Assessments of the U.S. economy confirm a growing trend of racial wealth disparity, which, economists say, bodes ill for overall economic health. The late Andrew Brimmer, Ph.D., the first African-American governor on the Federal Reserve Board, showed that discrimination reduces potential productivity throughout the economy, costing the country 3 percent to 4 percent of gross domestic product.
Emerging economies with a growing middle class and access to the Internet offer new opportunities for U.S. merchants who sell products online, e-commerce experts say.
The United States wants Caribbean and Latin American countries to be more effective in protecting intellectual property rights and related market access, moves that would give U.S. exporters a greater level of comfort when doing business with those countries.
U.S. Trade Representative Ron Kirk was among the first to cheer when the U.S. House of Representatives and the U.S. Senate voted in August to make critical changes to the African Growth and Opportunity Act (AGOA) and to the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR).
Senior Caribbean officials and business executives are promoting the region as a free-trade, emerging market economy whose growth rate is higher than that of Eastern Europe and Central Asia and more in line with that of booming East Asia.
Black-owned companies can take advantage of import, export and investment opportunities under the U.S.-Colombia Trade Agreement that entered into force on May 15. The agreement’s elimination of tariffs on a host of goods and services, as well as barriers to investment, make it easier and cheaper for Black-owned firms in the United States to do business in the South American nation, including with its large community of African descendants.
How Donna Walker-Kuhne, founder and head of a Brooklyn, N.Y., marketing firm, ended up in Russia teaching theater audience development is as much a lesson in the value of good client relationships as it is in the payoff from staying true to your passion.
Let’s say you have a great idea for starting a new business in Africa, but you’re not sure which country offers the best opportunity. You want an easy way to compare different countries in terms of the costs and ease of doing business. You want information about