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Unformatted text preview: COM M 4559-501: Emerging Markets Notes 9-15-2010 (A4) Packet – “When Are Emerging Markets No Longer ‘Emerging’?” • Emerging markets – different reasons for developing o Potential for growth • Developing countries o Not about size, but level of development o Do not want to demean anyone with the words third world • Main reason for developing o Development of the middle class o Privatization o End of Cold War • Mysteries o Argentina Investors no longer want to invest o Lebanon o South Korea We think of them as a well developed country, but it is unclear where they stand • Good definition for when a country is no longer emerging o When consumers can more easily buy BRIC Rules • Scope o BRIC Brazil Russia • A nuclear powerhouse • Post communist country • Capitalist system is new o New rules of how to do business I ndia China o Focus is I T and software related industries • Macro trends facilitating I T workforce globalization o China, India, Russia, Eastern Europe joining free market system...
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This note was uploaded on 01/24/2011 for the course COMM 4559 at UVA.