At one time, the line between the advanced and emerging markets was fairly distinct: Wealth and higher incomes distinguished the former, and lower incomes and faster economic growth characterized the latter. But that line has become blurred, according to this perceptive analysis from Boston Consulting Group professionals, and these shifting trends call for fresh corporate strategies. getAbstract recommends this timely article to executives responsible for developing those strategies, as well as to investors seeking insights into the promising economies of tomorrow.
In this summary, you will learn
- Why the traditional definitions of emerging and developed economies may no longer be valid,
- Why businesses can no longer classify all emerging market economies in a single category, and
- Why companies may want to tailor their global strategies in light of these changes.
About the Authors
Dinesh Khanna et al. are professionals with the Boston Consulting Group.