The Council of Economic Advisers issues its annual "Economic Report of the President" Monday, and it is expected to place a heavy emphasis on economic growth through international trade and low taxes.
Under the classical gold standard economic growth, international trade and global capital flows flourished with a minimum of state intervention.
FORBES: Gold, Reagan and the Reds: From Degraded Dollar to Downgraded Debt
With the rapid growth of international trade and communication, played up by enthusiasts like Thomas Friedman, globalization has attracted enormous attention.
In China, they might be masked by the growth that low labor costs and expanding international trade bring.
FORBES: If State Capitalism Is So Good, Why Are Russian And Chinese Entrepreneurs Fleeing?
The report also shows a clear link between international business travel and growth in world trade.
The bottom line: As long as the world is burdened with debt, government policies that constrain domestic market growth, and old and new animosities that constrain international trade, any rebound is doomed to be short-lived.
After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis.
The 100-year-old UPS now has a broader array of services, including freight forwarding, heavy airfreight and logistics planning, and is taking full advantage of burgeoning international trade to fuel growth, says Bank of America analyst Scott D.
The 100-year-old UPS now has a broader array of services, including freight forwarding, heavy airfreight and logistics planning, and is taking full advantage of burgeoning international trade to fuel growth, says Bank of America (nyse: BAC - news - people ) analyst Scott D.
If President Obama is serious about protecting critical infrastructure, fostering a climate that is conducive to international trade and investment, and cultivating the conditions for economic growth, he should invoke the powers afforded him under the Taft-Hartley Act of 1947 to bar a strike by the longshoremen.
FORBES: New Year's Port Strike? Organized Labor Threatens Critical U.S. Infrastructure
Tokyo's Economic Planning Agency is projecting fiscal 1999 growth of 0.5%, resisting pressure from the powerful Ministry of International Trade and Industry for a higher forecast.
All of these factors are responsible for the slower growth in world trade seen in 2012, and are expected to continue to have their bearing on international trade during 2013 as well.
We are positive on the long-term growth prospects of the international operations based on two broad-based industry-wide trends: emerging markets growth and expansion of global trade.
FORBES: UPS Delivers Growth But Looks Like Even Money At $85
应用推荐