With almost 95 percent of world consumers outside America's borders, exporting is an important way for small business to scale up and create the jobs that America needs now. Now, more than ever before, small business owners can access these overseas markets with the click of a button thanks to globalization, Internet communications and export finance programs made more simple and easy to use by the Obama Administration.
During the past 12 months, Puerto Rico’s economic activity has gained ground, as the recession is no longer deepening. This scenario is in addition to the appearance of the first signs of an early recovery stage — albeit moderate — and seeing the first pieces of evidence indicating that the recession is over.
One of the many consequences of globalization, and of the technological change that to a significant extent made it possible, is that the meaning of terms used in economic development has changed.
A Dow Jones/Factiva content provider since 2014
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