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Author: Subject: Emerging Markets Ride a Tide of Logistics Optimism
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posted on 3-5-2018 at 03:15 PM Edit Post Reply With Quote
Emerging Markets Ride a Tide of Logistics Optimism

Emerging Markets Ride a Tide of Logistics Optimism

Global logistics and trade executives are more enthusiastic about the business opportunities to be found in emerging markets than they are concerned about the political and economic turmoil found in these places, according to results of a survey of more than 800 industry executives as reported in the fifth annual Agility Emerging Markets Logistics Index. Seventy four percent of logistics professionals view prospects for emerging markets as or good for 2014, despite signs that growth is slowing in China, stalled in Brazil and India, and uncertain in other countries that could suffer if the United States reins in monetary stimulus, as expected.

Another factor that moves counter to this prevailing optimism is that the International Monetary Fund and the Organization for Economic Cooperation and Development have cut 2013 2014 global growth forecasts, citing concerns about emerging markets. monetary policy.

The 45 countries featured in the Index were projected to grow at an average of 6.2% in 2013. economy expanded 2.9%, while the European Union grew 1.4%, according to IMF projections.

industry confidence in emerging markets shows that logistics executives take a long view and see beyond today headlines, said Essa Al Saleh, President and CEO of Agility Global Integrated Logistics. the past, currency pressures, investor jitters, political instability or a pause in growth was a major setback that undermined confidence about other emerging markets. This time, the industry is staying focused on their enormous potential. and Europe, said John Manners Bell, Chief Executive of Transport Intelligence, which compiled the Index. need to meet the rising needs of these markets is a great opportunity for logistics providers, but it will also prove a bumpy process as economic, political and other risks will need to be navigated carefully. The BRICs China, Brazil and India three of the so called BRIC countries, along with Russia dominate most discussions about emerging markets because of their size. They rank at the top of the Index again this year, but all three experienced erosion in their raw Index scores, suggesting that they need to take steps to improve their business climate and make additional investment in infrastructure.

Despite a troubled economy, cheap supreme hoodie Brazil knocked India out of the No. 2 spot. India fell to No. 4, below Saudi Arabia, amid concern about chronic economic problems, lack of clear direction on the economy and a weaker rupee.

probably says as much about India weakness as Brazil strength, Al Saleh said. face tough choices. Brazil has shown more willingness to make them, perhaps because policymakers feel pressure as the country gets ready to host the 2014 World Cup and 2016 Summer Olympics. India continues to put off difficult decisions. Strength in the Gulf Gulf countries Qatar, UAE, Oman, Saudi Arabia and Kuwait, along with nearby Jordan, dominate the Market Compatibility portion of the Index, which looks at whether conditions are favorable for cheap supreme shirts business and trade.

Among the largest emerging economies, no country has improved its position as much as Saudi Arabia, which climbed to No. 3 in the 2014 Index from No. 9 five years ago. Saudi Arabia is in the midst of an unprecedented public spending binge, building and expanding airports, roads, ports, universities, industrial complexes and other infrastructure in an effort to diversify, lessen dependence on oil, and create jobs for millions of young Saudis.

Qatar and Oman joined by Chile make up supreme clothing for sale cheap an elite group in the Index. They are relatively small economies (annual GDP of less than $300 billion) that outperform both their peers and larger emerging economies based on the strength of their accessibility, their vibrant service sectors and world class transportation infrastructure.
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