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Global economy under crisis

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Global economy under crisis

  1. 1. Global economy under crisis<br />John Smithson, Golden Funds Ltd.<br />In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.<br />
  2. 2. Agenda<br />Welcome and Introductions<br />Crisis as an opportunity<br />Global economy<br />World Bank<br />East Asia Economy<br />Our Strategy<br />Discussion: How to be More Effective Together<br />
  3. 3. Crisis as an opportunity<br />
  4. 4. Global economy from boom to bust<br />United States has been in recession since December 2007 Deepest global recession since WWII.<br />Japan’s GDP dropped an unprecedented 13.7% in Q42008<br />Germany’s GDP fell by 8% in Q42008.<br />South Africa’s exports contracted 16% In January<br />China’s exports fell 25% in Feb 2009<br />Brazil’s GDP contracted 3.6% in the fourth quarter<br />
  5. 5. World Bank calls for aid boost<br />
  6. 6. Commodities market<br />
  7. 7. East Asia Economy<br />Saving our customers<br />
  8. 8. East Asian Economies<br />Underlying regional political seem to strengthen the East Asian economies in the next phase of global economic recovery.<br />The US has signed Treaty of Amity recently, paying the way for possible US’s participation at East Asia Summit (EAS).<br />Except North Korea, all countries in the region are committed toprosperous and stable East Asia<br />
  9. 9. Thailand & Vietnam<br />Notwithstanding of still unresolved political impasse, Thailand being at the hub of Greater Mekong sub-region, has strong economic fundamental and momentum to move forward.<br />•Vietnam under its able and dynamic Prime Minister Nguyễn Tấn Dũng will bring Vietnam to the next lap of strong economic growth.<br />
  10. 10. Our Strategy: Two Prong Approach<br />Support Existing Economic Development Efforts & Organizations<br />Marketing<br />Lead Execution<br />Convene/Collaborate<br />Proactively Promote NEO to Enhance Current Efforts<br />Leverage Efforts<br />Enhance Promotion<br />Extend US Targets Globally<br />
  11. 11. Lead Execution Support<br />Prominent Site Selection Consultants<br />Larger projects, set the region’s reputation<br />High opportunity industries<br />Bio-medical (devices), Advanced Energy<br />Minority Owned Businesses<br />Teaming with NOMSDC, HBA<br />Strong emphasis on in-region referrals<br />Emerging: Proactive International Attraction<br />Build the “Business Case” for the customer<br />
  12. 12. As hard as it is to admit, your belief could be one of the main reasons why you’re not earning your dream income.<br />

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