3. 3
"The big event of the last 20
years is the success of free
markets in India and China.
This is more important than
any financial crisis.”
Deirdre McCloskey, professor of
economics at the University of Illinois:
6. 6
defined as a society transitioning from a
dictatorship to a free market-oriented
economy, with increasing economic
freedom, gradual integration within the
global marketplace, an expanding middle
class, improving standards of living and
social stability and tolerance, as well as an
increase in cooperation with multilateral
institutions.
Dr. Vladimir Kvint - president of the
International Academy of Emerging
Markets.
7. 7
A Superpower country has:
An economy near the size of the US economy. (US Forecast: $39 trillion by 2030. --
30 times that of India, South Korea or China,)
Original consumer brands. Coke, Nike, etc.
A military capable of waging global war.
Major universities. (17 of the top are in US)
To attract talent to live there.
To be a world leader in entertainment and culture.
To put people in Space.
To put up funds and to help solve world problems.
To get used to criticism for being a superpower.
World Future Society.Assessing Global Trends for 2025 The Futurist magazine Nov. 2008.
8. Disclosure, Reliability, Transparency, Consistency, Timeliness.
Language.
Infancy of the economies.
Superabundance of unqualified information. (It don’t mean a
thing if it ain’t got that S.W.I.N.G! Sources With
Impeccable Numbers Given)
Political control of business and society -- incoming and outgoing
news and all media.
Corruption
Information Barriers
terryt@wharton.upenn.edu
16. FDI. Net “Doing Business”
Premium reports.
Asian Development Bank. adb.org/
Economic data, Financial Statistics.
Knowledge at Wharton.
Wharton.upenn.edu
Other B Schools’ publications
13
Ya
y
21. 21
QuickTime™ and a
decompressor
are needed to see this picture.
•See also other B School sites for useful reports.
http//:knowledge.wharton.upenn.edu
23. 23
Other Yay Resources
Doing Business in….(World Bank) http://www.doingbusiness.org
World Investment Report. UN. http://www.unctad.org
US Dept of Commerce. http://www/ Export.gov
Global-Production.com
Market Watch. http://www.marketwatch.com/markets/emerging-markets
Lippincott Research Guides listing premium and free resources.
http://www.library.upenn.edu/lippincott
Asia-Pacific Business. China Business, India Business, Latin America
Business, Middle East / North Africa / Sub-Saharan Africa, Emerging Markets
( in progress)
Keep in touch! I’ll post your Yays on bizrefdesk.blogspot.com (Land of the free
and the good)
Terese M. Terry
terryt@wharton.upenn.edu
24. Pay - approximate annual cost
• ISI Emerging Markets (Euromoney Institutional Investor) about
$25,000
• CEIC (also Euromoney) $500 - $2250
• Euromonitor Global Markets Information Database. About $23,500
• ORBIS - BVD. About $50,000
• S&P Emerging Markets Database EMDB $15,000 to $42000
• Business Monitor International About $3600
25. 25
15 million global public & private
Company detailed profiles.
QuickTime™ and a
decompressor
are needed to see this picture.
How many have been to China?
business? How many researching China Business?
Then I don’t have to tell you that you cannot be Mr. Nice guy in researching China. There are many barriers unique in business research.
About 75% of the China business information sites are in Chinese only. Which you don’t learn until you make a selection within.
Of the hundreds available, these 4 represent several years of reliable reporting, each with a different focus.
All of these paid online sources include China.
Each is unique and thorough in its focused coverage of China .
Osiris -- 1280 public PRC cos
493 HK -- 472 Taiwan