The manufacturing sector will play an important role in ASEAN’s economic development for decades to come, the same way it has for other Asian nations (Japan, South Korea, China) where vast populations have moved from less productive agrarian work to more…
ASEAN’s 80/20 Wealth in Southeast Asia remains highly concentrated. If ASEAN’s five major emerging markets (the ASEAN-5) Indonesia, Thailand, Malaysia, the Philippines, and Vietnam were assumed to be one big country and their provinces in this imaginary mega-nation were compared…
“Back to the future” Despite recent volatility, emerging markets remain in traditional positions within the global economy. As in the past many emerging markets can be characterized as low-cost production and export hubs, with favorable exchange rates, cheap company valuations,…
Turkey had a strong 2011, with GDP growth exceeding 8% for the year. However, we expect a noticeable slowdown in 2012 to 1.7% YoY. The main drivers of the slowdown are weakening industrial production as eurozone demand for Turkish exports…
As Western Europe continues to struggle with the sovereign debt crisis and currency depreciation, declining exports, and lower 2012 growth prospects engulf Central and Eastern Europe, the outlook for Russia seems surprisingly solid. Despite a slow downward revision of 2012…
Frontier Strategy Group appeared in yesterday’s Financial Times in an article titled, Gems: Making the case for Gems According to the Frontier Strategy Group, while China’s growth may be slowing down, India’s is increasing, and by 2014, India’s growth rate…
With 155 million people and projections of 7.4% GDP growth in 2011, Nigeria is already a “can’t miss” consumer market opportunity. That said, in the next several years there will be multiple bumps on the road as Nigeria transitions from…