Monday, June 22, 2009

A Local Perspective of the G-20 Summit

As many people know, the next G-20 summit will be held in Pittsburgh, Pennsylvania in September. This summit will bring together leaders from Australia, China, France, Germany, Great Britain, India, Japan, and Russia, among others. These countries represent 85% of the world's production and 80% of the world's trade.

Pittsburgh was chosen for the summit because the city has transformed itself from an industrial city that lost 250,000 steel-related jobs in the 1980s, to a city that embraces the health care, technology, and robotics industries, and has an unemployment rate more than a percentage point below the national average. The city's growing focus on green engineering and green technology also played a part in the decision to hold the conference in Pittsburgh. Along with being a symbol for economic recovery, Pittsburgh was recently named the United States' Most Livable City by The Economist.

IntellaCore is based in Pittsburgh, and we will be documenting the ways the conference affects this area on this blog. We know that it is a global, Internet economy, but many businesses in this area do not. We are hoping that this summit helps many business owners to realize that there is a great amount of opportunity available to them. Many local businesses have already offered their services to the planning committee. Many more will seek international business to develop their business, and to further improve the local Pittsburgh economy.

Keep reading this blog for a local perspective of the G-20 summit.

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