THE ECONOMIC PREDICTIONS IN THE WORLD FOR 2017

STUDENTS :

MA. LOURDES LEÓN ANAIS MACÍAS

NICOLE NARVÁEZMAYRA FREIRE

MIGUEL BENAVIDEZPEDRO SOLEDISPA

LECTURE: M A X GA L A R Z A

Grade:10

GLOBAL OUTLOOK FOR 2017The expectation that the new US administration promulgate important fiscal stimulus has raised optimism about US growth and global growth from 2.5% in 2016 to 2.8% in 2017 and will exceed 3.1% in 2018.

On this side of the Atlantic, the US economy is expected to gain momentum thanks to the improved confidence of both companies and consumers. The eurozone faces huge political challenges that

could hurt next year's confidence and growth, including the materialization of Brexit

Prices of raw materials will continue their upward trend.

At the same time, emerging markets will improve their behavior despite recent financial market pressures

Consolidation and elimination of transport companies that can not adapt fast enough to changes

Emerging transport leaders that can rapidly adopt new technologies that will enable them to become demand-drivw

Emergence of ‘sharing-economy’based transport companies that own no assets but thrive on the newly created excess capacity are in fact driving more inefficiency into the industry

On-Demand economy is driving the need for transportation operation.

On- Demand means customer can get what they want at time and place they want it.

Consumers are demanding goods when and where they want them and are ordering at last minute. Manufacturing needs to be faster and more dynamic and trasport need to be faster and more dynamic.

SHIPPING BUSINESS PREDICTION FOR 2017

SHIPBUILDING INDUSTRY SET TO PICK UP AFTER 2017

Despite a marginal deter ioration in the growth out look for the g lobal sh ipbui ld ing industry, annual ized five-year growth rates for the sector are stil l forecast to reach a healthy 3 to 5% accord ing to Castro l Mar ine Trade Barometer.

“The main growth in sh ipbui ld ing wi l l come from Asia-Pacific countr ies to 2019. These nations are wel l pos itioned to supply u l tra- large vesse ls , which shipp ing companies are increas ingly demanding for the ir fue l efficiency and economies of scale .

“Many As ia-Pacific nations have rapidly developing ports , improving infrastructure, low-cost communications and access to potential new customers v ia valuable sh ipping trade routes . This p laces them in a strong pos ition for growth,”

CORRELATION BETWEEN WORLD ECONOMY AND SHIPPING BUSINESS

Shipping business is essential to the world’s economy as over 90% of the world’s trade is carried by sea and it is, by far, the most cost-effective way to move in masse goods and raw materials around the world.

Moreover, IMO’s rules and standards are accepted by Governments and the global shipping industry because they: Provide a single, universal framework governing maritime

operations Ensure the efficient, safe and environmentally fr iendly carriage

of global trade. Help to develop a global partnership.

Sources http://worldmaritimenews.com/archives/179125/shipbuilding-industry-set-to-pick-up-after-2017/

http://www.eleconomista.es/economia/noticias/8022767/12/16/Las-10-predicciones-economicas-para-2017-segun-la-consultora-IHS-Markit.html

http://www.inddist.com/