Brookings Institution Global Cities Initiative

2. CURRENT ECONOMY
world’s population
outside the U.S.
95%
world’s purchasing power
outside the U.S.
80%
Source: World Economic Outlook, International Monetary Fund, 2013

3. NEW ECONOMY: 2013 - 2018
15%
85%
Share of economic growth
in the U.S.
Share of economic growth
outside of U.S.
Source: World Economic Outlook, International Monetary Fund, 2013

4. 37%
-7%
ECONOMIC REALITY
U.S Manufacturing Firms Revenue Growth
2005-2009
Exporters Non-Exporters
Source: US International Trade Commission, 2010, “Small and Medium-Sized enterprises: Characteristics and Performance.”

5. ECONOMIC REALITY
100% 70% 20%Higher sales
than non-exporters
Higher employment
than non-exporters
Higher wages
than non-exporters
U.S. Business Services Exporters
2007
Source: J. Bradford Jensen, “ Global Trade in Services: Fear, Facts and Offshoring.” Peterson Institute for International Economics, 2011

6. SC AND GLOBAL ECONOMY
SouthCarolinajobstiedto
internationaltrade&investment
20%
68%
Upstate investment announcements
frominternationalcompanies
44%
Upstate jobannouncements
frominternationalcompanies
Source: Business Roundtable, “How South Carolina’s Economy Benefits from International Trade & Investment; Upstate SC Alliance Announcements 2010-2013

7. Q: How do we ensure the Upstate captures its share
of the growth?
A: By developing and committing NOW to a comprehensive
GLOBAL engagement strategy

8. CONTINUED MOMENTUM
Increasing economic growth and diversifying our economy by:
Continued recruitment of
new international investment
Expansions related to
increased export sales
Investment growth
from mergers & acquisitions

9. EXCHANGE PARTNERS
Atlanta
Charleston
Chicago
Columbus
Des Moines
Indianapolis
Jacksonville
Los Angeles
Louisville-Lexington
Milwaukee
Minneapolis-St.Paul
Phoenix
Portland
Sacramento
San Antonio
San Diego
Syracuse
Tampa Bay
Upstate SC
Wichita

10. 4 YEAR LEARNING & ACTION NETWORK
Develop an Integrated Export/FDI Plan
Integrate Other Global Strategies
Connect Metros to Global Best Practices
Monitor Progress and Success
Support Implementation w/ Peer Interaction
Facilitate International Relationships
Source: Brookings Global Cities Initiative

11. TIMELINE & STAGES

12. Elizabeth Feather
Upstate SC Alliance
REGIONAL TEAM
CORE TEAM LEADER – Global Cities Initiative
Core Team Members:
Dr. Kathleen Brady
USC Upstate
Jack Ellenberg
SC Ports Authority
Clarke Thompson
SC Department
of Commerce
Mayor Rick Danner
City of Greer
David Shellhorse
Appalachian
Council of
Governments

13. Upstate Core Team
& 19 Other Cohorts
Manufacturers
& Service
Providers
Export Service
Providers
Community
Steering
Committee
ORGANIZATION

14. GET INVOLVED
Manufacturers
& Business Services
Export
Service Providers
Business &
Community Leaders
Elected
Officials

15. www.upstatescalliance.com/goglobal
KEEP INFORMED
• About the Program
• Progress Reports
• Timelines
• International Data & Research
• Fact Sheets
• Core Team
• Steering Committee
• How to Get Involved

16. 2014 ANNUAL LUNCHEON
How will the Upstate remain
competitive
Why regionalism is crucial
to our future
How and why to be involved
The global economy is changing
WHY ATTEND?
KEYNOTE SPEAKER: BRUCE KATZ
Vice President, Brookings Institution
Founding Director, Metropolitan Policy Program
http://metrorevolution.org/videos/#redefining-cities

17. Thank You!
Clay Andrews
Director Investor & Public Relations
Upstate SC Alliance
candrews@upstatealliance.com

18. Thank You!
Elizabeth Feather
Marketing Research Manager
Upstate SC Alliance
efeather@upstatealliance.com