Slide 0Slide 1Slide 2Slide 3Slide 4Infrastructure of Selected CountriesCommon Traits of Big Emerging MarketsBig Emerging MarketsThe AmericasEconomic and Social Data for Selected CountriesEastern Europe and the Baltic StatesSlide 11AsiaAsian Markets - Selected CountriesSlide 14Slide 15Living Standards in Selected CountriesWhich of the Following have you Purchased in the Past Three Months?Consumption Patterns in Selected Countries (percent of household expenditures)Slide 20Emerging MarketsChapter9Stages of Economic Development1. The Traditional Society2. The Pre Conditions for Take-off3. The Take-Off4. The Drive to Maturity5. The Age of High Mass ConsumptionSOURCES: Walt W. Rostow, The Stages of Economic Growth 2d ed. (London: Cambridge University Press, 1971), p.10.Irwin/McGraw-Hill9-24Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. United Nations EconomicDevelopment SystemMore-Developed Countries (MDC)More-Developed Countries (MDC)Less-Developed Countries (LDC)Less-Developed Countries (LDC)Least-Developed Countries (LLDC)Least-Developed Countries (LLDC)Irwin/McGraw-Hill9-34Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Newly Industrialized CountriesGrowth Factors Political Stability Economic and Legal Reforms Entrepreneurship  Central Planning Outward Orientation Factors of Production Industries Targeted for Growth Financial Incentives Privatized State-Owned Enterprises Large, Accessible Markets Low TariffsIrwin/McGraw-Hill9-4Infrastructure of Selected CountriesUnited States 6,243.2 214.3 49,259 13,696Brazil 1,670.1 22.1 2,540 1,925Japan 1,115.6 26.5 21,392 8,182Colombia 12.6 3.3 4,154 1,147Germany 618.2 43.9 3,174 6,680Kenya 8.3 2.7 110 105Mexico 242.3 26.5 3,773 1,898Spain 318.0 15.3 3,360 4,728India 1,100.0 62.4 2,567 485South Africa 55.4 21.4 1,853 5,020China 170.0 58.3 3,591 946Highways* Railways Trucks Electricity(paved km) (km) and Buses Production Country (000) (000) in Use (000) (kwh per head)*Includes unpaved and paved.SOURCES: For additional information, see International Marketing Data and Statistics, 19997 (London: Euromonitor Pulications, 1997); and “Indicators of Market Size for 115 countries, “ Country Monitor, December 25, 2000.Irwin/McGraw-Hill9-54Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Common Traits of Big Emerging Markets Are physically large. Have significant populations. Represent considerable markets for a wide range of products.  Have strong rates of growth or the potential for significant growth. Have undertaken significant programs of economic reform. Are of major political importance within their regions. Are "Regional Economic Drivers". Will engender further expansion in neighboring markets as they grow.Irwin/McGraw-Hill9-6Big Emerging MarketsAsiaASEAN^ 434.8 $666.0 $ 15,317 $ 1,294.8CEA (Chinese Economic Area)‡ 1,205.0 1,374.6 1,141 1,109.0India 10,028.0 437.2 458 63.3South Korea 43.7 476.0 10,063 280.5Latin AmericaMexico 97.4 486.1 4,992 328.4Argentina 35.7 283.1 7,740 53.6Brazil 158.6 551.8 3,305 108.6AfricaSouth Africa 41.4 147.8 3,570 59.4EuropePoland 38.7 135.3 3,500 26.4Turkey 58.6 189.2 3,027 63.4Possible AdditionsColombia 41.6 91.5 2,201 24.9Venezuela 23.7 102.1 4,307 40.9Population GDP GDP Trade*(millions) ($ billions) (per capita) ($ billions)* Imports and exports.^ASEAN includes Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam.‡CEA consists of the provinces of Southern China, Hong Kong, and Taiwan.SOURCES: For additional information, see “indicators of Market Size for 115 countries, ” Country Monitor. December 25, 2000. “Direction of Trade Statistics Yearbook, 1999. International Monetary Fund, 2000, and visit www.stat-usa.gov/bems/bemschi/bemschi.html/.Irwin/McGraw-Hill9-74Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. The AmericasCUBACANADAUNITED STATESMEXICOAlaska(United States)Hawaii(United States)BRAZILBOLIVIAPARAGUAYURUGUAYARGENTINAPERUECUADORVENEZUELAMontrealPACIFIC OCEANGUYANA SURINAME FRENCH GUIANAGUATEMALAST. SALVADORCOSTA RICAPANAMAGREENLAND (DENMARK)CHILETorontoDetroitChicagoLos AngelesSan FranciscoDallasCOLOMBIAHONDURASNICARAGUAMiamiJAMAICAHAITIBuenos AiresBelo HorizonteRio de JaneiroSao PauloIrwin/McGraw-Hill9-84Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Economic and Social Data for Selected CountriesUnited States $ 741,340 18.1% $221,800 5.4% 5.1 560,300 99.5% $45,579Argentina 16,952 38.8% 2,332 5.3% 5.3 96,000 93.9% 2,336Brazil 81,934 31.2% 12,799 4.9% 3.5 169,488 77.8% 1,559Colombia 9,264 35.2% 1,597 6.1% 1.5 29,353 85.2% 410Mexico 57,900 33.7% 12,066 7.0% 0.7 130,000 87.6 % 4,355Venezuela 15,501 43.2% 3,679 10.2% 2.6 *28,400 84.7% 36.5 Consumer Spending Hospital Number Literacy TourismFood Percent Clothing Percent Beds per of (Percent) Receipts($ million) of ($ million)** of (000s) Doctors ($ million)**Country Total* Total* Population* Percent of all consumer spending.** In U.S. dollars, basis 1988.Irwin/McGraw-Hill9-94Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Eastern Europe and the Baltic StatesESTONIALATVIALITHUANIAPOLANDCZECHREPUBLICSLOVAKIAHUNGARYROMANIABULGARIAALBANIAYUGOSLAVIAMACEDONIABOSNIA ANDHERCEGOVINACROATIAGREECESLOVENIATURKEYBalticSeaBlackSeaAdriatic SeaTyrmenianSeaGulf of FinlandAegeanSeaIrwin/McGraw-Hill9-10Eastern European MarketsPopulation GDP GDP Exports Imports(millions) ($ billions) ($ per capita) ($ millions) ($ millions)Albania 3.28 $ 2.7 $ 820 $ 80 $ 147Bosnia/Herzegovina (*) 2.66 0.8 300 NA NABulgaria 9.00 10.1 1,220 4,303 3,271Croatia (*) 4.78 26.3 5,600 4,633 7,582Czech Republic(**) 10.30 52.0 5,050 14,575 16,284Hungary 10.30 45.7 4,505 19,100 15,224Macedonia(*) 2.05 4.8 2,400 1,244 1,420Poland 38.40 135.3 3,500 25,751 42,307Romania 22.80 34.8 1,544 8,385 10,131Slovakia(**) 5.27 20.7 1,763 12,063 13,0039-11(*) Former republics of Yugoslavia.(**) Former republics of Czechoslovakia.Irwin/McGraw-HillSources: “Indicators of Market Size for 115 Countries,” Country Monitor,December 25, 2000; and International Trade Statistics yearbook (New York:United Nationa, 2999).4Copyright © 2002 by The McGraw-Hill Companies, Inc.