Population growth in the emerging markets (EM) is a significant driver of economic growth, and with that growth comes an ever increasing middle-class. This group of consumers has the same aspirations and desires as their counterparts in the developed world — cars, gadgets, luxuries, etc. An example of middle-class growth is the fact that, in less than 20 years, GDP per capita growth in China and India should double, a quicker pace than the 50 years it took the US to double the same, and much faster than the 150 years it took in Britain.
Our panel of global emerging market investment specialists took the time to share their local insights and perspectives on this worldwide phenomenon and its impact on regional investment opportunities.
Read the full white paper at the link beneath Related Files