Investment Vision 2010 Series: Emerging Markets

Insight Group PLC - Research Room: Emerging Markets

Domestic markets will lead global economic growth this year as they speed up domestic market development.

-Citibank

The International Monetary Fund (IMF) revised world economic growth upwards in July in its World Economic Outlook, reflecting stronger than expected activity in the first half of 2010. The IMF expects global growth to be 4.6% in 2010, up from its 4.2% projection in April. Forecasts for 2011 remain at 4.3%.

For developed economies, the IMF has forecast growth of 2.6% for 2010, whilst emerging markets are expected to see growth of 6.8%. 2011 forecasts show the same division with GDP growth for advanced economies to be 2.4% for the year and emerging markets 6.4%.

Faster expansions are predicted in economies such as Brazil, China and India, which according to the IMF will protect the global recovery. China is expected to see one of the fastest growth rates of 10.5%, followed by India at 9.4% and Brazil with 7.1% growth.

Goldman Sachs in their 2010/2011 Global Economic Outlook, also highlighted that strong growth would be in emerging markets rather than developed ones. They forecast 9.2% growth for the BRICs in 2010, 7.7% for emerging markets as a whole but a mere 2.1% for advanced economies. Their 2011 outlook is equally bullish forecasting 8.6% growth for the BRICs, 7.3% for emerging markets and a much lower growth rate of 2.5% for advanced economies.

In this report

  • Executive Summary
  • Brazil
  • South Arica
  • India
  • Turkey
  • China
  • Qatar
  • Malaysia
 

Key data

  • Brazil's GDP growth forecase in 2010 at 7.1%
  • FDI inflows tripled to $16 billion in India
  • Turkey has seen double digit growth recorded month-on-month
  • China is the second largest economy in the world
  • Qatar is the second highest per capita income country

independently written by our Market Intelligence & Research Unit (MIRU) to find out more about this flourishing region.

 

 

Insight Group PLC - Research Room: Emerging Markets map