Emerging Economies Are Incubating Tomorrow's Largest Companies
A new McKinsey report emphasizes the impact of developing world: in just over a decade, half of the world's largest companies will originate from emerging markets.
As the developed world faces challenges of saturation, an aging workforce, and competition driven cost inflation, emerging markets are free to grow relatively unencumbered. And while for the last couple of decades, most of the Globe has thought of developing markets as low cost labor pools, that is all changing. Highly educate...
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