By Philippe Guinaudeau June 2008

Size: px
Start display at page:

Download "By Philippe Guinaudeau June 2008"

Transcription

1 By Philippe Guinaudeau June 2008

2 Content What happened in the world of NPD Toy Markets in the World Top 10 Countries Evaluating the future Summary 2

3 Australia, Austria, Belgium, France, Germany, Italy, New Zealand, Poland, Portugal, Spain, UK, U.S.A. 3

4 A complex year! 4

5 5

6 Worth $72billion, the World Toy market is constantly growing World Toy Market (billion $) Source: The NPD Group, Inc. Toy Markets in the World 6

7 Impact of the Exchange Rates All calculations have been made in US$. Exchange rates are as of December for the year. Because the models are based on information tracked on 12 countries, using 6 different currencies, exchange rates vs. USD impact the trends 7

8 Impact of the Exchange Rate: Summary In 2007 USD, the World Toy Market adds to: 2006 (2007 Exchange rates) 2007 World Toy Market $ $ bn +5.0% In 2006 USD, the World Toy market adds to: (2006 Exchange rates) World Toy Market $ $ bn +5.0% In current USD, the World Toy market adds to: 2006 (2006 Exchange rates) 2007 (2007 Exchange rates) World Toy Market $ $ bn +7.4% 8

9 Growing areas are: 5 of the Top 10 gaining countries are in Europe, directly impacted by the exchange rate change in 2007 Among Top loosing countries are Japan (-$204.9 million), USA (-$126.2 million) 9

10 USA and Europe represent 10% of the kids population for 63% of the consumption in Toys 10

11 Top 10 countries on Toys remains extremely important, even though more countries contribute to the Toy Market 11

12 12

13 European countries filled the Top 10 Countries Rank Country Toy Market % Toy Market to Adults billion $ $/Kid Country in World Toy Market Kids (0-14) Population % Kids in Country Population GDP/Capita % $ % million % $ 1 United States $ % $ % % $ Japan $5.9 15% $ % % $ United Kingdom $4.4 15% $ % % $ France $3.7 11% $ % % $ China $3.4 1% $12 4.7% % $ Germany $3.1 16% $ % % $ India $1.9 1% $5 2.6% % $978 8 Canada $1.8 21% $ % % $ Brazil $1.8 3% $35 2.5% % $ Spain $1.6 14% $ % % $

14 14

15 Kids 0-4 years old is the demographic group expected to grow in the next 4 years 15

16 As a result, the Toy Market has a bright future World Toy Market (billion $) Source: The NPD Group, Inc. Toy Markets in the World 16

17 Although USA are down vs. 2007, the NPD markets recorded a good start for the year Poland Belgium* Spain Italy Australia Austria France Portugal Germany UK Switzerland USA -6,0% -2,0% Toy Markets in the NPD World Jan-April'08 vs. Jan-April'07 1,2% 0,6% 0,2% 1,9% 4,8% 7,8% 7,7% 9,4% % Chg in value 20,4% 28,8% *: Jan-March 08 vs. Jan-March 07 Source: NPD PoS Panels 17

18 Unless another exchange rate crisis, Asia will reach Europe s level in

19 19

20 Key Facts Worth $72billion, the World Toy market is constantly growing, especially in: Latin/South America & Caribbean, especially Brazil, Venezuela, Argentina and Mexico Europe, through favourable exchange rates (+6.3% at constant exchange rates) as well as in the Russian Federation Asia, through China, India and to a lower extent in Indonesia. Top 10 countries remains extremely important, even though more countries contribute to the Toy Market! In addition: 5 of the Top 10 gaining countries are in Europe, directly impacted by the exchange rate change in 2007 BRIC countries are dynamic Among Top loosing countries are Japan (-$204.9 million), USA (-$126.2 million) Kids 0-4 years old is the demographic group expected to grow in the next 4 years. As a result, and combined with the development of the local economies, the Toy Market is expected to increase by 5.3% in Asia and Africa are the continent expected to reinforce their contribution to the World Toy Market. It is planned that, Asia should reach Europe s level in

21 4 Key Challenges in the World of NPD 1. Stop the erosion of the consumption for girl recipients (lack of major licenses combined with major declines in core brands like Barbie, Dora, Bratz is deteriorating girls business). 2. Contain the pressure from Video-Games and other electronic products by winning the war in public opinion area. 3. Keep strong visibility in store, as retailer shelf space is getting harder to come by. 4. The ultimate challenge is to sell toys at full price at Christmas while containing the cost of goods. 21

22 A complete report for each major region and sub-region of the world including the top 50 countries is available at the cost of $US 5,000. You will receive full access to the data plus client service support from the NPD Group. Please contact Philippe Guinaudeau for more information. : : philippe_guinaudeau@npd.com

Second Quarter Trading Update 9 July 2010

Second Quarter Trading Update 9 July 2010 Second Quarter Trading Update 9 July 2010 Michael Page International Second Quarter Trading Update 2010 2 Group gross profit Constant Group gross profit m m Reported exchange 2010 vs 2009 111.5 83.8 +33.1%

More information

Corrigendum. OECD Pensions Outlook 2012 DOI: ISBN (print) ISBN (PDF) OECD 2012

Corrigendum. OECD Pensions Outlook 2012 DOI:   ISBN (print) ISBN (PDF) OECD 2012 OECD Pensions Outlook 2012 DOI: http://dx.doi.org/9789264169401-en ISBN 978-92-64-16939-5 (print) ISBN 978-92-64-16940-1 (PDF) OECD 2012 Corrigendum Page 21: Figure 1.1. Average annual real net investment

More information

Summary of key findings

Summary of key findings 1 VAT/GST treatment of cross-border services: 2017 survey Supplies of e-services to consumers (B2C) (see footnote 1) Supplies of e-services to businesses (B2B) 1(a). Is a non-resident 1(b). If there is

More information

Financial wealth of private households worldwide

Financial wealth of private households worldwide Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate

More information

Global Business Barometer April 2008

Global Business Barometer April 2008 Global Business Barometer April 2008 The Global Business Barometer is a quarterly business-confidence index, conducted for The Economist by the Economist Intelligence Unit What are your expectations of

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Regulated Open-ended Fund Assets and Flows Trends

More information

Quarterly Investment Update First Quarter 2017

Quarterly Investment Update First Quarter 2017 Quarterly Investment Update First Quarter 2017 Market Update: A Quarter in Review March 31, 2017 CANADIAN STOCKS INTERNATIONAL STOCKS Large Cap Small Cap Growth Value Large Cap Small Cap Growth Value Emerging

More information

Quarterly Investment Update First Quarter 2018

Quarterly Investment Update First Quarter 2018 Quarterly Investment Update First Quarter 2018 Dimensional Fund Advisors Canada ULC ( DFA Canada ) is not affiliated with [insert name of Advisor]. DFA Canada is a separate and distinct company. Market

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the

More information

At the end of this report, we summarize some important Year-End Considerations which employers should be prepared to address.

At the end of this report, we summarize some important Year-End Considerations which employers should be prepared to address. Global Report December 2009 Retirement Plan Accounting Assumptions at 2009 This report supplements our June 2009 Global Report, which presented the results of Hewitt Associates global survey of 2008 year-end

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the

More information

Another quarter of double digit growth

Another quarter of double digit growth 11 April 2018 2018 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer Another quarter of double digit growth LSE: PAGE.L Website: http://www.page.com/investors Headline

More information

Aging, the Future of Work and Sustainability of Pension System

Aging, the Future of Work and Sustainability of Pension System Aging, the Future of Work and Sustainability of Pension System WKÖ & Salzburg Global Seminar Event Dénes Kucsera Agenda Austria Vienna, Austria November 5, 2015 Introduction Increasing pressure on the

More information

2013 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive Summary

2013 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive Summary 2013 Global Survey of Accounting Assumptions for Defined Benefit Plans Executive Summary Executive Summary In broad terms, accounting standards aim to enable employers to approximate the cost of an employee

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). wide Regulated Open-ended Fund Assets and Flows Trends

More information

A short history of debt

A short history of debt A short history of debt In the words of the late Charles Kindleberger, debt/financial crises are a hardy perennial we have been here many times before. Over the past decade and a half the ratio of global

More information

Robas Research Private Limited Panel Book

Robas Research Private Limited Panel Book Robas Research Private Limited Panel Book Introduction Robas Research was introduced in July, 2012 1 6 We believe in research from base which defines our firm s logo for any research/methodology in which

More information

First ever quarter with over 200m Gross Profit

First ever quarter with over 200m Gross Profit 11 July 2018 and H1 2018 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer First ever quarter with over 200m Gross Profit LSE: PAGE.L Website: http://www.page.com/investors

More information

Reporting practices for domestic and total debt securities

Reporting practices for domestic and total debt securities Last updated: 27 November 2017 Reporting practices for domestic and total debt securities While the BIS debt securities statistics are in principle harmonised with the recommendations in the Handbook on

More information

EDHECinfra Broad Market Index Families

EDHECinfra Broad Market Index Families EDHECinfra Broad Market Index Families Unlisted Infrastructure Equity Index Families Global Unlisted Infrastructure Equity Global Project Finance Equity Advanced Markets Unlisted Infrastructure Equity

More information

UPDATE ON FISCAL STIMULUS AND FINANCIAL SECTOR MEASURES. April 26, 2009

UPDATE ON FISCAL STIMULUS AND FINANCIAL SECTOR MEASURES. April 26, 2009 UPDATE ON FISCAL STIMULUS AND FINANCIAL SECTOR MEASURES April 26, 2009 This note provides an update of information in the paper, The State of Public Finances: Outlook and Medium-Term Policies After the

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the

More information

PRELIMINARY RESULTS February 2016

PRELIMINARY RESULTS February 2016 25 February 2016 Nicandro Durante Chief Executive A strong performance driven by market share growth Excellent underlying performance, despite significant FX headwinds Outstanding quality share performance,

More information

Werte schaffen durch Innovation: Pharma Prof. Dr. Wolfram Carius LMU München,

Werte schaffen durch Innovation: Pharma Prof. Dr. Wolfram Carius LMU München, Werte schaffen durch Innovation: Pharma 2020 Prof. Dr. Wolfram Carius LMU München, 26.11.2010 External Situation: Market environment and Competition General Economy Political Environment 1) Market environment

More information

The OECD s Society at a Glance Simon Chapple OECD ELS/SPD Villa Vigoni, Italy, 9-11 th March 2011

The OECD s Society at a Glance Simon Chapple OECD ELS/SPD Villa Vigoni, Italy, 9-11 th March 2011 The OECD s Society at a Glance 2 Simon Chapple OECD ELS/SPD Villa Vigoni, Italy, 9- th March 2 Reconceptualisation for 2: Internal reasons OECD growth from 3 to 34 countries Other major economies (e.g.

More information

MMGPI 2016 Outcomes. Dr David Knox Senior Partner, Mercer

MMGPI 2016 Outcomes. Dr David Knox Senior Partner, Mercer Editions 2016 Top 3 Rankings MMGPI 2016 Outcomes Dr David Knox Senior Partner, Mercer Every retirement system is different! Insurance Private Public Pensions DC Indexation Assets RETIREMENT INCOME SYSTEMS

More information

Global Economic Briefing: Global Liquidity

Global Economic Briefing: Global Liquidity Global Economic Briefing: Global Liquidity December 21, 217 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at

More information

Economic Stimulus Packages and Steel: A Summary

Economic Stimulus Packages and Steel: A Summary Economic Stimulus Packages and Steel: A Summary Steel Committee Meeting 8-9 June 2009 Sources of information on stimulus packages Questionnaire to Steel Committee members, full participants and observers

More information

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE STOXX Limited STOXX EMERGING MARKETS INDICES. EMERGING MARK RULES-BA TRANSPARENT UNDERSTANDA SIMPLE MARKET CLASSIF INTRODUCTION. Many investors are seeking to embrace emerging market investments, because

More information

San Francisco Retiree Health Care Trust Fund Education Materials on Public Equity

San Francisco Retiree Health Care Trust Fund Education Materials on Public Equity M E K E T A I N V E S T M E N T G R O U P 5796 ARMADA DRIVE SUITE 110 CARLSBAD CA 92008 760 795 3450 fax 760 795 3445 www.meketagroup.com The Global Equity Opportunity Set MSCI All Country World 1 Index

More information

Annuities: a private solution to longevity risk

Annuities: a private solution to longevity risk Annuities: a private solution to longevity risk Product & Knowledge Fair 2007 Rüschlikon 30 March 2007 Thomas Hess Head of Economic Research & Consulting Veronica Scotti Client Solutions Need for private

More information

PREDICTING VEHICLE SALES FROM GDP

PREDICTING VEHICLE SALES FROM GDP UMTRI--6 FEBRUARY PREDICTING VEHICLE SALES FROM GDP IN 8 COUNTRIES: - MICHAEL SIVAK PREDICTING VEHICLE SALES FROM GDP IN 8 COUNTRIES: - Michael Sivak The University of Michigan Transportation Research

More information

First Quarter Interim Management Statement. 11 April 2011

First Quarter Interim Management Statement. 11 April 2011 First Quarter Interim Management Statement 11 April 211 Michael Page International First Quarter Interim Management Statement 2 Group Gross profit +29% with growth in every geography Growth Rates Group

More information

LONG-TERM PROJECTIONS OF PUBLIC PENSION EXPENDITURE

LONG-TERM PROJECTIONS OF PUBLIC PENSION EXPENDITURE 7. FINANCES OF RETIREMENT-INCOME SYSTEMS LONG-TERM PROJECTIONS OF PUBLIC PENSION EXPENDITURE Key results Public spending on pensions has been on the rise in most OECD countries for the past decades, as

More information

DFA Global Equity Portfolio (Class F) Quarterly Performance Report Q2 2014

DFA Global Equity Portfolio (Class F) Quarterly Performance Report Q2 2014 DFA Global Equity Portfolio (Class F) Quarterly Performance Report Q2 2014 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds.

More information

Hamid Rashid, Ph.D. Chief Global Economic Monitoring Unit Development Policy Analysis Division UNDESA, New York

Hamid Rashid, Ph.D. Chief Global Economic Monitoring Unit Development Policy Analysis Division UNDESA, New York Hamid Rashid, Ph.D. Chief Global Economic Monitoring Unit Development Policy Analysis Division UNDESA, New York 1 Global macroeconomic trends Major headwinds Risks and uncertainties Policy questions and

More information

DIVERSIFICATION. Diversification

DIVERSIFICATION. Diversification Diversification Helps you capture what global markets offer Reduces risks that have no expected return May prevent you from missing opportunity Smooths out some of the bumps Helps take the guesswork out

More information

FOREIGN ACTIVITY REPORT

FOREIGN ACTIVITY REPORT FOREIGN ACTIVITY REPORT SECOND QUARTER 2012 TABLE OF CONTENTS Table of Contents... i All Securities Transactions... 2 Highlights... 2 U.S. Transactions in Foreign Securities... 2 Foreign Transactions in

More information

1st Quarter Revenue. April 22, 2010

1st Quarter Revenue. April 22, 2010 1st Quarter Revenue April 22, 2010 Disclaimer This presentation contains forward looking statements. The use of the words "aim(s)," "expect(s)," "feel(s)," "will," "may," "believe(s)," "anticipate(s)"

More information

Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents. 18 July 2014

Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents. 18 July 2014 Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents 18 July 2014 How do we tax non-residents on capital income? Domestic design issues Tax treaty issues Interrelationship between

More information

DFA Global Equity Portfolio (Class F) Performance Report Q2 2017

DFA Global Equity Portfolio (Class F) Performance Report Q2 2017 DFA Global Equity Portfolio (Class F) Performance Report Q2 2017 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation

More information

DFA Global Equity Portfolio (Class F) Performance Report Q3 2018

DFA Global Equity Portfolio (Class F) Performance Report Q3 2018 DFA Global Equity Portfolio (Class F) Performance Report Q3 2018 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation

More information

DFA Global Equity Portfolio (Class F) Performance Report Q4 2017

DFA Global Equity Portfolio (Class F) Performance Report Q4 2017 DFA Global Equity Portfolio (Class F) Performance Report Q4 2017 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation

More information

EQUITY REPORTING & WITHHOLDING. Updated May 2016

EQUITY REPORTING & WITHHOLDING. Updated May 2016 EQUITY REPORTING & WITHHOLDING Updated May 2016 When you exercise stock options or have RSUs lapse, there may be tax implications in any country in which you worked for P&G during the period from the

More information

DFA Global Equity Portfolio (Class F) Performance Report Q3 2015

DFA Global Equity Portfolio (Class F) Performance Report Q3 2015 DFA Global Equity Portfolio (Class F) Performance Report Q3 2015 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation

More information

2018 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive summary

2018 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive summary 2018 Global Survey of Accounting Assumptions for Defined Benefit Plans Executive summary Executive summary In broad terms, accounting standards aim to enable employers to approximate the cost of an employee

More information

Actuarial Supply & Demand. By i.e. muhanna. i.e. muhanna Page 1 of

Actuarial Supply & Demand. By i.e. muhanna. i.e. muhanna Page 1 of By i.e. muhanna i.e. muhanna Page 1 of 8 040506 Additional Perspectives Measuring actuarial supply and demand in terms of GDP is indeed a valid basis for setting the actuarial density of a country and

More information

Pension Fund Investment and Regulation - An International Perspective and Implications for China s Pension System

Pension Fund Investment and Regulation - An International Perspective and Implications for China s Pension System Pension Fund Investment and Regulation - An International Perspective and Implications for China s Pension System Yu-Wei Hu, Fiona Stewart and Juan Yermo Financial Affairs Division OECD, Paris OECD/IOPS

More information

Turkey s Saving Deficit Issue From an Institutional Perspective

Turkey s Saving Deficit Issue From an Institutional Perspective Turkey s Saving Deficit Issue From an Institutional Perspective Engin KURUN, Ph.D CEO, Ziraat Asset Management Oct. 25th, 2011 - Istanbul 1 PRESENTATION Household and Institutional Savings Institutional

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the

More information

Global Economic Outlook John Hawksworth Chief Economist, PwC September 2012

Global Economic Outlook John Hawksworth Chief Economist, PwC September 2012 www.pwc.co.uk/economics Global Economic Outlook John Hawksworth Chief Economist, September 2012 Agenda Global overview Short term prospects for Europe, US and BRICs Long term trends: demographics, growth

More information

Overview of FSC-certified forests January January Maps of extend of FSC-certified forest globally and country specific

Overview of FSC-certified forests January January Maps of extend of FSC-certified forest globally and country specific Overview of FSCcertified forests January 2009 Maps of extend of FSCcertified forest globally and country specific Global certified forest area: 120.052.350 ha ( = 4,3%) + 11% Hectare FSCcertified forest

More information

Note: G20 includes only the 19 member countries (excludes European Union).

Note: G20 includes only the 19 member countries (excludes European Union). Note: G20 includes only the 19 member countries (excludes European Union). (Per cent) Variable 2007 2008 2009 2010 2011 2012 2013 2014 2015* GDP 5.7 3.1 0.0 5.4 4.2 3.4 3.3 3.4 3.1 Trade 7.9 2.9-10.3 12.5

More information

FOURTH QUARTER AND FULL YEAR 2017 TRADING UPDATE

FOURTH QUARTER AND FULL YEAR 2017 TRADING UPDATE 10 January 2018 FOURTH QUARTER AND FULL YEAR 2017 TRADING UPDATE Q4 Highlights* Group gross profit +13.8% (+11.7% in reported rates) up from +8.8% in Q3, a record quarter EMEA +19.3%: France +28%; Germany

More information

PRELIMINARY RESULTS February 2015

PRELIMINARY RESULTS February 2015 26 February 2015 Nicandro Durante Chief Executive Summary Financials Volume Current Revenue 14.0bn Profit 5.4bn Margin 38.7% EPS 208.1p Cigarettes -8.4% 2.8% -1.4% 667bn -7.2% 0.5pp -3.9% Constant 4.4%

More information

Best Treasury & Cash Management Providers 2017

Best Treasury & Cash Management Providers 2017 Page 1 of 5 In March 2017, Global Finance will publish its selections for the Seventeenth Annual World s Best Treasury & Cash Management Providers. Global Finance will select the best overall global cash

More information

Local knowledge. Global expertise. abilities 2016

Local knowledge. Global expertise. abilities 2016 Local knowledge. Global expertise. abilities 2016 See opportunity where others don t. Maximize the opportunity every transaction offers. Drive revenue, acquire new customers, and improve customer loyalty

More information

Consumer & Retail Conference

Consumer & Retail Conference Consumer & Retail Conference 3.12.13 Brad Dickerson CHief financial officer FORWARD LOOKING STATEMENTS Some of the statements in this presentation and our responses to various questions may constitute

More information

Financial Globalization, governance, and the home bias. Bong-Chan Kho, René M. Stulz and Frank Warnock

Financial Globalization, governance, and the home bias. Bong-Chan Kho, René M. Stulz and Frank Warnock Financial Globalization, governance, and the home bias Bong-Chan Kho, René M. Stulz and Frank Warnock Financial globalization Since end of World War II, dramatic reduction in barriers to international

More information

RECENT EVOLUTION AND OUTLOOK OF THE MEXICAN ECONOMY BANCO DE MÉXICO OCTOBER 2003

RECENT EVOLUTION AND OUTLOOK OF THE MEXICAN ECONOMY BANCO DE MÉXICO OCTOBER 2003 OCTOBER 23 RECENT EVOLUTION AND OUTLOOK OF THE MEXICAN ECONOMY BANCO DE MÉXICO 2 RECENT DEVELOPMENTS OUTLOOK MEDIUM-TERM CHALLENGES 3 RECENT DEVELOPMENTS In tandem with the global economic cycle, the Mexican

More information

Foreign Direct Investment and Ease of Doing Business: Before, During and After the Global Crisis

Foreign Direct Investment and Ease of Doing Business: Before, During and After the Global Crisis Foreign Direct Investment and Ease of Doing Business: Before, During and After the Global Crisis Nihal Bayraktar Pennsylvania State University Harrisburg June 27, 2011 Introduction FDI has been seen as

More information

Exchange Traded Funds (ETFs): The New Packaged Product of Choice

Exchange Traded Funds (ETFs): The New Packaged Product of Choice Financial Institutions Profiles Series Exchange Traded Funds (ETFs): The New Packaged Product of Choice (Table of Contents) April 20, 2017 TABLE OF CONTENTS Evolution of the Exchange Traded Funds (ETFs)

More information

Foreign Direct Investment in the United States. Organization for International Investment

Foreign Direct Investment in the United States. Organization for International Investment Foreign Direct Investment in the United States Organization for International Investment March 16, 2011 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES Key Findings Foreign Direct Investment in the United

More information

Why Invest In Emerging Markets? Why Now?

Why Invest In Emerging Markets? Why Now? Why Invest In Emerging Markets? Why Now? 2018 Over the long term, Emerging Markets (EM) have been a winning alternative compared to traditional Developed Markets (DM)... 350 300 250 200 150 100 50 1998

More information

Lisbon Business Forum Business Intelligence Insights. Henrique Teixeira, Market Manager, Business Intelligence 20 October 2016

Lisbon Business Forum Business Intelligence Insights. Henrique Teixeira, Market Manager, Business Intelligence 20 October 2016 Business Intelligence Insights Henrique Teixeira, Market Manager, Business Intelligence 20 October 2016 World Regional FIN Traffic Live total traffic in H1 2016 Africa 3% FIN traffic by regions Asia- Pacific

More information

26 MAY Boustead Singapore Limited / Boustead Projects Limited Joint FY2015 Financial Results Presentation

26 MAY Boustead Singapore Limited / Boustead Projects Limited Joint FY2015 Financial Results Presentation 26 MAY 2015 Boustead Singapore Limited / Boustead Projects Limited Joint FY2015 Financial Results Presentation Disclaimer This presentation contains certain statements that are not statements of historical

More information

Foreign Direct Investment in the United States. Organization for International Investment

Foreign Direct Investment in the United States. Organization for International Investment Foreign Direct Investment in the United States Organization for International Investment March 14, 2012 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES Key Findings Foreign Direct Investment in the United

More information

2018 Edelman Trust Barometer

2018 Edelman Trust Barometer 2018 Edelman Trust Barometer Snapshot Australia #TrustBarometer Trust Index A World of Distrust Average trust in institutions, general population, 2017 vs. 2018 Global Trust Index remains at distruster

More information

Learning Goal. To develop an understanding of the Millennium Development Goal targets

Learning Goal. To develop an understanding of the Millennium Development Goal targets Learning Goal To develop an understanding of the Millennium Development Goal targets APK - Activity If you were to set up goals for the world to improve conditions for the world s people, what goals would

More information

STATISTICS Last update: 03/07/2017

STATISTICS Last update: 03/07/2017 STATISTICS 2012-2016 Last update: 03/07/2017 BU NEWS BUSINESS [USD, BILLIONS] New business by year, vs. total world exports 3,000 2,500 2,000 1,500 1,000 500 12,131 1,138 40 127 971 14,023 1,323 53 143

More information

Public Pension Spending Trends and Outlook in Emerging Europe. Benedict Clements Fiscal Affairs Department International Monetary Fund March 2013

Public Pension Spending Trends and Outlook in Emerging Europe. Benedict Clements Fiscal Affairs Department International Monetary Fund March 2013 Public Pension Spending Trends and Outlook in Emerging Europe Benedict Clements Fiscal Affairs Department International Monetary Fund March 13 Plan of Presentation I. Trends and drivers of public pension

More information

COUNTRY COST INDEX JUNE 2013

COUNTRY COST INDEX JUNE 2013 COUNTRY COST INDEX JUNE 2013 June 2013 Kissell Research Group, LLC 1010 Northern Blvd., Suite 208 Great Neck, NY 11021 www.kissellresearch.com Kissell Research Group Country Cost Index - June 2013 2 Executive

More information

SPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS

SPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS SPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS Summary Spain has significantly increased its trade openness in the last two decades Despite the global crisis and increased competition from

More information

DEALING AND TREASURY SERVICE

DEALING AND TREASURY SERVICE FEE SCHEDULE - STONEHAGE FLEMING DEALING AND TREASURY SERVICE ASSET CLASS Below does not include any third party fees, VAT, stamp duty, taxes or charges FOREIGN EXCHANGE UP TO SPOT Band in GBP % of Spot

More information

2018 UX Salary Survey

2018 UX Salary Survey 2018 UX Salary Survey August 2018 Research Methodology STUDY DESIGN Online survey (15 minutes) SAMPLE SIZE 1,326 UX Professionals Initial respondents were recruited through postings on professional networks

More information

Internet Appendix: Government Debt and Corporate Leverage: International Evidence

Internet Appendix: Government Debt and Corporate Leverage: International Evidence Internet Appendix: Government Debt and Corporate Leverage: International Evidence Irem Demirci, Jennifer Huang, and Clemens Sialm September 3, 2018 1 Table A1: Variable Definitions This table details the

More information

World s Best Investment Bank Awards 2018

World s Best Investment Bank Awards 2018 Global Finance will publish its selections for the 19th Annual World s Best Investment Banks in the April 2018 issue. Winners will be honored at an awards ceremony in New York City in March, and all award

More information

The macroeconomic effects of a carbon tax in the Netherlands Íde Kearney, 13 th September 2018.

The macroeconomic effects of a carbon tax in the Netherlands Íde Kearney, 13 th September 2018. The macroeconomic effects of a carbon tax in the Netherlands Íde Kearney, th September 08. This note reports estimates of the economic impact of introducing a carbon tax of 50 per ton of CO in the Netherlands.

More information

ILLUSTRATIVE SCENARIOS FOR GEF-5 CONTRIBUTIONS

ILLUSTRATIVE SCENARIOS FOR GEF-5 CONTRIBUTIONS Fifth Meeting for the Fifth Replenishment of the GEF Trust Fund March 9-10, 2010 Rome, Italy GEF/R.5/27 February 16, 2010 ILLUSTRATIVE SCENARIOS FOR GEF-5 CONTRIBUTIONS (PREPARED BY THE WORLD BANK AS TRUSTEE)

More information

Guide to Treatment of Withholding Tax Rates. January 2018

Guide to Treatment of Withholding Tax Rates. January 2018 Guide to Treatment of Withholding Tax Rates Contents 1. Introduction 1 1.1. Aims of the Guide 1 1.2. Withholding Tax Definition 1 1.3. Double Taxation Treaties 1 1.4. Information Sources 1 1.5. Guide Upkeep

More information

10 GREAT MYTHS OF GLOBAL CIVIL SOCIETY

10 GREAT MYTHS OF GLOBAL CIVIL SOCIETY 10 GREAT MYTHS OF GLOBAL CIVIL SOCIETY Lester M. Salamon Johns Hopkins University Japan Commerce Association of Washington October 21, 2013 THE GLOBAL ASSOCIATIONAL REVOLUTION FOR-PROFIT SECTOR CIVIL SOCIETY

More information

EU-28 STEEL SCRAP STATISTICS. by Rolf Willeke Statistics Advisor of the BIR Ferrous Division For EFR a branch of EuRIC (30 October 2017)

EU-28 STEEL SCRAP STATISTICS. by Rolf Willeke Statistics Advisor of the BIR Ferrous Division For EFR a branch of EuRIC (30 October 2017) EU-28 STEEL SCRAP STATISTICS (JANUARY JUNE 2017) by Rolf Willeke Statistics Advisor of the BIR Ferrous Division For EFR a branch of EuRIC (30 October 2017) C O N T E N T S EU-28 and World Crude Steel Production

More information

All-Country Equity Allocator February 2018

All-Country Equity Allocator February 2018 Leila Heckman, Ph.D. lheckman@dcmadvisors.com 917-386-6261 John Mullin, Ph.D. jmullin@dcmadvisors.com 917-386-6262 Charles Waters cwaters@dcmadvisors.com 917-386-6264 All-Country Equity Allocator February

More information

Overview of Transfer Pricing Regulations. CA Akshay Kenkre

Overview of Transfer Pricing Regulations. CA Akshay Kenkre Overview of Transfer Pricing Regulations CA Akshay Kenkre 1 What is Transfer Pricing What is Transfer Price? A Price at which one person transfers physical goods, services, tangible or/ and intangibles

More information

Charting Brunei s Economy

Charting Brunei s Economy Charting Brunei s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Total tax contribution in 2012 A report on the economic contribution made by BBVA Group to public finances

Total tax contribution in 2012 A report on the economic contribution made by BBVA Group to public finances 1 Index 1 Introduction 2 Distribution of BBVA Group's tax payments by geographical area 3 Tax responsibility 4 5 Tax charged in the financial statements in 2012 6 Main conclusions 2 1 Introduction Tax

More information

BETTER POLICIES FOR A SUCCESSFUL TRANSITION TO A LOW-CARBON ECONOMY

BETTER POLICIES FOR A SUCCESSFUL TRANSITION TO A LOW-CARBON ECONOMY BETTER POLICIES FOR A SUCCESSFUL TRANSITION TO A LOW-CARBON ECONOMY Rintaro Tamaki Deputy Secretary-General, OECD International Forum for Sustainable Asia and the Pacific (ISAP)1 Yokohama, July 1 Four

More information

The Global Aging Preparedness Index

The Global Aging Preparedness Index The Global Aging Preparedness Index 2 nd Edition Richard Jackson Senior Associate Center for Strategic & International Studies International Longevity Centre Roundtable May 6, 2014 London GAPINDEX.CSIS.ORG

More information

Global Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017

Global Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017 Global Construction 2030 Expo EDIFICA 2017 Santiago Chile 4-6 October 2017 Graham Robinson Global Construction Perspectives Global Construction 2030 is the fourth in a series of global studies of the construction

More information

TURKEY: RECENT DEVELOPMENTS January September 2018

TURKEY: RECENT DEVELOPMENTS January September 2018 TURKEY: RECENT DEVELOPMENTS January September 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years

More information

Developing Housing Finance Systems

Developing Housing Finance Systems Developing Housing Finance Systems Veronica Cacdac Warnock IIMB-IMF Conference on Housing Markets, Financial Stability and Growth December 11, 2014 Based on Warnock V and Warnock F (2012). Developing Housing

More information

Anti-Money Laundering Compliance Issues

Anti-Money Laundering Compliance Issues Anti-Money Laundering Compliance Issues 4th Annual Continuing Professional Development Event November 12, 2015 Presented by: Victoria Stuart Peter Moffatt 1 Introduction Compliance regime for reporting

More information

Marine. Global Programmes. cunninghamlindsey.com. A Cunningham Lindsey service

Marine. Global Programmes. cunninghamlindsey.com. A Cunningham Lindsey service Marine Global Programmes A Cunningham Lindsey service Marine global presence Marine Global Programmes Cunningham Lindsey approach Managing your needs With 160 marine surveyors and claims managers in 36

More information

International Statistical Release

International Statistical Release International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Regulated Open-ended Fund Assets and Flows Trends

More information

Global Consumer Confidence

Global Consumer Confidence Global Consumer Confidence The Conference Board Global Consumer Confidence Survey is conducted in collaboration with Nielsen 4TH QUARTER 2017 RESULTS CONTENTS Global Highlights Asia-Pacific Africa and

More information

All-Country Equity Allocator July 2018

All-Country Equity Allocator July 2018 Leila Heckman, Ph.D. lheckman@dcmadvisors.com 917-386-6261 John Mullin, Ph.D. jmullin@dcmadvisors.com 917-386-6262 Allison Hay ahay@dcmadvisors.com 917-386-6264 All-Country Equity Allocator July 2018 A

More information

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%)

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%) Double Tax Treaties DTA Country Withholding Tax Rates (%) Albania 0 0 5/10 1 No No No Armenia 5/10 9 0 5/10 1 Yes 2 No Yes Australia 10 0 15 No No No Austria 0 0 10 No No No Azerbaijan 8 0 8 Yes No Yes

More information

Sovereign Bond Yield Spreads: An International Analysis Giuseppe Corvasce

Sovereign Bond Yield Spreads: An International Analysis Giuseppe Corvasce Sovereign Bond Yield Spreads: An International Analysis Giuseppe Corvasce Rutgers University Center for Financial Statistics and Risk Management Society for Financial Studies 8 th Financial Risks and INTERNATIONAL

More information

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017 Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems 5 October 2017 Deutsche Börse Group 1 Settlement services: single point of access to cost-effective, low risk and

More information

Stronger growth, but risks loom large

Stronger growth, but risks loom large OECD ECONOMIC OUTLOOK Stronger growth, but risks loom large Ángel Gurría OECD Secretary-General Álvaro S. Pereira OECD Chief Economist ad interim Paris, 3 May Global growth will be around 4% Investment

More information