Global Notes #19
by Jerry Harris, SolidarityEconomy.net
.Third World corporations on world stage
Antoine van Agtmael, former World Bank official head of the Emerging Markets Growth Fund, says new Third World corporations are a better breed than their developed world peers. In his new book, The Emerging Markets Century he lists the 25 emerging multinationals set to dominate the world. Among them are Samsung and Hyundai from S. Korea, Embraer and Aracruz from Brazil, Yue Yuen the athletic shoes manufacturer from Taiwan and Telmex from Mexico. To make Agtmael’s list companies need have a top three market share in enough markets to be global players and be (more…)
