Emerging Economies Essay example
Business Development in Emerging Economies
A. In your opinion, what is the future of emerging economies? Support your answer with relevant evidence. (2000 words) 3 Introduction 4 What are emerging economies 4 Future of emerging economies 5 Microeconomic approach 6 Long-term economic perspectives 7 The “Euro” perspective 8 Facts about the future 9 Forecast 11 Opinion 12 Risks for emerging markets 12 B. Critically discuss the factors driving the growth of emerging MNEs. Use relevant company and country examples. (500 words) 14 What are MNEs (Multinational Enterprises) 15 Facts about MNEs 15 C. How formidable is the competition …show more content…
The most important role of the emerging economies and reflected at the micro level. Specifically, six of the 25 largest companies in the world, for example, in terms of market value come from emerging markets.
These companies are listed below, according to Global 2000 list for 2012, an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value.
Rank | Company | Headquarters | Industry | Profits
(billion $) | Assets
(billion $) | Market Value
(billion $) | 05 | Industrial and Commercial Bank of China | China | Banking | 25.1 | 2,039.1 | 237.4 | 07 | PetroChina | China | Oil and gas | 20.6 | 304.7 | 294.7 | 10 | Petrobras | Brazil | Oil and gas | 20.1 | 319.4 | 180 | 13 | China Construction Bank | China | Banking | 20.5 | 1,637.8 | 201.9 | 15 | Gazprom | Russia | Oil and gas | 31.7 | 302.6 | 159.8 | 19 | Agricultural Bank of China | China | Banking | 14.4 | 1,563.9 | 154.8 |
Long-term economic perspectives
The present of emerging economies seems promising, but the future seems even better. According to forecasts for long-term growth based on demographic