Last week, China overtook Japan to become the world’s second largest economy. While this was a major news in the global media, it was a non-event in China. China is still considered as a poor country.The per capita GDP of China was $6,675 last year compared to $32,443 for Japan. In terms of per capita …
Continue reading ‘Chart: Comparing Personal Disposable Income Among BRIICS’ »
Indonesia has been recently discovered by international investors as an attractive destination for investment. Yesterday’s NY Times had an article highlighting Indonesia’s growth story. From the article titled Indonesia Takes on an Attractive Sheen: “JAKARTA — After years of being known for inefficiency, corruption and instability, Indonesia is emerging from the global financial crisis with …
Emerging market guru Mark Mobius, manager of the Templeton Emerging Markets Investment Trust says that the flight to safety into emerging markets has already begun as the demand for guaranteend income from investors gains momentum. According to a news report, Mark said the following: The movement into emerging markets could take some time as investors …
Continue reading ‘Mark Mobius: The Flight to Safety into Emerging Markets has already begun’ »
The State of Israel has a population of 7.5 million. The GDP grew 0.5% in 2009 to reach about $207.0B. Just a couple of decades ago the economy of Israel used to be primary based on agriculture, clothing and other industries. However that has changed. In about twenty five years Israel has transformed its economy …
The auto market in the emerging countries of China and India is growing rapidly. For example, in March this year GM sold more cars in China than in the U.S. Many of the major car makers of the world are investing heavily in these countries in order to gain market share. Imitating the U.S. model, …