North America`s premier transportation corridor coalition promoting a

NASCO
North America’s premier transportation corridor coalition promoting a
sustainable, secure and efficient trade & transportation system
NASCO Purpose
NASCO’s mission is to increase economic
development and competitiveness along the
NASCO Corridor Network through promotion of
a sustainable, secure and efficient trade and
transportation system.
NASCO supports multi-modal infrastructure
improvements, technology / security
innovations and environmental initiatives,
and stimulates the dialogue between the public
and private sectors about critical trade and
transportation challenges.
NASCO Focus Areas
• Transportation/Supply Chain Security and Efficiency
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Federal Grants and Pilot Projects
CTIP / Dynamic Mobility
North American Inland Port Network (NAIPN)
Advocacy and Local / Regional Projects
• Sustainable, Green Corridor
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Commission for Environmental Cooperation (CEC) Partnership
EPA Smartway and Blue Skyways Collaborative
NGV Coalition – NASCO Corridor model
• Logistics Workforce Development
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Logistics Training Program with Workforce Solutions
NASCO Educational Consortium
International Trade Center - Small Business Development Center
US Department of Commerce (Export / Import Programs)
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NASCO Mexico Committee
Leaders’ Summit and Leadership Meetings
NASCO Corridor Regional Meetings
The NASCO Report and www.nascocorridor.com
Global Growth 2030
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The 2007 World Bank Report titled "Global Economic Prospects: Managing the Next
Wave of Globalization," said international trade in the world economy will rise from
25% of the world Gross Domestic Product at present to more than 33% of the world
economy.
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The report's 'central scenario' predicts that the global economy could expand to $72
trillion U.S. in 2030 from $35 trillion U.S. in 2005.
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“This outcome represents only a slight acceleration of global growth compared to the
past 25 years, but it is driven more than ever before by strong performance in
developing countries," said Richard Newfarmer, the report's lead author and
Economic Advisor in the WB Trade Department.
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"While exact numbers will undoubtedly turn out to be different, the underlying trends
are relatively impervious to all but the most severe or disruptive shocks.
Import demand in developing countries
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Import demand from developing countries is emerging as a locomotive of the global
economy," the report said.
Continuing integration of markets will make jobs around the world more subject to
competitive pressures.
"As trade expands and technologies rapidly diffuse to developing countries, unskilled
workers around the world — as well as some lower-skilled white collar workers — will
face increasing competition across borders," he explained.
"Rather than trying to preserve existing jobs, governments need to support
dislocated workers and provide them with new opportunities. Improving education
and labor market flexibility is a key part of the long-run solution."
According to the report, globalization could spur faster growth in average incomes in
the next 25 years than during 1980-2005, with developing countries playing a central
role.
Hundreds of millions new Middle Class
• "By 2030, 1.2 billion people in developing countries—15
per cent of the world population—will belong to the
"global middle class," up from 400 million today.
• This group will have a purchasing power of between
$4,000 and $17,000 per capita, and will enjoy access to
international travel, purchase automobiles and other
advanced consumer durables, attain international levels
of education, and play a major role in shaping policies
and institutions in their own countries and the world
economy.
Texas exports more than all U.S. States
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In 2010, U.S. surface transportation trade with its North American trade partners
Canada and Mexico shot up a record 24.3% over 2009, the U.S. DOT confirmed in its
2010 trade report.
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The 2010 increase was the largest annual percentage gain since the began tracking
the data in 1994, when the North American Free Trade Agreement (NAFTA) entered
into effect.
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The State of Texas, the No. 1 exporter among U.S. states, became the first U.S.
state to record $100-billion-plus in trade with any other foreign nation - in this case
Mexico, it's southern border neighbor and leading trade partner.
In 2010, Texas did $114.5 billion in trade with Mexico, upwards of 40% of that trade
covering cars and components for the North American auto industry, analysts said.
Trade among the North American Free Trade Agreement partners increased to $791
billion in 2010, the DOT said. That total remained lower than pre-crisis peak of
calendar 2008, which totaled $829.8 billion, the DOT said.
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The rise of Mexico
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Goldman Sachs research on the 2007 Next 11 Emerging Markets
(after its famous 2003 BRIC grouping of Brazil, Russia, India and
China) places Mexico at the head of the pack.
The Next 11 Report forecasts Mexico’s -- GDP already at $1.25
trillion USD and No. 13 in the world -- ahead of all G-7 nations
(except USA) – including Germany – by 2038.
Goldman Sachs forecasts that the Mexican economy will become
the world’s 5th largest economy by 2050.
The criteria that Goldman Sachs used were macroeconomic
stability, political maturity, openness of trade and investment policies
and the quality of education.
Mexico surpassed Canada in 2011 as supplier to the USA’s
automobile production industry in a significant historic milestone.
Mexico in perspective
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Of the N-11 emerging nations, only Mexico, Korea and, to a lesser
degree, Turkey and Vietnam, have both the potential and the
conditions to rival the current major economies or the BRICs (Brazil,
Russia, India, China) themselves.
Goldman Sachs argues that the economic potential of Brazil,
Russia, India, Mexico and China is such that they may become (with
the USA) the six most dominant economies by the year 2050.
Due to Mexico's rapidly advancing infrastructure, increasing middle
class and rapidly declining poverty rates it is expected to have a
higher GDP per capita than all but three European countries by
2050.
This new found local wealth also contributes to the nation's
economy by creating a large domestic consumer market which in
turn creates more jobs.
Mexico in 2050
Mexico in 2050[13]
GDP in USD
GDP per capita
GDP growth (2015–2050)
Total population
Mexico in 2050[13]
Mexico
$9.340 trillion
$63,149
4.0%
148 million
D/FW GDP: an EU nation
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The Dallas-Fort Worth Metroplex's Gross Domestic Product (GDP) — the total value
of goods and services produced — is larger than that of an entire European nation.
According to the World Bank, Greece's gross domestic product in 2008 was
$355 billion, ranking it 26th in the world.
Meanwhile, statistics calculated for the same year by the U.S. Government's Bureau
of Economic Analysis (BEA) determined that the metro area consisting of Dallas, Fort
Worth and Arlington, Texas, had a gross domestic product of $379 billion.
Dallas-Fort Worth-Arlington actually ranks sixth among highest-GDP metro areas in
the U.S.
Five other metro areas have a bigger GDP than Greece — (in ascending order) in
Washington, Houston, Chicago, Los Angeles and New York. New York City's
economy, in fact, was about 3½ times the size of Greece's in 2008.
The World Bank GDP measure - adjusted by "purchasing power parity" — a tweak
that eliminates distortions based on the relative value of currencies -- puts adjusted
GDP for Greece at $330 billion. The D/FW GDP already includes adjustment.
When you think NASCO, think…
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Economic Development
Competitiveness
Multi-modal
Infrastructure
Efficiency
Environment
Transportation Logistics
Supply Chain Security
Job Creation
Business Development
Strong Relationships
NASCO Contact Information
901 Main Street, Suite 4400, Dallas, TX 75202
www.nascocorridor.com
Tiffany Melvin, Executive Director
214-744-1042; [email protected]
Rachel Connell, Director of Membership & Events
214-744-1006; [email protected]
Francisco Conde, Director of Special Projects &
Communications
214-744-1018; [email protected]