Difference between revisions of "Developing Country"
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===Paradigms:=== | ===Paradigms:=== | ||
BRIC: Brazil, Russia, India, China<br> | BRIC: Brazil, Russia, India, China<br> | ||
Hofstede: Power Distance, Individualism, uncertainty avoidance, masculinity, long term orientation <br> | |||
Brazil 69, 38, 76, 49, 65 <br> | |||
Russia: 95, 50, 90, 40, 10 <br> | |||
India:77, 48, 40, 56, 61 <br> | |||
China: 65, 20, 25, 54, 118 <br> | |||
===Experts:=== | ===Experts:=== | ||
<br> | <br> | ||
Revision as of 09:38, 18 September 2009
Description:
Emerging Economy is a term used to describe a nation with low level of material well being. These countries have a gross national income per capita below $11,905
Enablers:
population: The world population is predicted to reach 7 billion by 2012. This will be driven most by developing countries. technology, affluence, environment
Inhibitors:
natural resources, biodiversity, regulation
Paradigms:
BRIC: Brazil, Russia, India, China
Hofstede: Power Distance, Individualism, uncertainty avoidance, masculinity, long term orientation
Brazil 69, 38, 76, 49, 65
Russia: 95, 50, 90, 40, 10
India:77, 48, 40, 56, 61
China: 65, 20, 25, 54, 118
Experts:
Timing:
The term emerging markets come from the world bank economist Antoine van Agtmael in 1980.
Web Resources:
http://www.sustainability.com/consultingservices/emergingeconomies.asp
Hofstede Ranking
Power Distance, Individualism, Masculinity, Uncertainty Avoidance, Long-Term Orientation
http://www.cyborlink.com/besite/hofstede.htm