BRICs

Building fashion empires of their own

International Herald Tribune
Some insiders believe that Indian brands, which already have a majority share of the country’s luxury market at their fingertips, are more attractive to investors than local designers in other emerging economies.
“Why smaller versions of the European conglomerates?,” asks Akshaya Chauhan, a director of the Fashion Design Council of India, who believes that [...]


Industry experts say mining’s future shines

Peru, Chile and Brazil are in the sweet spot.San Jose Mercury News
Every segment of the mining industry and the companies that support it continue to enjoy great success with no end in sight despite trouble on Wall Street, industry leaders said Monday at a national conference and trade show.
Much of the optimism can be attributed [...]


The infrastructure boom – Building BRICs of growth

The Economist
Compounding this year’s figure, Morgan Stanley predicts that emerging economies will spend $22 trillion (in today’s prices) on infrastructure over the next ten years, of which China will account for 43% (see left-hand chart). China is already spending around 12% of its GDP on infrastructure. Indeed, China has spent more (in real terms) [...]


Considering investments further afield

The Irish Times
Overall, emerging markets are down by about 25 per cent this year, while the worst-hit markets include the Ukraine, which has fallen by almost 60 per cent this year; China, which is down 57 per cent due to fears of a bubble; and Russia, which is down 46 per cent since its May [...]


BRIC offers best career options for executives globally

The Economic Times
India, along with its emerging market peers Brazil, China and Russia, offers best career options for majority of executives around the world as opposed to the developed nations such as the US, Europe and Japan, a latest survey says.
As per an executive quiz, focussed on international career options for todays business leaders and [...]


Oil Below $120 Will Reverse `BR-IC’ Fortunes:

Bloomberg.com: Opinion
If the price of oil goes below $120 a barrel (from about $126 yesterday), if China’s annual inflation rate slows to 5 percent (from 7.1 percent last month), and if the U.S. banking crisis comes to an end, then the sagging fortunes of equity markets in the two Asian countries may reverse in relation [...]


Backing BRICS: Market meltdown exposes structural strengths

Image via Wikipedia
The Australian.
“We’re talking about the whole BRIC story, the $27trillion that’s going to be spent on infrastructure in the emerging world over the next 10 years, largely funded by internally generated revenues — that’s a fact,” Sosa says. “It’s not going to stop because we’re having a bit of a housing slump in [...]


BRICs nations shift in growth pattern

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The Economic Times
The Asian tigers have lost their allure. And while growth in both China and India is still expected to be among the highest in the world, the sharp decline in their stock markets — China has fallen a whopping 41% since December 2007 with India a close second at 38% — [...]


BRIC growth prospects

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via DB Research
there are also structural factors at work that bode well for the medium-term growth prospects of the BRICs. These factors can be captured in a simple growth accounting framework. Economic growth can be broken down into several components, namely changes in labour and capital inputs, and total factor productivity. (Total factor [...]


The American Multinational, Unbowed

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Areas of improvement for BRIC MNCs on the HR front.
NYTimes.com
Traditional multinationals have an advantage over many challengers because they can offer career routes to the most talented Indians and Chinese that their own countries’ companies do not yet have. The incumbents, as noted by the authors, have extensive programs in place to assess [...]