THE PROJECTED DOWNTREND IN THE WESTERN EUROPEAN MARKETS AND THE USA.
The projected downtrend in the manufacturing sectors, despite money availability and acknowledge growth in the western European markets and the USA markets has been likely to target industries in various fields and affect long term developement and progress.
These down trends have not been attributed to less efficiency, or inability of the industries owners in the western European markets and the USA markets, but rather the systematic closer, or the outsourcing of the manufacturing industries and the experts to foreign countries, while the population growth and the requirement for upgraded services have been on the rise. This phenomenon, or whatever this down trend may be called has been obvious in the manufacturing sectors, the airtransport, locomotion and in the money markets businesses. However, countries like China and others have claimed they have outpaced major economic markets in growth such as Japan, the USA and Europe, due the mentioned down-trend Phenomenon.
Written by Godfrey Ohia.
Monday, August 16, 2010
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