Everett Roundtable Presents:
Upping Our Game in Foreign Direct Investment
Managing Director, Business Development, Washington State Department of Commerce
Suzanne Dale Estey
President & CEO, Economic Development Council of Seattle and King County
President, Trade Development Alliance of Greater Seattle
Program Manager, Puget Sound Regional Council
Tuesday, February 24, 2015
8:00am – 9:30am
Everett Community College
2000 Tower St.
Jackson Conference Center (JKC 106)
Admission is complimentary
As the rest of the world economy grows, so do Greater Seattle’s prospects abroad, whether it is increased export of goods and services to a growing global middle class or attracting foreign capital, companies, and talent to the Greater Seattle region. While the U.S. remains a key driver in the global economy, statistics show that role is now shared with a number of other countries around the world:
• 79% of global economic growth will occur outside the U.S. between 2013 and 2018 (IMF)
• Asia’s share of the global middle class will increase to 66% by 2030. The U.S. share will only be 7% (Brookings Institution)
• The U.S. share of global FDI has decreased from a high of 45% in 1984, to 12% in 2012. This is not necessarily a sign of declining U.S. attractiveness for investors, but a clear indication that global economies are maturing and becoming increasingly sophisticated
This program will discuss the Greater Seattle Trade & Investment Plan, an effort to capitalize on these growing opportunities and increase Greater Seattle’s competitiveness in global trade and investment.
In April 2014, Greater Seattle was one of six metropolitan areas in the U.S. selected participate in a nine-month long Chase Bank – Brookings project to create a regional plan for increasing FDI and exports. The Global Trade & Investment Plan was written with guidance and input from economic development councils, Washington State Department of Commerce, cities, counties, ports, education, private industry, industry associations and others. For information about the Brookings initiative, visit http://www.brookings.edu/about/projects/global-cities/exchange.
With thanks to: