high growth markets magazine pdf

[...]... investment has been in telecoms sector, generating phenomenal growth rates Mobile phone penetration in Ghana and Nigeria reached 65 and 50 percent respectively in 2010, up from virtually nothing in 2000 So although growth in many African countries is hindered by infrastructural constraints such as poor roads and inadequate power supply, the rapid growth in mobile phones have helped overcome some of these... opportunity to surge forward It is estimated that a 10 percent rise in mobile phone penetration can increase the GDP of developing markets by as much as 1.2 percent All that glitters Africa’s growth has also come from more traditional primary sector sources, not least due to recent high prices for mineral and agricultural commodities Ghana’s gold mines have been the main driving force of its economy for the... Priorities are often askew here; a UN report on oil spills in the Niger River Delta, caused by vandalism and aging pipelines, claims it will take 30 years to clean them up But with these high risks come high returns, as Nigeria’s GDP growth of 400 percent over the 10 years to 2009 demonstrates Add to this a young and growing educated population, estimated to hit 250 million by 2050, and a burgeoning middle-class... developing world have expanded by 50 percent in real terms, reflected in the take-off of emerging markets In new research, the Brookings Institution captures how this unprecedented economic growth has transformed the most recent national household survey results with the very latest data on private consumption growth for 119 developing countries, we generate global poverty estimates which bring us right... emerging markets is spilling across borders to other poor countries, helping spark development and poverty reduction far afield First, south-south economic relationships are blossoming as emerging powers deepen their trade and investment ties with the world’s poorest countries, and diversify into new markets Over the past decade, the BRICs’ share of Africa’s exports has more than doubled, stimulating growth. .. economies diminished since 2007 and expected to be tepid at best for the foreseeable future, the importance of emerging market growth to the world’s poor has never been greater Third, emerging markets have convincingly demonstrated to the poorest economies the invaluable role markets and good economic governance play in development These ideas are hardly new, having been advocated by the World Bank,... and other emerging markets To get there, the company faced organizational challenges in product range and its public image, heretofore associated with expensive, high- end products For frugal engineering to work, companies need to free up their organizational structures In 2005, when GE’s managers began to conceive the $1,000 electrocardiograph, they shifted R&D experts away from high- end products for... emerging markets is accompanied by a statistical decline in the planet‘s poorest Laurence Chandy is a fellow, and Geoffrey Gertz a research analyst, in the Global Economy and Development program at the Brookings Institution This commentary is adapted from their recent paper, “Poverty in Numbers.” … Global poverty is rapidly falling This phenomenon is a natural corollary to the rise of emerging markets. .. Brazil has established itself as a key partner in agro-processing Second, the robust performance of many emerging markets through the Great Recession helped to buoy the global economy and prevent an economic crisis from turning into a human crisis among the world’s poorest countries Emerging markets have not only propped up aggregate demand but have helped spur rising commodity prices which have benefited...another look at closer-to-home Asian markets as well as the emerging markets of Latin America that might offer greater stability, although lesser returns The point is that this is exactly what a Western company would do “It tells us that Chinese investment . emerging markets activities in other developing markets. Importantly, this also changes a historically widespread perception that still these activities are mainly driven by the US and European markets. Sub-Saharan. is underpinning African GDP growth. The robust growth rates of sub- Saharan Africa are due in large part to this new coupling, and in time a component of China’s growth will become dependent. GDP of developing markets by as much as 1.2 percent. All that glitters Africa’s growth has also come from more traditional primary sector sources, not least due to recent high prices for mineral