Difference between revisions of "Developing Country"
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===Description:=== | ===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<br> | 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. Emerging economies represent the world's largest potential markets, the source of both much of the world's natural and human resources and of major sustainability challenges, and increasingly the home of leading global brands and innovation.<br> | ||
===Enablers:=== | ===Enablers:=== | ||
population: The world population is predicted to reach 7 billion by 2012. This will be driven most by developing countries. technology, affluence, environment<br> | population: The world population is predicted to reach 7 billion by 2012. This will be driven most by developing countries. technology, affluence, environment<br> | ||
Revision as of 09:39, 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. Emerging economies represent the world's largest potential markets, the source of both much of the world's natural and human resources and of major sustainability challenges, and increasingly the home of leading global brands and innovation.
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