Читать книгу The Emerging Markets Handbook - Pran Tiku - Страница 125

In a nutshell Strengths

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 Massive foreign reserves to cushion a financial crisis.

 Robust increase in domestic consumption due to rapid urbanisation and growth of second-tier cities.

 Increasing adoption of mobile phones and increasing internet usage.

 High-quality infrastructure in urban centres that has removed bottlenecks for growth that still hamper emerging market rivals.

 Dominance in manufacturing and exports that has lifted millions out of poverty and created the aforementioned massive foreign reserves.

 Increasing spending on health, education and job skills.

The Emerging Markets Handbook

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