Testimonials

RW Freight confirm in advance as to when import deliveries are going to be made.

Sweden Groupage Importer
53056

I would like to thank RW Freight for the very quick responses to my quotation requests for export groupage to Mattersburg, Austria and Moscow Customs Terminal Russia.

Moscow groupage client 61831

We had a lot of problems with other freight companies when arranging shipments, but we are very pleased that we used RW Freight Services for this shipment. If any other bookings need arranging we will not hesitate to use them again.

Sweden Full/Part Load Exporter
92287

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Greece’s poor export performance

Tags:


The lack of export growth in Greece has caused the recession there to be longer and deeper than in any comparable country.

In Asia, and in all the other countries of the European periphery, growing exports provided vital support to the economy, at least partially offsetting the reduction in demand from the government sector.
In the cases of South Korea and Thailand, five years after the financial crisis, exports had provided a contribution to growth worth about 25 percent of GDP.

In Asia, export-led growth was by the fact that the nominal exchange rate could adjust. Their currency was devalued, which made them more competitive.

Greece is the only country where exports did not make a positive contribution to growth after the financial crisis. IN fact, exports have fallen in real terms.