Via The Financial Times, a report on Starbucks’ entrance to India: In few countries would the opening of a coffee shop be treated as headline news, but that’s exactly the treatment Starbucks’ 4,500 square foot flagship Indian store in Mumbai received on Friday. Throngs of journalists converged on the restored heritage building owned by the […]
Read more »Via the Business Insider, a list of the fastest growing cities on earth: More people in history live in cities than ever before in our planets history. Urbanization rates have increased dramatically in the last decade, according to a new report by the U.N. Settlements Program, UN-Habitat. But the way people are urbanizing are changing. People […]
Read more »Courtesy of The Economist, a report on Africa’s economic growth: AFTER giving a speech at a business conference in London a young analyst chatted with investment executives in the audience, then followed two of them to a nearby hotel lobby. Over glasses of Chablis the executives raved about their company’s worldwide network of extravagantly decorated […]
Read more »Via The Financial Times, a look at India’s emerging cities: India’s established metropolises are saturated with investment activity. Now, tier-two and tier-three cities are emerging as investment destinations and a new report from Cushman and Wakefield explains how much money is going into what – and where. India’s 2011 census recorded 53 urban centres, each […]
Read more »Via Harvard Business Review, some thoughts about common misconceptions about India’s consumer market: Procter & Gamble’s India sales grew by over 21 percent in the second quarter of this year. India’s largest consumer products company, a unit of Anglo-Dutch Unilever, PLC, reported that its sales were up 9 percent. Michigan’s Amway registered an annual growth […]
Read more »Via Foreign Affairs, an interesting article by Jeffrey Sachs on the true drivers of economic development: According to the economist Daron Acemoglu and the political scientist James Robinson, economic development hinges on a single factor: a country’s political institutions. More specifically, as they explain in their new book, Why Nations Fail, it depends on the […]
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