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To continue on a strong GDP growth trajectory, the country should work to raise its labor productivity.

    Languages spoken at home are not evenly distributed throughout the nation. Some areas have high percentages of speakers of non-English languages, while others have lower levels. The percentage of people who spoke a language other than English at home varied substantially across states; just 2 percent of West Virginians 5 years old and

Reprinted with permission from McKinsey Quarterly. Lower costs are an advantage for the country’s ready-made-garment industry, but challenges remain. In 2010, China dominated European and US markets for ready-made garments, accounting for about 40 percent of the import volume in each region. A recent McKinsey survey, however, found that 86 percent of the chief purchasing officers

ways to reduce translation costs   ways to reduce translation costs

Reprinted with permission from McKinsey Global Institute. Banks in Eastern Europe have had a roller coaster ride over the past decade.1 After dizzying growth between 2000 and 2007, when shares in the region’s top financial institutions performed better than those of their counterparts around the world, asset values slumped by two-thirds as the credit crisis of

The big multinational financial services institutions that are affected by the financial crisis have another issue to manage; addressing Asian consumers’ anxiety! As a result, the consumers in developing and developed Asian nations would prefer local banks over multinationals. According to McKinsey Global Institute, “Almost 81 percent of consumers in emerging Asian markets and 63

Did you know that: There is a 47.4% increase in trade between U.S. and Turkey for the period of Jan – July 2011 compared to the same period last year? Turkey has 71 million of the world’s consumers and per capita income is forecasted to grow at 7% over the next few years? Turkey’s imports

Transcription Services in Chicago Recorded language presents new obstacles for a native and non-native speaker. Whether its transcribing written materials into audio or vice versa, transcription demands an experienced linguistic expert to compose the written information into a clear, coherent dialect that makes uses of proper word choices and pronunciations to appeal to your specific

Advantages And Risks Of Partial Translations By José Lázaro da Silva I have worked as a professional translator for over twenty years in São Paulo, Brazil, and sometimes I feel that the translation work is not what it used to be. In the good old days, a translator would receive a full text of a

Once you have decided that you want to start exporting to BRIC countries, the next step is to decide where exactly to start at! Simultaneous expansion to all 4 countries should be undertaken only if you have significant resources at hand, otherwise it’s a smarter idea to tackle one country at a time. We tell