"According to Game Changers: Five opportunities for US growth and renewal, a report published by McKinsey Global Institute (MGI), growth in the United States over the next 10 years will come from five sectors: energy, trade, technology, infrastructure and talent. The latter two sectors will be important sources of growth until 2030. Latin America has enormous opportunities in some of the five catalysts identified by the global consultant, mainly in trade, infrastructure and energy, given that, in addition to favoring trade with the United States, the region could increase the investment of its multinationals by having a presence in these sectors there. To identify the catalysts, MGI looked for developments that are at the point of achieving scale, as well as areas with an immediate opportunity for action. The catalysts could have an effect on the demand from stimuli that the economy will receive in the short run and could also have longer-term effects which favor American competitiveness and productivity. If we are to take seriously the recommendations of the report, we would be close to a takeoff point for the American economy that Latin America could capitalize on".
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Popular Posts
-
U.S. household spending rose in August as incomes increased at their fastest pace in six months, signs that momentum could be growing in th...
-
The Conference Board said its consumer confidence index in May rose to 83 -- matching the MarketWatch-compiled economist consensus -- fr...
-
Government Bonds Price Yield ...
-
The WSJ reports, "Alibaba said Thursday it bought a 50% stake in China's Guangzhou Evergrande soccer team for 1.2 billion...
-
Japan's core machinery orders fell more than expected and a central banker warned of headwinds from soft overseas growth, underscoring...
-
Chinese Premier Li Keqiang, in a telephone hook-up Thursday, told new Indian Prime Minister Narendra Modi that China was willing to enhanc...
-
China National Cereals, Oils and Foodstuffs Corp--the country’s largest food trader, has acquired a 51 percent stake in the Dutch trading ...
-
Despite ups and downs, China-U.S. relations have generally moved toward the right direction and yielded fruitful results, Xi said. "W...
-
Japanese Finance Minister Taro Aso reiterated on Tuesday his cautious view on a possible corporate tax cut to cushion the blow from a plan...
-
China's business climate index, a major gauge of the country's macroeconomic outlook, dropped in the fourth quarter, according to ...