To what extent do non-BRIC emerging economies pose a competitive threat to developed countries?
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- Title
- To what extent do non-BRIC emerging economies pose a competitive threat to developed countries?
- Creator
- Rebecca Alexandra Latimer
- Supervisor
- Peter Thomas.
- Date
- 2015
- Abstract
- The current economic environment is at a point of transition, whereby emerging economies are progressively demonstrating their potential. This shift can be accredited to the resilience and rapid growth of these economies in such an uncertain and volatile time. The rise of many emerging markets was a consequence of the 2008/2009 financial crises, as investors looked to diversify. Coupled with the sheer size of these economies and their growing demographics these countries have witnessed unprecedented growth. There increasing participation in Foreign Direct Investment and Merger and Acquisition activities has indicated a potential threat to their developed counterparts. However, almost all emphasis has been placed on the BRIC group, with little regard for the potential demonstrated by other emergent nations. This study has focused on three non-BRIC economies: Mexico, Nigeria and South Africa. A collection of interviews has been conducted to gain insight into industry members viewpoints. In conjunction, numerical data was used to assess the prominence of non-BRIC economies and the possible threat they could pose. The investigation has concentrated on three essential areas, looking at the benefits of establishing a middle-class, how economies respond to external shocks and which microenvironment factors are promoting and hindering growth.
- Subject
- International Business Finance
- Extent
- 89 pages
- Format
- Publisher
- Regent's University London
- degree
- BA International Business Finance
- Language
- English
- Date Issued
- 2015
- Type
- Report
- Rights Holder
- Regent's University London & Rebecca Alexandra Latimer
- Item sets
- Theses or Dissertation