NEws

الجمعة، 31 أغسطس 2012

British Economy

· We read every day in the newspapers about the companies suffer from bankruptcy due to its inability to obtain liquidity.

· Every day, we see many television shows that talk about factories closing their doors because of their inability to obtain loans for export. Every day we listen to radio interviews with small companies and came to the brink of collapse because customers may Saddle their belts.

· If you built your understanding of the British economy on what you hear and read in this moment, you'll feel depressed. But also would be inaccurate information.

· On the other hand, there are brief set of facts which offers About Britain's economy and the British public limited companies that run this misinformation.


Historical background and importance of trade

The Industrial Revolution began in Britain. Have focused on the textile industry and this resulted from the construction of the first textile factory. And led inventions in the field of transport, which was in the form of production of the steam engine to reach a situation in which the distribution of textiles to various parts of Britain. When increased production for domestic demand, export-headed Britain. In the nineteenth century Britain was Tattabrbmthabh factory of the world - and the British Products ready-made efficiently and was able to overcome any other market.

British economy was always based on the trade. It is a natural result when Britain a state based on the island, has a long legacy in the Navy, and strong relationships with the world. The area known as "Canary Wharf Canary Wharf", which is considered as a panel and a symbol commercially fantastic and a center for global finance, was several centuries ago a group of ports that link them products from all over the world, cotton and spices of the East India, and fruit from the Canary Islands. The British economy remains highly globalized and has the fourth order in terms of being one of the most open economies in the world. And the future of the British economy depends on him staying open economy.

Seriousness of trade protectionism

In times of economic hardship, it is tempting for countries to put obstacles in the way of trade artificially to protect domestic industries from the brunt of commercial competition. This technique is very dangerous for Britain. Continued economic success depends on the survival of the economy open while can not be any country in the world that self-sufficient.

The imposition of tariffs on goods and services of other countries creates a kind of artificial obstacles in the global economy and lead to the spread of poverty and inequality in income and living standards. And also it is not in the interests of Britain's economy, which has benefited greatly from its ability to export and attract foreign investment. Trade is essential for the prosperity of the global economy. And remains one of the basic ways open in order to increase production and growth. Remember, the political trade protectionism, which came after the economic collapse that occurred in the "Wall Street" in 1929 has led to the elongation of the Great Depression that happened after that.

Dispel misconceptions - Facts about the UK economy refute those ideas

There are many who still underestimate the extent of Britain their claim that the kingdom "has no industry." They are completely wrong ..

Britain is the world's sixth largest manufacturer in the world, and manufacturing accounts for more than half of its exports. In fact more than the size of manufacturing in Britain size in France and is characterized by high technical skill and quality.

There is an example of an aircraft Airbus A380 - the largest commercial aircraft environmentally friendly and the most sophisticated ever. Is producing more than a third of the aircraft in Britain: like wings and engine.

Yes, industries declined during the economic downturn in Britain, but they also fell at the global level. Industry in the UK has fallen from January 2008 to January 2009 at rates less than their counterparts in Germany, Japan and France.

Prior to the credit crisis has been manufacturing in fact two and a half times higher than it was in 1950. Manufacturing has been in Britain in growth over the past half century and not in decline.

Britain's economy is a great diversity based on a broad spectrum of industries. 75% of the Fortune Fortune five hundred companies have offices in London.

According to the Economist Information Unit, will remain Britain has one of the strongest business environment between all the major European economies until 2012.

The World Bank Britain ranked sixth in the world in terms of ease of doing business.

Between 1997 and 2007, GDP increased to Britain about 33%, compared to 12% in Japan, 17% in Germany, 26% in France, 32% in the United States.

Consider global economies to Britain with admiration and respect because of its engineering sophisticated; solutions to reduce carbon emissions; industries innovative; Science vitality; service industries; energy; research and development; Information Technology and Telecommunications; industries defense and security; and investments from abroad.

The important role played by the Organization of trade and investment in the UK

Organization of trade and investment in the UK is a government institution that supports both companies located in the Kingdom, which are international businesses and external projects that seek to establish offices in the UK.

The organization of trade and investment in the UK strengthening the capacity of exporters Kingdom by providing strategic advice, and political support in foreign markets, and the definition of persons principal who can be contacted for information or assistance, and assistance in overcoming barriers to market and increase the attractiveness of interest to companies abroad through a large body of research.

Research shows organization of trade and investment in the United Kingdom that companies Tsdraldaúa increases the likelihood of their ability to survive and overcome the odds by about 11%. And there is an opportunity with the depreciation of the pound, which makes exports from the United Kingdom higher value for what we paid the money. This provides an opportunity to establish new export markets for local companies that had an interest in locally only in the past. It also allows a great opportunity for existing exporters to consider in dealing with a more diverse markets including emerging markets.

The total estimates firms Britain to the value of additional profits that can be attributed to the assistance provided by the Organization of trade and investment around 3 billion pounds during the year 2007 to 2008, or 16 pounds additional profit per pound spent on providing business services to the trade and investment in the UK.

The organization of trade and investment investment multiplier works with international businesses located outside the UK and companies that have chosen presence in the Kingdom in all stages of the cycle decisions. Operates the global network of trade and investment organization, consisting of 2,300 employees in 99 countries to make sure to get companies investing guidance, support and assistance they need. And find those companies in the trade and investment in the UK partner who has worked with thousands of companies over the years and has a level can not be superiority of knowledge and experience.

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