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 »Courtesy of the New York Times, a report on Angola’s recent decision to create a sovereign wealth fund: Angola’s government announced Wednesday the creation of a sovereign wealth fund that will invest profits from oil sales in businesses in an effort to diversify the country’s economy and spread prosperity beyond the small elite that has […]
Read more »Via The Financial Times, a commentary on Myanmar: After years of international isolation, the government of Myanmar has a golden opportunity to create a fully-inclusive financial system. It should take it. Market forces are already at work in the country. You can see that if you try to book a hotel room in Yangon. They […]
Read more »Courtesy of The Financial Times, a comparison of Colombia and Argentina, and a reflection on Colombia’s rapid rise: Two years ago, when we started our tenure at Colombia’s finance ministry, we realised that, using IMF data, Colombia’s GDP had become larger that Venezuela’s. Having been trailing behind our neighbour for decades, such an achievement was […]
Read more »Via The Financial Times, a look at Indonesia’s economic growth: During the last decade, while the world has looked to the Bric countries to deliver growth and China and India have been the main focus of attention in Asia, Indonesia has largely slipped under the radar. Were it not for China and India, though, Indonesia […]
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