|Ms.Shanna Dietz Surendra introducing|
Age" with US Consulate,Chennai.
McKinsey Global Institute prepared a report
on cross border flows like trade of goods & services,flows of finance,the movement of people,and the growing flow of data and communications for 195 countries.
|Dr.Susan Lund Addressing the gathering.|
Dr.Susan Lund,Partner, Mckinsey Global
Institute (MGI) ,business arm& economics research arm,Washington,D.C addressed the invitees.
Dr.Susan Lund's research focuses on global financial markets,labour markets & on economic growth.The report says over 40% of goods & services,40% of finance of global business
is going to be cross border flows in 2025.Global flows of goods & services & finance which
reached $25.9 trillion in 2012 may triple say $85 trillion by 2025. She observed that
India's exports of 16% of GDP must improve as the oppurtunities are big.
India is 11th largest goods trading partner with USA with $63.7billion
(total-both ways) goods trade in 2013.