Brazil, Russia, India and China vary widely in terms of goods exports as shown in the following graph. Manufactured goods form a major portion of goods exports for China and South Korea compared to agricultural products, fuels and minerals. Russia’s goods exports is dominated by crude oil and natural gas. India is also a large …
In an increasingly globalized world, the dominance of the US over the global economy is declining. For example, in the past six years the U.S. share of total global market capitalization has fallen from an average of 57% in 2003 to 49% currently according to a report by Morgan Stanley. Much of this weight has …
Continue reading ‘Why Emerging Markets Are Attractive Relative To Developed Markets’ »
The term “emerging markets” has lost its meaning over the years due to many reasons. Some countries categorized as emerging countries are actually well developed. For example, MSCI considers the developed countries of Taiwan and South Korea to be emerging countries for technical reasons. The political and economic systems of these countries are equal if …
Continue reading ‘Standish: Emerging Markets Should Be Called ASTERISCS’ »
In my earlier post we looked at some European firms with strong sales in emerging markets. In this post let us take a quick look at some U.S. companies which have a strong presence in emerging countries. The table below lists nine U.S. consumer staples companies with emerging market sales of 20% or more: [TABLE=1035] …
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The exponential rise in the middle class population in emerging countries offers excellent growth opportunities for multinational companies that have presence in those countries. In countries such as Brazil, India, China, Turkey,Indonesia the growing demand for consumer goods continues to increase with the rise in the standard of living of the middle class. Since many …
Continue reading ‘21 European Consumer Staples Companies With Strong Emerging Markets Exposure’ »