Monday, December 19, 2011

Attention Students: You are short-changing yourself if you don't look off-shore for career potential---this graph shows you all you need to know...

A stunning reversal of fortunes...Since the year 1999 the change in trade flows to "Emerging Economies, mainly Brazil, Russia, India, China has been dramatic.  This graph shows imports into Developed and Emerging Markets. One countries imports is another countries exports.  If you are pondering a career with growth potential, look outwardly.  Incomes around the world are rising and businesses/entrepreneurs with foresight will find a way to sell to these countries/customers. Are YOU on board?
Source: The Economist

From The Economist: ""In 2012, an important new milestone will be reached when emerging-markets import more goods and services than the rich economies combined. That is a dramatic change since 2000, when they imported barely half as much as rich countries did. Policymakers will hope that the rapid growth in developing countries’ buying power will boost the profits of companies in rich economies over the coming years.""
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