Developing Country
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
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