Summary of The Emerging Markets Century
Copyright © 2007 by Antoine van Agtmael
Reprinted by permission of Free Press, a Division of Simon & Schuster, Inc., N.Y.
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In 1981, fund manager Antoine van Agtmael created the term "emerging markets," as opposed to "Third World," to describe developing countries, from Brazil to China. A pioneer in emerging-market investments, he describes the economic revolution being provoked by corporate activities in emerging markets. Van Agtmael enumerates the forces driving this transformation in the economic relationship between developed nations and their emerging-market counterparts. In the second half of the book, he shares his detailed research into the factors that make emerging-market companies notable and successful. He catalogues market details about 25 specific companies he has analyzed for investment purposes, and presents the lessons they can teach Western managers. getAbstract recommends this book to serious investors who want to know about promising non-U.S. companies, and to managers who want to read about their corporations' upcoming competitors – and potential future owners.
In this summary, you will learn
- Why emerging economies will surpass developed ones;
- Which of the corporations from emerging markets will make a significant impact; and
- What makes some emerging-market companies exceptional.
About the Author
Antoine van Agtmael founded and heads an emerging-markets investment firm. He has held senior management positions in international finance and founded the IFC Emerging Markets Index and Data Base. He is the author of Emerging Securities Markets and co-editor of The World's Emerging Stock Markets.