New World, New Policy

The changing composition of U.S. trade 
international_trade_2We have often heated discussions on trade policy shifts. To make reasonable arguments, we must consider that the fundamental composition of trade has been changing. For example, from the 1960s to 1990s, the trade role of primary commodities has declined precipitously while in parallel, the importance of manufactured goods has increased. This has meant that those countries and workers who had specialized in commodities such as rubber or mining typically fell behind those that had embarked on strengthening their manufacturing sector. With sharply declining world market prices for commodities and rising prices for manufactured goods, commodity producers were increasingly unable to keep pace. Some commodity-dependent countries realized temporary windfalls as prices of oil, wheat, and corn rose dramatically, only to watch them evaporate as prices dropped in 2009.

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Distinguished Guest Speaker from the World Bank

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On February 18th, our class got the pleasure of having a distinguished guest speaker Ms. Anabel Gonzalez, Senior Director of  World Bank Group Global Practice on Trade and Competitiveness . We are very grateful for the inspiring thoughts and valuable experiences she shared with us.

 

 

 

 

 

 

The 2015 World Robot Conference in Beijing

Screen Shot 2015-07-28 at 10.42.35 AMThe World Robot Conference will be held in Beijing this year from Nov. 23 to 25, focusing on the building of an intelligent society and collaborative innovation. The number of industrial robots sold in China reached 57,000 last year, which marked an increase of 55 percent on a year-on-year basis and one-quarter of global sales.

The government is drafting a plan to boost China’s robot research, development and application in key manufacturing fields, and to improve the country’s inadequate capacity to produce high-end robots independently.

Screen Shot 2015-07-28 at 10.42.50 AMThe event will comprise a forum, an exhibition and an international robot competition for teenagers. More than 40,000 participants are expected.Speakers from China, Germany, the United States and Japan will deliver reports on such topics as robot research and technology development. An exhibit will be held featuring the latest products, while research findings will also be showcased during the three-day event. There are 130 teams aged 8-15 from around the world attending the World Adolescent Robot Contest (WARC 2015), where children will compete using Lego robots with each other.

Screen Shot 2015-07-28 at 10.42.43 AMI believe that robots will be the next revolution in technology just like PCs, cell phones or tablets. The robots will be part of our daily life, and one day, we wouldn’t be able to imagine our life without one. Robots become so simple that even children are able to build them for international competitions. The next revolution consists of robots, and is already in front of the door or has already entered without us noticing… maybe later on we can tell our grandchildren that we discovered the new Steve or Stephanie Jobs at the conference.

contact warc@czinkota.de

Sarah Czinkota, a 12-year-old student at the Bischof-Neumann-Schule in Königstein/Taunus, is a member of robot team “plasma”, which represents Germany in the junior age group at WARC 2015 in Beijing.