Word: exportability
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...authorities, businesspeople and even Acurio's competitors in Peru are cheering him on, hoping to cash in on an eventual boom in Peruvian food. Luis Kiser, head of the Peruvian Franchise Chamber, believes that the country's cuisine will put Peru on the map, opening the door for the export of other products, from multicolored potatoes to pisco, a local brandy. "Mexico got jalapeños and tequila on shelves in stores in the United States, with food leading the way," he says. "Peruvian food is the tip of the iceberg for everything we have to offer...
...Diversify Japan Inc. Japan must finally abandon the script it followed to become an industrial superpower. The global economic crisis has exposed the country's overdependence on its manufacturing-for-export model. GDP in the first quarter plunged a staggering 15.2% as demand evaporated for cars from Toyota, Honda and Nissan and for high-end electronics from Sony and Panasonic. Japan can no longer expect economic growth to be generated almost exclusively by a handful of powerful multinational manufacturers. Increased domestic consumption as well as investment in small- and medium-sized enterprises are needed to help drive economic growth. This...
Hatoyama will have to get the budget under control and help shift Japan away from the export-oriented economic growth that served it so well in its golden age of the 1970s and '80s. To accomplish that, Japan needs to boost domestic consumption. But its people will spend only if they feel economically secure, which is why thoroughgoing reform of the pension, health-care and unemployment systems is vital. Japan's current social-security programs hark back to an era of guaranteed jobs for life, which places unsustainable financial burdens on companies and individuals...
...these days, after a series of violent assaults and robberies on Indian students over the past 18 months that have strained relations between Australia and India, triggered riots and mass protests in Sydney and Melbourne, and threatened Australia's $15 billion international education sector - the country's third biggest export income earner after coal and iron...
...Both cut their teeth in the liquor industry - Galsworthy as a sales-and-export executive with Fullers Brewery and Hall as a strategist with Diageo - before setting up their new independent distillery label, Sipsmith. Their knowledge of the drinks business, combined with a passion for distillation, helped them spot a niche in the U.K. market for microdistilleries producing small-batch artisanal spirits. "We wanted to bring back the art of handcrafted spiritmaking," says Galsworthy. "So we developed a business plan, quit our jobs, sold our houses and went on the hunt for the first distiller's license granted in London...