| |
| |
Map: Emerging Markets, BRICS, N11, and Civets | |
| |
| |
Introduction Emerging Markets and the New International Economy | |
| |
| |
Globalization, the Financial Crisis, and the Rise of Emerging Markets | |
| |
| |
Structure of the Book | |
| |
| |
References | |
| |
| |
| |
Opening the Black Box of Emerging Markets | |
| |
| |
| |
What Axe Emerging Markets? | |
| |
| |
Emerging, Developing, Catching Up | |
| |
| |
Economic Performance, GDP, and Emerging Markets | |
| |
| |
Financial Markets and Macroeconomic Stability | |
| |
| |
Political Instability and Economic Performance | |
| |
| |
Wealth, Productivity, and Inequality | |
| |
| |
Demography and Wealth | |
| |
| |
Consumption and First-Time Buyers | |
| |
| |
Infrastructure | |
| |
| |
Market Institutions | |
| |
| |
Sophistication of the Economy | |
| |
| |
References | |
| |
| |
| |
Markets and Institutions | |
| |
| |
Introduction | |
| |
| |
Understanding the Functioning of Markets: A Look to the Past | |
| |
| |
Barriers to Trade and the Integration of International Markets | |
| |
| |
Governments and Markets | |
| |
| |
Governments and the Economy | |
| |
| |
References | |
| |
| |
| |
A Historical Perspective | |
| |
| |
Introduction | |
| |
| |
Global Economy I:1850-1914 | |
| |
| |
Global Economy II: 1948-1980 | |
| |
| |
Concluding Remarks | |
| |
| |
References | |
| |
| |
| |
Operating in Emerging Markets: A Step-by-Step Guide | |
| |
| |
| |
The Determinants of Attractiveness and the Four Dimensions | |
| |
| |
Introduction | |
| |
| |
Classifying the Determinants of Attractiveness: Necessary, Highly Desirable, Desirable, and Not Necessary Features | |
| |
| |
Four Macro Dimensions That Shape Emerging Markets | |
| |
| |
Operationalizing the Four Dimensions Analysis | |
| |
| |
References | |
| |
| |
| |
Managing Risk | |
| |
| |
Introduction | |
| |
| |
Defining Risk | |
| |
| |
Expected and Unexpected Risk | |
| |
| |
Location Risk and Targeted Risk | |
| |
| |
Business Features: Identifying Where, What, and How | |
| |
| |
From Location to Targeted Risk | |
| |
| |
Assessing and Managing Risk | |
| |
| |
References | |
| |
| |
| |
Targeting Emerging Market Clients I: The Rich and the Middle Classes | |
| |
| |
Introduction | |
| |
| |
Targeting the Rich: Globalization and Luxury | |
| |
| |
Targeting the Upper-Middle Classes: Urban and Aspiring to Become Super Rich | |
| |
| |
Disconnected Markets, Growth Potential: Mass Markets in Emerging Economies | |
| |
| |
The New Middle Classes | |
| |
| |
References | |
| |
| |
| |
Targeting Emerging Market Clients II: Strategies for the Base of the Pyramid | |
| |
| |
Introduction | |
| |
| |
Making the Poor Visible | |
| |
| |
The BoP and Exclusion from Markets | |
| |
| |
How Can Business Target the BoP Effectively? | |
| |
| |
Building BoP Business Models, Not Just Products | |
| |
| |
References | |
| |
| |
| |
The Emergence of Emerging Market Multinationals-Implications for Managers and Scholars | |
| |
| |
| |
Multinationals Based in Emerging Markets: Features and Strategies | |
| |
| |
Introduction | |
| |
| |
What Are EMNEs? | |
| |
| |
State-Owned Enterprises, Conglomerates, and Specialized Players | |
| |
| |
Internationalization | |
| |
| |
References | |
| |
| |
| |
The Internationalization of Emerging Market MNEs: A Critical Examination of International Business Theories (Written with Ying Liu*) | |
| |
| |
Introduction | |
| |
| |
The Roots of the IB Research | |
| |
| |
A Review of Mainstream IB Theories and Their Applicability to the Internationalization of EMNEs | |
| |
| |
Conclusion | |
| |
| |
References | |
| |
| |
| |
Conclusion | |
| |
| |
Appendix From Third World to Emerging Markets: Definitions, Contexts, and Meanings | |
| |
| |
Bibliography | |
| |
| |
Index | |