British SME Export Growth Helps Tackle Trade Deficit
|
|
- Jayson Sparks
- 5 years ago
- Views:
Transcription
1 British SME Export Growth Helps Tackle Trade Deficit The FedEx Great British Export Report 2015 canvasses the current behaviour and opinions of over 1,000 small to medium sized enterprises across Great Britain. 1
2 Executive Summary Last year, in the second FedEx Great British Export Report, I said the future was looking bright for British SMEs, and that it was important for them to keep pushing forward towards sustained growth and stability. Twelve months later there is no denying they have done so, and more. The findings of the second annual FedEx Great British Export Report clearly show that SMEs are exporting more than ever, both in terms of volume and value. At FedEx the SMEs we help to go global are brimming with optimism for the future, and for the opportunities they see abroad. And rightly so, perhaps the most striking finding of the report is that, while the national trade gap is widening, exporting SMEs are actually working to counteract this. They are currently exporting more than they import and are therefore making a positive contribution a remarkable feat. We could, it seems, all learn a thing or two from smaller businesses. exporting to these markets will be even easier and even faster. In the meantime, FedEx Express is effectively placed to help businesses who want to be ahead of the game. A year is a long time in business, but don t be surprised to see SMEs exporting confidence continue to grow in the next 12 months. SMEs have become the shining lights of the UK economy, and it is up to all of us to give them the tools and access they need to succeed on the global stage. Trevor Hoyle Vice President Northern Europe Operations FedEx Express July 2015 There is however still more to be done. While the top destinations for exports are in Europe and the English speaking world, British SMEs are starting to notice the potential that exists in the highgrowth markets of Asia, Africa and Latin America. As the world becomes more connected, global trade lanes will strengthen, and 2
3 Key Findings How are British SMEs making a positive contribution to tackling the trade deficit? Currently, the financial value of exports exceeds that of imports for Britain s SMEs. The average SME exports 553k a year to Europe and imports 535k, an average net surplus of c 18k for those SMEs exporting to European countries. The average SME exports 714k a year outside of Europe but imports just 410k, an average net benefit of c 304k for those SMEs exporting globally. Where do British SMEs export to? 96% of British SMEs who export, export into Europe. France is the number one export market for British SMEs 57% of SMEs who export, export into France. Germany is the second biggest market (4) followed by Spain (37%). 73% of British SMEs who export, do so outside of Europe with the top markets being the US (35%), Australia (24%) and Canada (20%). 16% of British SME s Export to China. Are SME exporters fully supported to go global? In total 58% of all British SMEs would appreciate more support whether from trade bodies, the Government, or logistics providers than they currently receive in order to optimise their international success. This breaks down as 30% saying the support they receive is adequate, but could do with more, 16% who feel support could be more accessible and 12% say they do not have the support needed to proceed. Only 22% of SMEs say they require no further support at all. 3
4 What are the top barriers exporters encounter? 88% of SMEs who export have experienced some sort of barrier with costs (22%), losing out on currency exchange (22%) and worries over being paid (20%) scoring the most highly. The report showed the top three markets viewed as the most challenging to enter are the US, Australia and China. What do SMEs see as the biggest critical challenge in the year ahead? Improving customer service, distributing products and services efficiently, and reducing operational costs comprise the top three. The ability to enter new export markets is seen as critical by fewer than one in five (just 1). Are SMEs optimistic for the future? In general SMEs feel confident about the future. In five years time, 50% of British SMEs believe their trade will be both domestic and international only 28% believe it will be domestic only, while 8% believe it will be international only. In 10 years time, 48% of British SMEs believe their trade will be both domestic and international and only 26% believe it will be domestic only (the figure who believe it will be international only remains at 8%). 4
5 Extended research European export/import surplus The average SME exports 553k a year to Europe and imports 535k, an average net surplus of c 18k for those SMEs exporting to Europe Outside of Europe export/import surplus The average SME exports 714k a year outside of Europe but imports just 410k, an average net benefit of c 304k for those SMEs exporting globally YoY* comparison of shipping volumes to Europe 2014: 40% of exporting SMEs shipped at least 20 shipments per month 2015: 6 of exporting SMEs ship at least 20 shipments per month YoY comparison of shipping volumes to outside of Europe 2014: 37% of exporting SMEs ship at least 20 shipments per month 2015: 5 of exporting SMEs ship at least 20 shipments per month % 37% YoY comparison of shipping value to Europe 2014: 43% of exporting SMEs shipped more than 5,000 per month on average YoY comparison of shipping value to outside of Europe 2014: 37% of exporting SMEs shipped more than 5,000 per month on average 2015: 64% of exporting SMEs ship more than 5,000 per month on average 2015: 57% of exporting SMEs ship more than 5,000 per month on average 64% 57% 43% 37% * Year on Year 5
6 Top European markets for British SME exports Top global for British SME exports France Germany Spain Ireland Itally Belgium Netherlands Denmark Sweden Norway 57% of exporting SMEs 4 37% 32% 2 24% 23% 17% 16% 15% US Australia Canada China Japan India New Zealand Brazil South Africa Mexico 35% of exporting SMEs 25% 20% 16% 13% 13% 12% 10% 6% Top European Import Markets for British SMEs Top Global Import Markets for British SMEs Germany French Italy Spain Denmark Ireland Netherlands Australia Belgium Czech Republic & Poland 33% of exporting SMEs 32% 15% 13% 11% 10% 7% China US India Australia Canada Japan Indonesia Brazil Mexico New Zealand 26% of exporting SMEs 1 15% 11% 5% 5% 5% 4% Top ten types of export 18% Technological equipment 12% Industrial/manufacturing items 12% Fashion/textiles 11% Food and beverage 10% DIY items 10% Cosmetics/health and beauty 10% Construction 10% Homeware 6% Environment & renewable energy 6% Furniture 6
7 Top barriers to exporting 22% Costs 22% Losing out on currency exchange 20% Worried about being paid 20% Not having a physical presence 1 Language barrier Most challenging global markets to enter Canada 10% US 22% China 13% India 11% Australia 14% Top ten critical business challenges 1 22% 20% 22% 24% 24% 25% 25% 26% 30% Ability to enter new export markets Increasing competition in our sector Attracting & retaining the brightest talent Improve visibility on social media Improve the way we advertise Harnessing technology in the smartest way Ability to find new domestic markets and revenue streams Reducing operating costs Ability to distribute products and services efficiently Improving customer experience 7
8 Forecasting the future and signs of optimism In five years time, SMEs believe their trade will be... 8% International 28% Domestic 50% Domestic & International In ten years time, SMEs believe their trade will be... 8% International 26% Domestic 48% Domestic & International 70% of British SMEs believe their domestic revenues will increase in five years (rising to 73% in 10 years) 72% of British SMEs believe their international revenues will increase in five years (rising to 78% in 10 years) 73% of all British SMEs are optimistic about their revenue in the next 12 months (16% are very optimistic, 56% are quite optimistic. 8
9 Contacts for enquiries Customer Service: FedEx Sales Team: All shipments are subject to the Federal Express Conditions of Carriage for EMEA (fedex.com/gb/services/terms). For further details, call Customer Service - RMP Advertising - RCS Paris B Photos: Getty Images, Manchan, Walter Hodges - FedEx - Printed in Europe - June
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 informationUK ECONOMY SITUATION & PROSPECTS
UK ECONOMY SITUATION & PROSPECTS 26 November 2013 Hermione Gough Counsellor Europe and Global Issues British Embassy Paris UNCLASSIFIED 1 The pace of recovery picked up further in Q3, with UK GDP expanding
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationExecutive Summary. The Transatlantic Economy Annual Survey of Jobs, Trade and Investment between the United States and Europe
The Transatlantic Economy 2011 Annual Survey of Jobs, Trade and Investment between the United States and Europe Daniel S. Hamilton Daniel S. Hamilton and Joseph P. Quinlan and Joseph P. Quinlan Center
More information2018 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 informationFEES SCHEDULE (COPPER / GOLD)
FEES SCHEDULE (COPPER / GOLD) Applicable from April 208 excluding discretionary management agreement and investment advisory agreement CBP Quilvest LU EN Fees Schedule Excluding Management April 208 /5
More informationFEES SCHEDULE (SILVER/PLATINUM)
FEES SCHEDULE (SILVER/PLATINUM) Applicable from April 208 under an Investment Advisory Agreement CBP Quilvest LU EN Investment Advisory Fees Schedule April 208 /5 ADVISORY MANAGEMENT, CUSTODY FEES AND
More informationGlobal 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 informationSt. Martin 2013 SERVICES AND RATES
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationFinancial 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 informationNew in 2013: Greater emphasis on capital flows Refinements to EBA methodology Individual country assessments
As in 212: Stock-take: multilaterally consistent assessment of external sector policies of the largest economies Feeds into Article IVs Draws on External Balance Assessment (EBA) methodology/other Identifies
More informationPerformance Derby: MSCI Regions & Countries STRG, STEG, & LTEG
Performance Derby: MSCI Regions & Countries STRG, STEG, & LTEG February 7, 2018 Dr. Ed Yardeni 516-972-7683 eyardeni@yardeni.com Joe Abbott 732-497-5306 jabbott@yardeni.com Please visit our sites at blog.yardeni.com
More informationSecond 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 informationUK Trade in Numbers. February 2019
UK Trade in Numbers February 2019 Disclaimer The figures used in this pocketbook are the latest at the time of publication. We include figures from monthly and quarterly publications, such as ONS Balance
More informationReporting 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 information2017 Global Trends in Investor Relations
0 2017 Global Trends in Investor Relations Primacy of Geopolitical Risk Geopolitical risk is still the number one concern for companies globally. Concern is increasing regarding the impact of emerging
More informationDFA 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 informationGlobal 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 informationCOUNTRY 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 informationSummary 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 informationInternational 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 informationDFA 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 informationDFA 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 informationDFA 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 informationA 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 informationDFA 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 informationBLS Spotlight on Statistics: International Labor Comparisons
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 5-2013 BLS : International Labor Comparisons Bureau of Labor Statistics Follow this and additional works at:
More informationProgress towards Strong, Sustainable and Balanced Growth. Figure 1: Recovery from Financial Crisis (100 = First Quarter of Real GDP Contraction)
Progress towards Strong, Sustainable and Balanced Growth Figure 1: Recovery from Financial Crisis (100 = First Quarter of Real GDP Contraction) Source: OECD May 2014 Forecast, Haver Analytics, Rogoff and
More informationInternational 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 informationThe 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 informationFirst 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 informationMeasuring National Output and National Income. Gross Domestic Product. National Income and Product Accounts
C H A P T E R 18 Measuring National Output and National Income Prepared by: Fernando Quijano and Yvonn Quijano Gross Domestic Product Gross domestic product (GDP) is the total market value of all final
More informationBelize FedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationBelize FedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationGlobal Select International Select International Select Hedged Emerging Market Select
International Exchange Traded Fund (ETF) Managed Strategies ETFs provide investors a liquid, transparent, and low-cost avenue to equities around the world. Our research has shown that individual country
More informationFCCC/SBI/2010/10/Add.1
United Nations Framework Convention on Climate Change Distr.: General 25 August 2010 Original: English Subsidiary Body for Implementation Contents Report of the Subsidiary Body for Implementation on its
More informationCapital Markets Day 2011
Capital Markets Day 2011 DSV Air & Sea Division Jorgen Moller, President DSV Air & Sea Holding A/S Capital Markets Day 6 September 2011 Agenda 1. DSV Air & Sea - general facts 2. Update on H1 2011 3. Growth
More informationKey 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 informationBRITISH EXPORTERS ASSOCIATION
BRITISH EXPORTERS ASSOCIATION Broadway House, Tothill Street, London SW1H 9NQ Tel.: 020 7222 5419 FAX: 020 7799 2468 email: hughbailey@bexa.co.uk www.bexa.co.uk 9 th October 2015 Overview of BExA Concessional
More informationLocal 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 informationGlobal 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 informationFOREWORD. Cayman Islands
2015/16 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are
More informationRecommendation of the Council on Tax Avoidance and Evasion
Recommendation of the Council on Tax Avoidance and Evasion OECD Legal Instruments This document is published under the responsibility of the Secretary-General of the OECD. It reproduces an OECD Legal Instrument
More informationTravel Insurance and Assistance in the Asia-Pacific Region
Travel Insurance and Assistance in the Asia-Pacific Region Report Prospectus October 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What methodology
More informationDIVERSIFICATION. 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 informationLecture 13 International Trade: Economics 181 Foreign Direct Investment (FDI) and Multinational Corporations (MNCs)
Lecture 13 International Trade: Economics 181 Foreign Direct Investment (FDI) and Multinational Corporations (MNCs) REMEMBER: Midterm NEXT TUESDAY. Office hours next week: Monday, 12 to 2 for Ann Harrison
More informationApproach to Employment Injury (EI) compensation benefits in the EU and OECD
Approach to (EI) compensation benefits in the EU and OECD The benefits of protection can be divided in three main groups. The cash benefits include disability pensions, survivor's pensions and other short-
More informationManpower Employment Outlook Survey Global
Manpower Employment Outlook Survey Global 3 216 Global Employment Outlook ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity in Quarter
More informationDnB NOR Group 1st half and 2nd quarter 2010 results. Bjørn Erik Næss, chief financial officer
DnB NOR Group 1st half and 2nd quarter 2010 results Rune Bjerke, group chief executive Rune Bjerke, group chief executive Bjørn Erik Næss, chief financial officer 1st half and 2nd quarter 2010 Rising credit
More informationIMPORTANT TAX INFORMATION
00126803 IMPORTANT TAX INFORMATION Dear Hartford Funds Shareholder: The following information about your enclosed 1099-DIV from Hartford Funds should be used when preparing your 2014 tax return. The information
More informationChallenges for Today s Short-Term Assignments
Point of view Challenges for Today s Short-Term Assignments Consulting. Outsourcing. Investments. Why is there an increasing trend for short-term assignments? What are the current challenges? How do companies
More information1st 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 informationBETTER 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 informationGlobal: On the horizon for 2017
11 Jan 2017 / Latest / Global: On the horizon for 2017 Global: On the horizon for 2017 By Sarah Hellewell / 15 Dec 2016 Regions & Countries Kenya, Mozambique, Nigeria, South Africa, Brazil, Canada, Mexico,
More informationInternational 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 informationInternational 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 informationEQUITY 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 informationBy Philippe Guinaudeau June 2008
By Philippe Guinaudeau June 2008 Content What happened in the world of NPD Toy Markets in the World Top 10 Countries Evaluating the future Summary 2 Australia, Austria, Belgium, France, Germany, Italy,
More informationFOREIGN 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 informationBULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA)
BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) In the period January - April 2017 Bulgarian exports to the EU increased by 8.6% 2016 and amounted to 10 418.6 Million BGN
More informationBULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA)
BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) In the period January - May 2017 Bulgarian exports to the EU increased by 10.8% 2016 and added up to 13 283.0 Million BGN (Annex,
More informationGlobal Economic Prospects
Global Economic Prospects Back from the Brink? Andrew Burns World Bank Prospects Group April 12, 212 1 Amid some signs of improvement, global recovery remains fragile First quarter of 212 has been generally
More informationSan 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% 38, % 40, % 2,611 2,
3 DECEMBER 6 OPEN ENDED Number of Net Value of Number of Total Value Total Value Net New Date Authorised/Registered Schemes Registered of Sales of Repurchases Investment Schemes ( mn) Holders ( mn) ( mn)
More informationTAXATION OF TRUSTS IN ISRAEL. An Opportunity For Foreign Residents. Dr. Avi Nov
TAXATION OF TRUSTS IN ISRAEL An Opportunity For Foreign Residents Dr. Avi Nov Short Bio Dr. Avi Nov is an Israeli lawyer who represents taxpayers, individuals and entities. Areas of Practice: Tax Law,
More informationDow Jones Sustainability Indexes (DJSI) Annual Review 2005
Dow Jones Sustainability Indexes (DJSI) Annual Review 2005 Zurich, Switzerland 7 September 2005 A cooperation of Dow Jones Indexes, STOXX Ltd. and SAM Group 1 Content I. Key Facts II. III. IV. Research
More informationTurkey 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 informationPublic 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 informationGlobal Economic Briefing: Global Inflation
Global Economic Briefing: Global Inflation November, 7 Dr. Edward Yardeni -97-7 eyardeni@ Debbie Johnson -- djohnson@ Mali Quintana -- aquintana@ Please visit our sites at www. blog. thinking outside the
More informationTrade trends and trade policy developments. Ian Ascough Head of Bilateral Trade Negotiations BIS/DfID Trade Policy Unit
Trade trends and trade policy developments Ian Ascough Head of Bilateral Trade Negotiations BIS/DfID Trade Policy Unit The big picture UK earnings from exports of goods exceeded earnings from exports of
More informationFirst 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 informationThe Deloitte/SEB CFO Survey Optimism soars
Optimism soars The Deloitte/SEB CFO Survey We are excited to present the results of the new Deloitte/SEB CFO Survey. The report uniquely combines perspectives from CFOs within large and midsized companies
More informationOECD Report Shows Tax Burdens Falling in Many OECD Countries
OECD Centres Germany Berlin (49-30) 288 8353 Japan Tokyo (81-3) 5532-0021 Mexico Mexico (52-55) 5281 3810 United States Washington (1-202) 785 6323 AUSTRALIA AUSTRIA BELGIUM CANADA CZECH REPUBLIC DENMARK
More informationAPA & MAP COUNTRY GUIDE 2017 DENMARK
APA & MAP COUNTRY GUIDE 2017 DENMARK Managing uncertainty in the new tax environment DENMARK KEY FEATURES Competent authority Danish Tax Office ( SKAT ) APA provisions/ guidance Types of APAs available
More informationRobas 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 informationCapital Access Index 2006 Gauging Entrepreneurial Access to Capital
Capital Access Index 2006 Gauging Entrepreneurial Access to Capital Max = 10 9.0 Hong Kong 8.5 8.0 7.5 7.0 6.5 6.0 5.5 5.0 4.5 40 Source: Milken Institute United Kingdom U.S. India China Brazil Russia
More informationREFORMING PENSION SYSTEMS: THE OECD EXPERIENCE
REFORMING PENSION SYSTEMS: THE OECD EXPERIENCE IX Forum Nacional de Seguro de Vida e Previdencia Privada 12 June 2018, São Paulo Jessica Mosher, Policy Analyst, Private Pensions Unit of the Financial Affairs
More informationCorporate Governance and Investment Performance: An International Comparison. B. Burçin Yurtoglu University of Vienna Department of Economics
Corporate Governance and Investment Performance: An International Comparison B. Burçin Yurtoglu University of Vienna Department of Economics 1 Joint Research with Klaus Gugler and Dennis Mueller http://homepage.univie.ac.at/besim.yurtoglu/unece/unece.htm
More informationFiscal Policy and the Global Crisis
Fiscal Policy and the Global Crisis Presentation at Koҫ University, Istanbul Carlo Cottarelli Director IMF Fiscal Affairs Department June 9, 2009 1 Two fiscal questions What is the appropriate fiscal policy
More informationSPANISH 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 informationEU-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 informationTim Payne Senior Partner, Head of Asia Brunswick Group. Striking Patterns and Trends Impacting Global M&A
Tim Payne Senior Partner, Head of Asia Brunswick Group Striking Patterns and Trends Impacting Global M&A Financial 1 The convergence of business, society & politics has created a more complex environment
More informationA GER AMWAY GLOBAL ENTREPRENEURSHIP REPORT WHAT DRIVES THE ENTREPRENEURIAL SPIRIT
A GER 2018 AMWAY GLOBAL ENTREPRENEURSHIP REPORT WHAT DRIVES THE ENTREPRENEURIAL SPIRIT S U R V E Y D E S I G N KEY FACTS OF THIS YEAR S SURVEY EDITION PARTNER RESEARCH INSTITUTE 8 th edition FIELDWORK
More information2018 Edelman Trust Barometer
2018 Edelman Trust Barometer State of Trust Among U.S. Hispanics #TrustBarometer 2018 Edelman Trust Barometer Methodology Online Survey in 28 Markets 18 years of data 33,000+ respondents total All fieldwork
More informationResults Fall Atradius Payment Practices Barometer. International survey of B2B payment behaviour Core results overall survey
Results Fall 2011 Atradius Payment Practices Barometer International survey of B2B payment Core results overall survey 2 Copyright by Atradius N.V. October 2011 Published by Atradius Corporate Communications
More informationOpen 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 informationAt 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 informationINTERIM MANAGEMENT STATEMENT QUARTER ENDED 30 SEPTEMBER 2011
INTERIM MANAGEMENT STATEMENT QUARTER ENDED 30 SEPTEMBER 2011 6 October 2011 Financial summary Growth in net fees for the quarter ended 30 September 2011 (Q1) (versus the same period last year) actual growth
More informationThe 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 informationReport on Finnish Technology Industry Exports
Report on Finnish Technology Industry Exports Last observation October 2018, 2.1.2019 Goods Export of Technology Industry from Finland Goods Export of Technology Industry from Finland by Branches Source:
More informationAging, 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 informationUP OR DOWN? 2015 Q3 NIELSEN GLOBAL SURVEY OF CONSUMER CONFIDENCE AND SPENDING INTENTIONS
UP OR DOWN? 2015 Q3 NIELSEN GLOBAL SURVEY OF CONSUMER CONFIDENCE AND SPENDING INTENTIONS Among the world s largest economies, U.S. consumer confidence jumped 18 index points in the third quarter to a score
More informationInternational 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 informationUK trade in goods statistics by business characteristics 2015
Coverage: United Kingdom Theme: Business and Energy Released: 24 November 2016 UK trade in goods statistics by business characteristics 2015 Experimental Official Statistics Media contact: HMRC Press Office
More informationINTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2012
INTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2012 12 April 2012 Financial summary Growth in net fees for the quarter ended 31 March 2012 (Q3) (versus the same period last year) Actual Growth LFL*
More informationGlobal Investment Trends Survey May A study into global investment trends and saver intentions in 2015
May 2015 A study into global investment trends and saver intentions in 2015 Global highlights Schroders at a glance Schroders at a glance At Schroders, asset management is our only business and our goals
More informationKPMG s Individual Income Tax and Social Security Rate Survey 2009 TAX
KPMG s Individual Income Tax and Social Security Rate Survey 2009 TAX B KPMG s Individual Income Tax and Social Security Rate Survey 2009 KPMG s Individual Income Tax and Social Security Rate Survey 2009
More informationForeign 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 informationThe Economics of Public Health Care Reform in Advanced and Emerging Economies
The Economics of Public Health Care Reform in Advanced and Emerging Economies Benedict Clements Fiscal Affairs Department, IMF November 2012 This presentation represents the views of the author and should
More informationQuarterly 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