Globalisation is accelerating. While businesses are looking to unlock new revenue streams and governments are encouraging economic diversification, the increased connectivity of the digital age is lowering barriers to entry, opening up more international growth opportunities for dynamic businesses.
Our International Business Report with insights gained from in-depth interviews with five senior female executives from around the world, this report looks at the role of education in improving female participation and how this can help boost business growth.
Over the last few years, ask an economist where to look for growth and the answer would usually be the emerging markets. Now, though, with renewed optimism in Japan the UK, and US , should we be looking to the developed economies for new opportunities?
I read a fascinating article in the Wall Street Journal the other day which suggested that my region could broadly be thought of as two separate entities.
Sweden is an open, trade-oriented economy with a strong emphasis on supporting enterprise. It is therefore perhaps unsurprising, if still pleasing, to find the economy ranked third for the dynamism of our business operating environment in the Grant Thornton Global Dynamism Index (GDI) 2013. We are behind only Ireland and Canada on this measure in the 60-economy study.
Israel is a major player in science & technological innovation. In fact, perhaps only the United States is more prominent globally.
The Philippine economy is growing fast. GDP expanded by 6.8% in 2012 and, whilst remittances climbed to a record high of US$23.8 billion in 2012, their share of GDP actually dropped to 8.5%, down from 9% in 2011.
The Chinese economy is slowing. The days of rampant, double-digit expansion are in the past as we move away from massive investment and export dependency towards a more sustainable, consumption-driven model of growth. This rebalancing offers both challenges and opportunities for dynamic organisations. How these businesses adapt to the changing environment will be key to their growth prospects.
There was some great news for Chile in the latest edition of the Grant Thornton Global Dynamism Index (GDI): we ranked second out of 60 economies, behind only Australia.
According to our Global Dynamism Index (GDI) 2013, Australia is the economy businesses should be looking at. It climbed to the top of the ranking of 60 of the largest economies in the world this year, up from seventh place in 2012.
Last week, we released the results of the Grant Thornton Global Dynamism Index (GDI) 2013. This is the second year we have released these results. We are seeing the beginning of trends in the data but there was also some interesting movement up and down the rankings.
These are the results of the Grant Thornton Global Dynamism Index (GDI) 2013, an annual research project designed by the Economist Intelligence Unit, which ranks the development of the business growth environments of 60 of the world's largest economies over the past 12 months.
The US is the largest economy in the world and home to approximately 320 million people. Growth rates remain steady, albeit below pre-crisis levels, and job creation has been strong. Congressional dysfunction, particularly around tax reform is a major concern for business leaders while the strong dollar is weighing on exports. Below is our advice about expanding into the US and its ranking in the Global Dynamism Index 2015.
Mexico is the 15th largest economy in the world, the second largest in Latin America and has over 122 million inhabitants. Growth rates remain closely tied to those of its US neighbour and the destination for over 75% of exports. The government hopes that an ambitious programme of reform should boost long-term economic prospects. Read about doing business in Mexico and how it fared in the Global Dynamism Index 2015.
Singapore's economy ranks 36th in the world and has a population of just over 5 million people. The economy is heavily dependent on trade flows and the government is promoting an active industrial strategy designed to diversify and strengthen the economy long-term and upgrade the skills of local workers. Below you can read more information about Singapore and its Global Dynamism Index ranking.