caymanas ICT Park project involves developing 40 acres in the Caymanas Economic Zone into an integrated technology park with 1.2 million square feet of production space hosting up to 21,000 jobs.
- The Naggo Head ICT Park in Portmore aims to develop a technology hub to attract ICT and BPO companies, leveraging the large, educated workforce in the area.
- Various tourism and real estate development projects across Jamaica seek investment, such as resort developments in Negril, Laughlands, and Mosquito Cove.
- Divestment
St. Lucia faces a large and growing trade deficit as merchandise imports far exceed exports. While services exports help, they are not enough to overcome the merchandise trade imbalance. St. Lucia's exports are overly concentrated in a few markets and products like bananas, fresh papayas, and manufactured goods. The trade deficit presents challenges for debt and economic growth, highlighting the need to promote new and diverse export opportunities.
This document provides an overview of economic relations between India and St. Vincent & the Grenadines. It notes that India has donated medicines and agreed to set up an ICT center in St. Vincent & the Grenadines. Bilateral trade between the two countries is small, with India importing ships from St. Vincent and exporting pharmaceuticals. Potential areas for investment include hospitality, pharmaceuticals, food processing, and solar/wind power. The Indian diaspora population in St. Vincent is around 3,000 people with Indian heritage.
The document provides an overview of the Australian economy, including its strong performance over the past decade driven by demand for commodities and ties with China. It notes that Australia has a stable, prosperous and competitive economy that has attracted global business, though it will need to adapt to challenges around demographic shifts, climate change and global economic changes.
Ferrovial reported strong performance across most business lines in 2015. Revenues increased 11% in Services, 9% in Construction, and 18.9% in Toll Roads, driven by traffic growth and new project contributions. The order book remained high at over €31.5 billion combined for Construction and Services. Dividends received from toll road and airport investments increased compared to 2014. The company continued its focus on shareholder returns through dividend payments and a share buyback program in 2015.
1. The document outlines trends in globalization, production technology, the new US economy, ICT industry development, and labor market reforms that have shaped the modern knowledge-based economy.
2. It discusses challenges Taiwan faces in moving toward a knowledge-based economy, including rising non-performing loans and reforms needed in the financial market.
3. The conclusion emphasizes that developing a knowledge-based economy requires establishing effective institutions.
Brazil is experiencing economic growth after recovering from the global financial crisis. Key exports include oranges, soy, corn, sugar cane, airplanes, coffee, oil, iron ore and ethanol. Major upcoming infrastructure investments totaling $50 billion are being made for the 2014 World Cup and 2016 Olympics in Rio de Janeiro, including building new sports facilities, hotels, and improving transportation. Logistics costs remain high in Brazil compared to the US despite lower production costs.
Brazil has experienced economic growth in recent years and is investing heavily in infrastructure to prepare for hosting major sporting events like the 2014 World Cup and 2016 Olympics. Key investments include $50 billion for infrastructure, facilities, and transportation projects. This will generate opportunities for U.S. companies in construction, engineering, hospitality, and other sectors as Brazil builds new stadiums, airports, hotels, and more to accommodate increased tourism. Challenges remain such as high import taxes and logistics costs that can reduce Brazil's price advantages for U.S. buyers.
Cgf nita thacker 10 30pm to 12-30pm june 17 2012cgrowth
This document summarizes Nita Thacker's presentation on debt in the Caribbean region for the Caribbean Growth Forum. It finds that high debt levels have contributed to lower growth rates across Caribbean countries. Debt stocks accumulated due to large fiscal deficits, high interest payments, and adverse economic events. Debt restructuring operations in several countries helped reduce debt ratios and debt service burdens. The presentation recommends fiscal consolidation, debt restructuring to lengthen maturities and lower costs, and promoting private sector-led growth to address the region's high debt levels and boost economic performance.
This document provides an agenda and background information for ITW's Annual Investor Meeting being held in New York City on December 8, 2008. The agenda includes presentations on capital structure by Ron Kropp, on the food equipment business by Scott Santi and John McDonough, and an overall ITW overview by David Speer. Brief biographies are provided for each presenter as well as forward-looking statements and information regarding ITW's capital structure, debt capacity, liquidity, and free cash flow. The food equipment presentation will cover the business overview, end markets, product lines, and growth strategies.
The global economy has shifted towards Asia in recent decades. The UK runs large trade deficits in goods but surpluses in services. Germany and China are two of the UK's main trading partners for imports, while exports mainly go to other European nations. A persistent current account deficit can cause problems like lower growth and job losses if it indicates weak competitiveness. Policy options to address deficits include supply-side reforms to improve productivity and demand management policies to reduce spending on imports.
The document discusses the UK's balance of payments and trade trends. It notes that the UK runs a large trade deficit in goods but a surplus in services. The UK's main trading partners are EU countries like Germany, France, and the Netherlands, as well as non-EU countries like China, Switzerland, and the US. The UK has experienced a growing current account deficit in recent years, reaching nearly 6% of GDP in 2014. Persistent deficits can cause economic problems, so policies aim to improve competitiveness and boost exports to reduce the imbalance.
The document discusses balance of payments and trade issues for the UK economy. It notes that the UK runs a large trade deficit in goods but a surplus in services. The UK's main trading partners are EU countries like Germany, France, and the Netherlands, as well as China and the US. The UK has experienced a growing current account deficit in recent years, reaching nearly 6% of GDP in 2014. Possible causes of the deficit include competitiveness issues for UK exports and a high currency value. Running large and persistent deficits can cause problems like slower growth and job losses if not addressed.
The document discusses key issues related to international trade for least developed countries (LDCs). It notes that LDC exports are highly concentrated in a few commodities and markets, leaving them vulnerable to price fluctuations. While LDC exports grew rapidly in the 2000s, the economic crisis caused declines. The document outlines measures LDCs could take to better exploit natural resources, strengthen trade preferences, and ensure financing supports economic growth to help LDCs develop their economies through international trade.
The document provides an overview of Brazil's economy including key exports, trading partners, GDP growth, inflation rates, and foreign investment. It also discusses Brazil's reaction to the economic crisis through stimulus measures and projected growth in 2010. Infrastructure investments totaling $50 billion are planned for the 2014 World Cup and 2016 Olympics in Rio de Janeiro, including new sports facilities, hotels, transportation projects, and port/airport upgrades.
Requiem For A Blue Fin Tuna, An International Trade Analysis (1998 2009)RobertoMielgo
The document analyzes international trade data of bluefin tuna from 1998-2009 to estimate actual catches, which were likely much higher than quotas set by ICCAT. It finds that detected over-catches rose from 3,569 metric tons in 2004 to 24,298 metric tons in 2008, with an estimated value of €3.076 billion for the entire period. The unrelenting overfishing has led to a 72% decline in the eastern Atlantic/Mediterranean stock and an 82% decline in the western Atlantic stock over 40 years despite ICCAT management. Non-compliance with quotas by fishing countries around the Mediterranean is identified as the main reason for ICCAT management failure.
The United States has the largest and most technologically advanced economy in the world. Private businesses and individuals make most economic decisions, while the government provides stimulus when needed. While US firms are global leaders in many industries, income inequality has increased and long-term problems include stagnating wages, aging infrastructure, and large budget and trade deficits.
Similar to OTN Export Bulletin No6 - St Kitts and Nevis (20)
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1. EXPORT BULLETIN
Special Bulletin of the Office of Trade Negotiations (OTN)
ISSUE # 6 March 2010 |1
Trade Overview CONTENTS
Trade Overview P.1
In 2008, the St. Kitts and Nevis economy spent circa US$194mn more in
Exports Overview P.2
merchandise imports (i.e. goods) than merchandise exporters earned. The St.
Kitts and Nevis economy continues to face serious growth challenges including an
ever expanding international trade deficit. The problem of the ballooning trade
deficit is compounded by the fact that even with revenue from the services
sector, the economy still spends more on imports than it generates from export
sales. This ultimately has significant implications on international debt, and
provides a strong motive for the promotion of viable exports. This bulletin
attempts to provide information on some of those viable export opportunities.
Fig. 1: St. Kitts & Nevis’ merchandise trade performance
ST. KITTS & NEVIS
Official Name: Federation of Saint
Christopher (Kitts) and Nevis
Area: 269 sq. km. (104 sq. mi.)
Capital: Basseterre (pop. 15, 000)
Population (2005 UN estimate):
46, 000
Source: tradeMAP database, retrieved January 27, 2010
Currency: Eastern Caribbean Dollar
($EC)
Terrain: Generally mountainous.
Between 2001 and 2008, merchandise export sales increased by 13.2% annually Climate: Tropical
to expand from US$31mn to US$74mn. Merchandise import expenditure Airport: Robert L. Bradshaw
experienced marginal growth as between 2001 and 2008, merchandise import International Airport
expenditure grew by over 5.1% annually. Ultimately this lead to an expansion of
Source: OTN Information Unit 2010
the merchandise trade deficit from US$158mn in 2001 to almost US$194mn in
2008.
2. |2
In 2007, St. Kitts and Nevis services exporters generated US$161mn in sales, whilst the St. Kitts and Nevis market
absorbed US$114mn in import spending, therefore generating an intangibles (services) trade surplus of circa US$47mn.
The services surplus however, was not adequate to address the merchandise trade deficit which implies that there is still
the need to promote greater exports of goods and services.
Export Overview
St. Kitts and Nevis’ exports are not adequately diversified both in terms of the products, services1 exported, and the
markets which are serviced. St. Kitts and Nevis top export market in 2008 was the United States of America (USA). The
USA accounted for over three‐quarter of the total merchandise export earnings in 2008. In 2008, other top export
markets included Canada (6.7% of 2008 merchandise export earnings); Azerbaijan (5.1%); Czech Republic (1.5%);
Germany (1.3%); Argentina (1.2%); Chinese Taipei (0.7%); Croatia (0.6%); Barbados (0.6%) and Ukraine (0.6%).
The most dynamic markets for exports from St. Kitts and Nevis between 2004 and 2008 included Chinese Taipei (309%
growth per annum); China (240%); St. Vincent and the Grenadines (197%); Sweden (130%); South Africa (65%); Barbados
(54%); Indonesia (52%); Aruba (42%); Denmark (37%) and France (26%). These markets could be amongst those for any
priority market penetration activities based on the strength of the growth trend. However, these dynamic export
markets are not major sources of export earnings as they jointly accounted for 3.1% of the total earnings for St. Kitts and
Nevis exporters in 2008.
The top exports are detailed below.
1
St. Kitts and Nevis’ services export earnings are concentrated in travel services (i.e. tourism). In 2007, St. Kitts and Nevis earned over 66% of the total
services export earnings from travel services. In 2007, other dominant services exports included other miscellaneous business, professional and technical
services; legal services; communication services; and other direct insurance services.
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3. |3
In 2008, St. Kitts and Nevis’ top 15 products generated over 81% of total export earnings. Therefore, these products are
major export poles. The top 15 exports are composed of manufactured products, with a strong concentration in the light
electrical products industry.
Between 2004 and 2008, St. Kitts and Nevis’ most dynamic merchandise exports included variable resistors, including
rheostats and potentiometers, nes (678% growth in sales per annum); Transformers electric power handling capacity not
exceeding 1 KVA, nes (242%); Electrical machines and apparatus nes (200%); Filtering or purifying machinery and
apparatus for gases nes (194%); Parts of electrical machines & apparatus havg individual functions,nes (191%); Parts for
diesel and semi‐diesel engines (155%); Parts for filterg or purifyg mchy & apparatus for liquids or gases,nes (133%);
Filtering or purifying machinery and apparatus for liquids nes (132%); rum and tafia (72%); live primates (33%) and
beauty or make up preparations (34%). These exports have potential for diversifying the export base.
St. Kitts and Nevis exports a number of products in which they were ranked in the top thirty exporting nations in 2008.
Based on their top 30 export share, these products could be a priority of any export development programme and
included live primates (17th); variable resistors, including rheostats and potentiometers, nes (25th); and wirewound
variable resistors, including rheostat and potentiometers (28th).
*******************
Table. 1: St. Kitts & Nevis’ Top 15 Exports
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