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Where the growth is

May 06, 2010
By Prisma News
Category:

“Western multinationals are investing ever bigger hopes in emerging markets. They regard them as sources of economic growth and high-quality brainpower, both of which they desperately need. Multinationals expect about 70% of the world’s growth over the next few years to come from emerging markets, with 40% coming from just two countries, China and India.

The potential market is huge: populations are already much bigger than in the developed world and growing much faster (see chart below), and in both China and India hundreds of millions of people will enter the middle class in the coming decades.”

The Economist: The world turned upside down

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