Mexico – Primal Group

A Boost in Confidence for the Global Economy

The World Bank has published their latest flagship report on the state of the global economy – Global Economic Prospects, 2017. Here’s what you need to know:

Be Cautiously Optimistic

Increased manufacturing and trade, rising market confidence and stabilizing commodity prices around the world have the World Bank pegging their global economic growth forecasts at 2.7% in 2017. While this will be the fastest rate of growth seen in the last seven years, long-term global economic prospects remain clouded by political uncertainty and renewed financial market turbulence.

Accelerating Global Economic Growth

Source: World Bank (2017)

Think Carefully About the Revival in Global Trade

Healthier industrial activity, investment and commodity prices fueled a revival in global trade growth to 4% in 2017, from a post-crisis low of 2.4% in 2016.…

The Vastness of 21st Century Agriculture is Falling Short

Our global food industry sustains more people, with increased efficiency and a lower cost than any other period in human history. The problem is that big food continues to have an astounding influence on global health and the environment.

Through agricultural innovation and industrialization, the majority of the global food supply has now found itself under control of a select few major corporations around the world. The increase in efficiency is nothing short of impressive. The fact that California-based Earthbound Farm can harvest 10,000 pounds of lettuce per hour using a crew of only 12 people is simply astounding, especially considering that not so long ago this same production capacity would have taken a 40-person team the entire day.…