posts tagged with Economy

FedEx Investments, Acquisitions in Latin America Spur Economic Growth

colombia_domestic_service.jpg Often referred to as the “Milan of Latin America,” Medellín, Colombia, is considered by many to be a fashion mecca, a city with sought after production markets in the textile industry. It’s this reputation for success, coupled with growth in other industries like tourism and flower-growing, that have made Medellín an increasingly important economic center for small and medium sized entrepreneurs in Colombia.

Trade Promotion Authority: Essential to our customers, business and country

dc-capitol.png In the coming weeks, the U.S. Congress will have the opportunity to take a step that will significantly advance free trade and our economy –renewing Trade Promotion Authority, or TPA.

For three decades, U.S. presidents have had the authority to negotiate complex trade deals with other nations, and present the results for an up-or-down vote. Congress last passed this trade authorization in 2002 and since then, the US has added trade agreements with 16 countries.

It is critical Congress reauthorize this important legislative tool to ensure the U.S. maintains a credible bargaining position and continues...

The Future of the Supply Chain

GDC-Images002-sq.jpg For most of history, the supply chain that links the world together today would have been unimaginable. The road to market is now a superhighway. It is a 24/7 operation. Global trade does not sleep. In fact, it never even pauses for a nap. Wheels on the ground, wings in the sky, keels in the water connect a largely borderless world economy.

At the same time, supercharged as the global superhighway may already be, no one in the shipping industry doubts that faster, cheaper, safer, simpler remain the fundamental currency of success for anyone in the shipping business. The world’s insomniac global companies demand, and deserve, nothing less.

That might suggest that the supply chain of the future will need to look quite different...

Quality Vs. Quantity: Why Emerging Markets Must Concentrate on Sustainable Growth

EX1151_6.jpg As Brazil prepares to host two premier sporting events, the FIFA World Cup in 2014 and the Summer Olympics in 2016, some predict that the country will invest more than $60 billion USD in public works projects ranging from road expansions to the improvement of telecommunications networks. The infrastructure upgrades are not only necessary to accommodate the enormous amount of visitors these sporting events will bring to Brazil, but also to help solidify that country’s standing as an emerging market for growth.

As economic powerhouses, like the United States, faltered during The Great Recession that hit a few years ago, emerging markets like Brazil, Russia, India, China and South Africa were cast onto the world stage—spotlighted as the next phase of global economic growth. According to a recent article by McKinsey & Company, emerging market cities will generate more than 45 percent of global GDP growth between 2007 and 2025. The report also notes that the need to prioritize sustainable growth in emerging markets has never been more urgent. By sustainable development, the article refers to economic growth that improves lives without exhausting the environment or other resources.

Housing Market Recovery Improves Consumer Confidence

housing_market_fedex.jpg
The “American Dream” is defined by the idea that the harder you work, the greater your chance for prosperity and success—a solid education, a steady job and that home with a white picket fence. For so long, your house was not only a symbol of what you had accomplished, but also considered a safe and profitable investment because over time its value would appreciate.