While the rest of the world scrambles to overcome the current global recession, the Philippines has been experiencing record levels of economic growth. The island country has benefited greatly from increases in government efficiency, as well as a crack down on political corruption. The gross domestic product of the Philippines has grown 6.4 percent in the first quarter, which surpasses the performances of all other neighboring economies except China, and its currency, the peso, has reached record heights in the past four years when compared to the dollar. As a sign of the country's unprecedented economic progression, the Philippines has pledged $1 billion (USD) of its $70 billion in reserves to the International Monetary Fund to aid the European Union, which is the same fund that rescued the country in the 1980s.
globalEDGE Blog - By Tag: public-services
Lately, Qatar has been working hard to become a distinct country with a refreshed vision. As a matter of fact, its leadership has begun implementing a plan which will help the country arrive at significant goals and transform by the year 2030. In a conversation between Doug Barry, a U.S.-based International Trade Specialist at the Commercial Service and Dao Le, a Qatar-based U.S. diplomat, some of the opportunities for United States Businesses were outlined.
A couple of days ago we posted a video on the importance of innovation, but it left me wondering: who's best at it?
Luckily, a survey done by the Boston Consulting Group, working with the National Association of Manufacturers' Manufacturing Institute, seeks to answer just that question. They rank the top 30 most innovation-friendly countries on the basis of government policy and real business results.