Emerging Market View: What Our Analysts Are Reading – 2/8/2013

Helping you stay informed on the world happenings in emerging markets, here is a quick glimpse of what FSG’s top research talent has been reading from this week’s headlines:

New social media opportunities look promising with The Wall Street Journal identifying Brazil as the social media capital of the universe (full article here):

“Brazilians are among the world’s top users of social media like Facebook, YouTube and Twitter, but digital’s share of marketing spend is just half the global average. This presents an opportunity for MNCs to accelerate brand awareness by adapting world-class social media strategies to the highly receptive Brazilian market.”
– Joel Whitaker, Senior Vice President and Head of Global Research

Elsewhere in the world, Hürriyet Daily News, a Turkish newspaper, reported new transportation routes between Turkey and Russia (full article here):

“Turkey’s aggressive export market diversification is increasing the country’s linkages with markets in Central Asia and Russia, making Turkey an increasingly attractive regional hub.”
– Martina Bozadzhieva, Associate Practice Leader for Central and Eastern Europe

From Reuters, an article on Argentina’s poor data reporting:

“The official censure of Argentina by the IMF is quite rare and could even lead to expulsion by the fund. The measure illustrates how blatantly Argentina has been doctoring official statistics, particularly inflation figures. In this article, FSG advisor Dr. Riordan Roett reiterates the severity of the situation and the Argentine government’s apparent lack of concern.”
-Clinton Carter, Head of Latin-America Research

Read the article here: IMF reprimands Argentina for inaccurate economic data.  Additionally, be sure to listen to a recent FSG Podcast with Dr. Riordan Roett for 2013’s Brazil outlook for more LATAM coverage – FREE in iTunes: FSG Teleconference: 2013 Outlook for Brazil (Track 11).

*Post compiled by Hal Olson

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