As indicated in the recent Business Perspectives on Emerging Markets 2012 to 2017 Report conducted by the Global Intelligence Alliance or GIA, the countries China, India, Russia and Brazil which make up the famous acronym BRIC, will keep their leading spots in the list of the world’s developing markets for 2012 to 2017. In the top 30 ranking of emerging markets in which international companies will have plans of targeting from the year 2012 to 2017, most emerging markets, aside those of the BRIC, are found in Latin America or Asia with Argentina, Turkey, Mexico, Vietnam, South Africa and Indonesia getting the highest spots among secondary developing markets. (more…)
In a market of 400 million people, India is one of the targets of major manufacturing corporations in product innovation. Unlike in other nations, the upscale market of India is seen to be a peculiar one as consumers have different preference and needs. Venturing into this demanding market is P&G with its effort to become the premium producer of efficient shaving razors. (more…)
Democracy in China is not a question of ‘if’, but ‘when’, according to Bruce Gilley, in his book “China’s Democratic Future: How It Will Happen and Where It Will Lead”. According to Gilley, a democratic future in China lies just around the corner. Gilley describes different scenarios on how this democratization in China will come about. He then poses the question: That being so, where it lead? (more…)
In his forecast for the next 10-40 years, Jim O’Neill of Goldman Sachs defies the critics of Russia’s continued membership of the Bric team and it’s future economic growth: Russia doesn’t need dramatic growth rates. It just needs to avoid crises.
Russia is often singled out as the Bric country that doesn’t belong in the Brics. Critics say that with its aging population, dependence on oil and gas and widespread corruption, it’s not in the same league as its dynamic rivals – Brazil, India and China
Jim O’Neill, the Brics’ inventor, disagrees. In The Growth Map, a book marking the 10th anniversary of his coining of the acronym, he rejects suggestions that Russia should be dropped from the team. He argues, in his characteristically forthright way, that in terms of GDP her head, Russia has the potential to beat not just the other Brics but “all other European countries” – and join the European Union.
Few countries with per head incomes of more than $10,000 a year survives as autocratic/authoritarian/totalitarian nations except for oil exporters. Charles Robertson of Renaissance Capital boldly predicts China could be a democracy by 2017:
China, on about $7,500 and growing fast, is approaching the income level when democratic change often begins. There are powerful arguments about why both countries might be permanent exceptions to the democracy rule.
Ten years ago Jim O’Neill of Goldman Sachs predicted the four growth economies – Brazil, China, India and Russia together would lead the World’s economic development. And he was right:
A quick look at the MSCI indices for the four Brics since 2001 shows that they have comfortably outperformed the S&P 500. If you invested $100 at the time of O’Neill’s report in November 2001 in each of the four Brics, you would now have $674 from Brazil, $451 from China, $459 from India and $414 from Russia. Your 100 S&P bucks? Worth $112.
The emerging world, long a source of cheap labour, now rivals the rich countries for business innovation, says S.D. Shibulal, CEO of Infosys:
In recent years China and India have led the way in becoming the new hubs for growth, innovation and talent. They produce close to 700,000 engineers every year. The availability of such a large pool of talent is the much needed fuel to power the growth of industries across sectors in these countries. This has been complemented by the presence of a large middle-class population (160m in India and 230m in China) with rising disposable incomes. China and India are also challenging Western domination as the global innovation and R&D hub, rubbing shoulders with historic giants in global innovation indices. The road ahead for the Bric countries looks extremely promising.
‘The Brazilian Dream‘ (O Sonho Brasileiro) is a qualitative study of the young generation Brazilians, with focus on their dreams and desires.
Thiago in front of the community center Casa da Mulher (Women’s House) which also facilitates União Sampaio.’The Brazilian Dream’ (O Sonho Brasileiro) is a qualitative study of the young generation Brazilians, with focus on their dreams and desires.
‘The Brazilian Dream’ (O Sonho Brasileiro) is a qualitative study of the young generation Brazilians, with focus on their dreams and desires.