Tax & Accounting Blog

Global Trade Trends with Taneli Ruda: Mexico’s Auto Plan

Global Trade Trends with Taneli Ruda: Mexico’s Auto Plan

The automotive industry is the engine—the V8, 440-horsepower manual transmission engine with overdrive—of Mexico’s industrial growth, and this looks to be the new state of play for the famously export-dependent country. The relationship that the auto industry has with Mexico’s economy is strikingly balanced: There is a mutual dependence that exemplifies what free trade and … Read More

The Industry Needs a Comprehensive Information Management Solution

The Industry Needs a Comprehensive Information Management Solution

The Indian automotive industry is one of the most important contributors to the country’s economy, both in terms of growth and employment. The industry accounts for 45% of the country’s manufacturing GDP, 7.1 % of the country’s GDP by volume and employs about 19 million people both directly and indirectly. Currently, the Indian automotive industry … Read More

Korea’s Sluggish Trade and the Government’s Efforts to Boost This Slump

Korea’s Sluggish Trade and the Government’s Efforts to Boost This Slump

Current status of international trade in Korea Being the world’s sixth largest exporter, South Korea has a high level of dependence on exports for the economy. Recently though, the fiscal prospect of Korea’s economy for 2016 is dark, as exports are shrinking year-on-year from Jan. 2015 to Mar. 2016. In fact, Korea noted 15 straight … Read More