The Report of Expansion Bank of Queensland Business in Thailand Analysis

The global GDP is expected to grow 3.2% in 2011. The financial crisis is no longer setting the pace for developing countries. (The World Bank Group, 2011) Developing countries are close to having regained full-capacity levels. The global crisis is slowly coming to an end. (The World Bank Group, 2011)There are many factors still playing a role in countries such as Japan with the tsunami. (The World Bank Group, 2011) However, it appears the global economy is on a upward slope.

In general, the global economic outlook remains weakness in 2015. The growth in emerging market and developing economies is still more than 70% of the global growth, but it declined for the fifth consecutive year, whereas, the developed economics continue a moderate recovery.

The current macroeconomic situation in the United States is making a significant improvement due to the increase of productivity, 4.6 percent economic development, and with unemployment at 5.3 percent. But despite these positive results, many difficulties are still incoming locally and worldwide.

The population of the Asia region of the world contributes a massive amount of exporting goods, and global business as a whole. The sheer number of people consuming goods that must be imported to support the large population force the need for trade with other regions. The demand for resources is high and the need to develop strong trade relations with other countries is vital to the continued growth and success of Asian countries.

Emergence of the Asian markets as strong and influential participant in the world trade has transformed the market place.

The current rate of GDP growth, according to the Bureau of Economic Analysis, is 2.7% (for Q3), and it was 1.3% in Q2 of this year. This rate reflects relatively slow growth, with challenges remaining in the domestic market and with sluggishness in Europe suppressing exports to that region. The rate of GDP growth is predicted to slow to a decline of 0.5% between Q4 2012 and Q4 2013, the US re-entering recession, according to the Congressional Budget Office's projections. These projections are based on the provisions of the Budget Control Act being enacted, though any observers are doubtful that this will occur.

In the Middle East there is a high level of disposable income which makes the potential growth rate very high in this region. There is also expected to be a high demand for computers which makes this market very attractive. N-Tech is excited to see the growth in this region. We are expecting high demand with a lot of growth coming in the next few quarters. With the disposable income the Middle East is expected to have, we will make sure we are meeting the demand and needs of this region. In Latin America, they are predicting for the economy to grow and outperform most of the industrialized nations. Latin America seems to be growing in the overall market and staying strong. Africa had a recent discovery of oil which will likely give the economy a boost. The growth rate in Africa is expected to climb in the next few quarters.

this trade agreement fully takes effect (Trans 2014). In regards to the Asia Pacific region, “The region is home to 40% of the world’s population, produces nearly 60% of global GDP, and includes some of the fastest growing economies in the world (Williams 2013).” Also, trade with United States of America is “…the equivalent of $1.6 billion a day in goods--… (US 2013).” In addition, “The United States is Canada's largest foreign

John Greenwood authored an article entitled “Annual Economic Outlook 2013” which provided the following macroeconomic indices forecast for 2014 for seven (7) leading economies in the world. The speed at which developed economies can repair their balance sheets is most critical to the household and financial sectors of the US, Eurozone and UK economies. How effectively the developed economies can address the problems of government sector debt will also have a major impact on economic growth.

The Bank of Thailand Regional Offices, including the Northern, Northeastern and Southern Region Offices, are under the management of Planning and Budgeting Group. These offices monitor illegal financial activities and status of business groups in their respective regions. Also, they supervise the finance industry and protect consumers in those regions.

Global economic uncertainty has increased and major economies have slowed down. At present, the world economy continues to undergo great changes, from the remarkable British "off the European" referendum to the volatile exchange rate, and the global economy uncertainty continues to increase. China economy has entered “new normal”, with GDP growth rate slowing down.

In early October, the International Monetary Fund (IMF) released three reports: Financial Monitor, Global Financial Stability and the World Economic Outlook. Overall, the IMF reported a very uneven economy. There is some good news: the risks associated with the short term appear to have been mitigated; the shock of Brexit has been largely contained by the market and commodity prices, which were depressed, have begun to climb. Even China 's downturn has been largely controlled by policy measures designed to shore up growth. Taken in sum, the IMF reports a growth of 1.6% in advanced economies and 4.2% growth in developing and emerging economies.

The global economy has always been a topic of discussion, whether the discussion is about its improvement or disintegration. Coming out of the 2008 recession, there was little hope for an improvement in the global economy, and citizens of the world were less than optimistic about growth opportunities. That being true, it appears that most individual economies have reached a near-stable state, in which they are not oscillating much; but whether that can be expected to last is now the question on economists’ minds. There is argument as to whether or not to expect the economy to crash this year, 2016, and why it would or

With a better globalized economic environment, it looks like that the global economy is going through a period of constant rising and

Improving the value of exports is the primary goal of Thailand’s international trade policy. The Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) was established as an effective cooperative strategy for gaining market advantages through regional market integration. Thailand aims to capitalize on trade agreements by networking and entering partnership with neighboring countries. Currently, Thailand’s cross-border trade in the Greater Mekong Subregion (GMS) plays a crucial role in globalization, because it facilitates rapid and convenient trade and investment. Countries seek new export markets to disperse the risk of domestic market concentration, as evidenced by the economic recessions affecting