LOGISTIC IIECONOMY IN 2017MEMBERS:MICHELLE SIGUENZAANDREA SOLORZANOGHISLAINE ESPINOSAKELLY TANDAZOROXANA CORREAMADELYNE SOLEDISPAMARILYN MARTINEZJENNIFER MEDRANDA

GRADE :10

The global economy is in the midst of a decade long slow

growth environment characterized by an

imminent productivity growth crisis.

The looming labor shortage in mature economies and

skill deficiencies in emerging markets will add further

challenges to global economic prospect.

Global growth lacks demand drivers and potential output

is likely shrinking while uncertainty is increasing.

What is the growth outlook for major economies and core regions in 2017 and

beyond?

The Conference Board Global Economic Outlook will examine

the role of increasing uncertainty and risk factors for investment and growth in the medium and longer term in different parts of the world.

It will also analyze if the information and

communication technology sector growth will come to rescue the slowing global

economy in the next decade.

The 5 Biggest Challenges the Global Economy Faces in 2017

Commodities recovery reverses

Having already annihilated economic growth in Brazil, Russia, Nigeria, and other previously considered rising star economies in 2016, commodity prices will only see a modest recovery in 2017, according to the IMF’s October report.

Tighter fiscal policy weighsThe IMF’s October report predicted fiscal policies in developed economies would tighten even further in 2017, despite

calls for increased government spending to drive growth.

Monetary policy reaches its limitsA phenomenon arguably already unfolding as central banks reach the limits of the expansionary monetary policy tools at

their disposal, 2017 may be the year some have to face the music.

Brexit and European instabilityWith national elections set for France, Germany and the Netherlands in 2017, each of which feature a far right candidate,

there is potential for economically damaging protectionist policies in the Eurozone.

A protectionist presidentThe International Monetary Fund has warned that rising populism and protectionism have correlated with stagnating

economic growth. In its latest “World Economic Outlook,”

SHIPPING BUSINESS PREDICTION FOR 2017

The world economy will grow by 2.8% next year, an improvement with respect to 2016, but the sixth consecutive year that global economic activity remains below 3%.

The main growth in shipbuilding will come from Asia-Pacific countries. These nations are well positioned to supply ultra-large vessels, which shipping companies are increasingly demanding for their fuel efficiency and economies of scale.

On-Demand economy is driving

the need for transportation

operation.

The global container ship fleet will grow

around 3.1 percent in 2017,  (compared to

1.1%) a level of growth faster than

2016

The number of new vessels coming into

service, comparing to 2016, is much less in

2017.

• Three of Japan’s largest container ship lines, have agreed to establish a new joint venture company by approximately July 2017.

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

Mitsui O.S.K. Lines Ltd.

(MOL)

Nippon Yusen Kabushiki

Kaisha (NYK

http://www.joc.com/maritime-news/container-lines/container-ship-fleet-growth-expected-accelerate-2017_20170103.html

http://www.lloydsloadinglist.com/freight-directory/news/Container-ship-net-fleet-growth-to-be-stronger-in-2017---BIMCO/68338.htm#.WHLd2vN_Okp

http://www.morethanshipping.com/container-shipping-summary-2016-brief-expectations-2017/ (MTS LOGISTICS)

http://blog.chrobinson.com/global-transportation/3-major-japanese-container-shipping-lines-to-consolidate-by-july-2017/

SOURCEShttps://www.conference-board.org/economic-outlook2017/

http://nationalinterest.org/feature/the-5-biggest-challenges-the-global-economy-faces-2017-18144

http://nationalinterest.org/feature/the-5-biggest-challenges-the-global-economy-faces-2017-18144