Impetus for Growth

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Politics and Nation

With that being the case, firms should view Brexit as an opportunity rather than a misfortune, as it will enable them to create a plan of action that can facilitate growth and allow them to do business in fast-growth regions and marketplaces they are yet to explore. Provided they treat delivery as a key part of their growth strategy.

AI technology promises to provide impetus to the Engine of growth – Chirag Boonlia

The trading relationship between the UK and the EU is in a state of limbo, both figuratively and literally. E-commerce brands should shift their focus to growth opportunities outside of the EU, as well as with key marketplaces like, Etsy, eBay or Alibaba.

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This may seem like a tall order for SMEs, but the businesses that do their due diligence and sort delivery operations accordingly will reap the rewards at a later date. Tapping into new marketplaces Brexit will force some logistical challenges within EU regions. With free trade between the UK and EU unlikely, new tariffs will be enforced when delivering to and from these countries, which will increase the cost for both customers and companies.

Moreover, businesses that manufacture or source products will need to consider regulation on a country-by-country basis, further lengthening the delivery process. As trading within the EU is set to become more demanding, organizations would be well-advised to start targeting strong marketplaces and emerging regions of rapid e-commerce growth, such as China, Russia and Brazil.

Upgrading gives strong impetus to nation's manufacturing industry -

Companies could see major growth to their business if they have the right approach and partner to help maximize their success in these regions. The hurdles Brexit will raise within the EU provide a real incentive for companies to explore international expansion. Ministers and officials do not seem to appreciate the well-established trade and development lessons of the last 70 years, which demonstrate that a higher customs duties hurt exports, and b also damage the competitiveness and efficiency of domestic industry.

How can we foster FM-commended global value chains when our import tariffs go up and down like a yo-yo?

What is Ludwig?

A far better and more effective instrument for promoting both exports and import-competing domestic production would be to reduce the current over-valuation of the rupee. It is no accident that our export growth and industrial expansion were most robust between and , when government and the Reserve Bank collaborated closely to monitor and prevent prolonged periods of such overvaluation.

China Review: Innovating a new impetus for global economic growth

Global experience across developing nations suggests that it would increase our vulnerability to external uncertainties and reduce our economic sovereignty. That is why this old proposal, repeatedly examined in the finance ministry over the last three decades, has always been rejected -- until now.

Another negative would be that such foreign borrowing to finance domestic governmental needs would tend to further strengthen the rupee, thus damaging exports and import-competing domestic production. It is ironic and sad that a swadeshi government is so keen to borrow in foreign currencies, on commercial terms, to fund its rupee expenditures. He teaches courses and seminars in these areas, as well as in marketing management, and product planning and development.

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  6. Hisrich serves on the editorial boards of several prominent journals in entrepreneurial scholarship, is on several boards of directors, and is the author or co-author of over research articles published in journals such as the Journal of Marketing, Journal of Marketing Research, Journal of Business Venturing, Journal of Developmental Entrepreneurship, and Entrepreneurship Theory and Practice. Professor Hisrich has also authored or co-authored more than 40 books.

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    His research interests include entrepreneurship, small business management, family businesses and venture capital investments. JavaScript is currently disabled, this site works much better if you enable JavaScript in your browser.

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