To guarantee this technological leap linked to international trade, we need to implement a strategy based on three pillars: 1) digitalisation, 2) the development of digital payment systems and 3) the strengthening of the logistics sector. Without one of these factors, the internationalization of companies cannot be completed, in a world that always gives more room to digital forms of trade, even cross-border.
Start-ups should be getting more attention for their contributions to employment. According to Tim Kane (Figure 1), startups create most new net jobs in the US. Between 1977 and 2005 they contributed nearly all the roughly two million to three million new jobs created every year.
My speech at the 85th Anniversary of Ispi institute in Milan: 1) what are the redistributive effects of free trade; 2) why I insisted so much for the signing of MoU on BRI; 3) which is the dominating theory, Krugman or Ricardo?
Built by Ficantieri at its Monfalcone shipyard, she will offer Chinese clients the best of Italy, strengthening Costa’s leadership in China. The ship is part of an expansion plan that includes 7 new ships arriving for the Costa Group by 2023, with an investment of over 6 billion euros.
The main problem that the world faces today is that the West sees China as a world economic power, which is true if we look at aggregate figures of GDP. However, China, while being an important, key player in the world economy, is comprised of people whose income per capita is very low by European standards. We are analyzing how to include Italian ports as the western terminal of the new Silk Road for international shipments. Our northern ports are right in the middle of Europe, and our southern ports are essential for the development of Mediterranean and African economies.