As we project international economic growth trends over the coming decades a new world emerges through these figures, one in which the most populous nations with the greatest investments in the development of human resources will assume more dominant roles in virtually every economic sector and in all those other areas that are linked to monetary wealth (such as in the arts and humanities as well perhaps as military strength).
Of the different metrics we can use to measure future potential none is so determinative as population growth—it is what determines the difference between emerging markets and Big emerging markets and it is certainly one of the key factors why China passed Japan this year as the world’s second largest economy. When a nation feeds, clothes and educates its population and gives them opportunities for growth through stable economic and social policies in a culture that values learning and hard work it becomes only a matter of time before the results start to show.
Some see new mouths to feed as a burden to be avoided, others see it as an opportunity. It is hard to dispute the power of the human mind, or the strength of numbers, or the energy of youth. Technology and wealth were and still are important but they now can be transmitted around the globe in the blink of an eye. It is the end users of technology and wealth that matter; that and the new generations who are constantly seeking to create better technology and newer wealth.
If you are seeking growth, look at where growing masses of humanity can be found. Those are the markets where you need to be!
Tuesday, September 7, 2010
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