There are 33 CIBERs within the United States. These Centers for International Business Education and Research (CIBERs) were created by Congress under the Omnibus Trade and Competitiveness Act of 1988, the purpose being to increase and promote the nation's capacity for international understanding and competitiveness.
globalEDGE Blog - By Tag: competitiveness-series
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Did you know that only 14% of children who live in Latin America receive a private education? As with many parts of the world, education and economic status go hand-in-hand in this region. Recently, large companies have viewed Latin America as a unique test bed to join business with social issues for the benefit of children’s education. Microsoft has come alongside organizations whose goal is to provide one laptop per child throughout Latin America. This is just the tip of the iceberg in growing education, technology and human capital concurrently in a part of the world that is considered an emerging market.
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Free trade agreements (FTAs) have long been in controversy. By some they are hailed as the end all be all of economic growth, while others view them as a tool for the strong to exploit the weak, or a hindrance of worker’s prosperity. While there are degrees of truth to both arguments, the fact remains, trade increases, economic activity increases, and average wealth increases. FTAs need to be utilized with caution however, as many industries in many countries are not up to the competitive standards of the established powerhouses of developed countries. In addition, first-mover advantages often need to be cultivated in insulated environments where kinks in production can be removed and experiments explored without loss of the initial advantage. All of that being said, FTAs drive competition, and competition, in the end, is the best driver of economic growth and innovation.
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With the Americas Competitiveness Forum in full swing now, and globalEDGE dedicating an entire blog series towards international competitiveness, there is definitely a lot of attention on the subject here. But what exactly is “competitiveness” and how can a country change how “competitive” their economy is in the global market place? That is where this particular blog comes in play: to give a brief answer to both of these questions.
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The fourth annual Americas Competitiveness Forum is happening right now in Atlanta, Georgia. Representatives from countries all over the Americas will be there to give updates about their country and region and brainstorm improvements for export collaboration across borders. This event has over 1,000 participants including government officials, educators, trade experts, and business leaders and is the foremost economic and commercial event in the Western hemisphere. Its main focus is on the competitiveness of companies within the region and trade facilitation and border clearance. There are numerous of different topics that will be discussed but the four main themes of the conference are:
- Innovation and green technologies
- Education and workforce development
- Entrepreneurship and small business development
- Trade facilitation, border clearance and supply chain logistics
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Government, business, and academic leaders are coming together this week from throughout the Western Hemisphere to discuss the pursuit of competitiveness and innovation in the Americas. These distinguished representatives will discuss trends, ideas, and best methods that have been utilized to stimulate economic activity in the region. The Americas Competitiveness Forum (ACF) is being held in Atlanta, Georgia and will be hosted by United States Secretary of Commerce Gary Locke and Atlanta Mayor Kasim Reed. This week’s blog series will dig deeper into the goals of this conference as well as analyzing the state of competitiveness in businesses around the world.