By Stephanie Jones
BRICs and Beyond is a world company government textual content written specially for government and MBA scholars. it really is in line with broad consulting in rising economies and a number of other years of expertise instructing government MBA classes all over the world. the writer has consistently confronted the matter that the on hand textbooks for instructing overseas company centred nearly completely on examples of Western multinationals for case illustrations. within the means of getting ready situations closer to the rising industry she labored in, the writer learned that the usually interesting, often insightful and regularly various method of company illustrated by means of those circumstances can be required interpreting for MBA scholars in standard Western environments too.
With its wide variety of present case illustrations and concise summaries this can be a new-generation textual content that would welcome cutting-edge MBA pupil to the broader international of twenty first century foreign business.
". . . this e-book is required not just since it seems to be at enterprise from the BRICs issues of view; it additionally appears at company from the viewpoint of tomorrow's company leaders and the demanding situations that they are going to need to cope with." --Professor Jonathan Gosling, Centre for management experiences, and co-founder, The One-Planet MBA, the collage of Exeter, UK
". . . Stephanie Jones advises Western companies on doing enterprise in rising economies in a refreshingly easy demeanour, integrating in a singular means her 3 a long time of world, useful adventure with the day-by-day barrage of reporting at the BRICs--distilling from those many classes and ideas. . ." --Extracted from the Foreword, by means of Professor Wim Naudé, Director of study, Maastricht college of Management
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Additional info for BRICs and Beyond: Lessons on Emerging Markets
8. Demographic risk Another country risk is presented by changing demographic factors, which is especially apparent in the largest of the BRICS. There are several issues here – the ageing population; a flight to the cities and reduction in rural labour; a decline of marriage rates; the continuation of the one child policy and the preference for males; and the matter of the hukou. In China, the population is now becoming older and more urban. indd 31 21/05/12 12:12 PM 32 BRICS and Beyond in China’s labour market.
Some countries that were apparently financially stable in the past can suddenly start experiencing financial management problems and increased financial risk. An example is Botswana, long seen as one of the most stable, prosperous and least corrupt countries in Africa, previously thriving on its diamond business. Since June 2011, the country has been shaken by its first nationwide public sector strike, in which police – usually unarmed – used tear-gas and rubber bullets to disperse rioting secondary-school pupils, and then went on the rampage, in a reaction against the president, now seen as too authoritarian.
Switzerland is a particularly favourite haven for emerging market leader savings, but now the Swiss are ready to freeze the assets of Arab Spring dictators who have fallen or who are under threat. The accounts of Mubarak of Egypt, Ben Ali of Tunisia and Gaddafi of Libya – totalling at least $960 million, according to the Swiss foreign ministry – have been frozen and are under investigation. At least half of this sum was part of Egyptian leader Mubarak’s personal wealth. Questions remain about how much more wealth is hidden elsewhere, and how much of this could have been used to offset poverty suffered by the local population.
BRICs and Beyond: Lessons on Emerging Markets by Stephanie Jones