“American contractors receive a fraction of the export financing that their counterparts in developing countries can expect from their governments. As of the middle of 2011, the financing offered by the BRIC countries (Brazil, Russia, India, and China) to their exporters was larger than the combined assistance given to their competitors in the G-7 countries.”
Source: Bridge to Nowhere, Foreign Affairs Magazine Nov/Dec 2013
“Equally striking is the growth in purchasing power of the middle class. Globally, demand from the middle class may grow from USD21 trillion to USD56 trillion by 2030. Again, over 80 percent of the growth in demand comes from Asia.”
Source: OECD, The Emerging Middle Class in Developing Countries, 2010 (page 27)
“Eighteen of our top-twenty trading partners were once major recipients of U.S. development assistance. If the United States fully partners with the U.S. private sector and host governments in ways that are inclusive and responsible, today’s developing nations will likewise become trading partners, and the United States will gain economic, political, and security benefits that will help ensure American global leadership for decades to come.”
Source: A Report of the CSIS Executive Council on Development Our Shared Opportunity A Vision for Global Prosperity. Publication. Washington, DC: CSIS, 2013. Print.
“Policies to improve customs procedures could lead to gains of hundreds of billions globally and about $6 billion in sub-Saharan Africa, while improvements in port efficiency could lead to even greater financial gains.”
Source: Overseas Development Institute, June 2013
“From 2006-2010, China issued over $203 billion in new medium- and long-term export credit financing, an amount four times invested by the United States in absolute dollars, and ten times more as a share of GDP… In part because of its efforts to aggressively support its exporting companies, China has become the world’s largest exporter.”
“The share of developing countries in global trade rose from 33 percent to 48 percent since 2000.”
Source: World Trade Organization World Trade Report, 2014
“The share of trade in parts and components between developing countries has quadrupled over the last 25 years. Services play a central role and constitute more than one-quarter of exports from developing countries.”
Source: World Trade Organization World Trade Report, 2014