Emerging markets future trends: BRICS impact on developed world
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.BRICS economies rapid growth. Brazil, Russia, India, China, South Africa. Example of Aditya Birla in India with massive economic growth extending from manufacturing into retail. Outsourcing and offshoring with 860,000 IT graduates each year in India Infosys training 25,000 software graduates this year alone, four times entire output of UK universities. Kazakhstan and Russia offer business opportunities. Economy: wage inflation despite oil price deflation in 2009-2009, and currency risks in outsourcing / offshoring. Expect moves from India and China to Vienam, Pakistan etc. Watch for political risks. Lecture by futurist keynote conference speaker Patrick Dixon for 2008 Stein Am Rhein - facilitated by Professor Prabhu Guptara.
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