Skip to main content

Rise of emerging economies changes the world trade map

The evolution of supply chains is forging new trade corridors around the world, creating new opportunities in emerging market economies.
"It's not just about trade between for example China and the U.S. or China and Europe. There are new strands of activity that are growing fast," says Adrian Rigby, Global Deputy Head of Trade and Receivables Finance for HSBC in London. "In more difficult economic times, businesses are re-engineering themselves and hunting out new markets."
Many of the new opportunities arise in fast-growing emerging market economies, especially those with expanding import and export markets. The trade aspect is important because it indicates a certain level of interconnectedness with global supply chains, as well as a certain threshold of infrastructure and regulatory development to make it possible to do business.
"You can't have network trade without industrialization," says Richard Kozul-Wright, Head of the Unit on Economic Cooperation and Integration among Developing Countries at the United Nations Conference on Trade and Development (Unctad), in Geneva. Network trade accounts for more than 75% of total developing country trade, with China responsible for about 60% of that.
Trade by low- and medium-income countries has increased to about 20% of world trade today from about 8% in the early 1990s. The trend of developing economies of the world trading between themselves, often called south-south trade, has picked up speed since the 2008 global economic crisis, says Przemyslaw Kowalski, Economist at the Organization for Economic Cooperation and Development in Paris. Some developed countries still haven't recovered fully from the crisis, while others—mostly emerging market economies—didn't dip as much and have fully recovered in trade.
That means that since the economic crisis, opportunities for new business or growth of existing business may exist in markets that weren't very evident before the crisis, Mr. Rigby of HSBC says. "Corridor creators" are what HSBC calls businesses that seek out the best trade partners to drive competitive advantage, regardless of location.
Source: HSBC Holdings

Popular posts from this blog

Overview of Social Media Marketing

Social media marketing refers to the process of gaining traffic or attention through social media sites. Social media itself is a catch-all term for sites that may provide radically different social actions.

Use social media marketing to listen, analyze, publish, and engage across networks. Align your marketing, customer service, and sales efforts on social — strengthening customer relationships.


Listen and analyze. Hear conversations from over 650 million different sources with social listening tools. Discover what consumers are saying about your brand, your products, and your competitors. Discover trending topics and influential conversations — then use that information to inform your marketing decisions.
Plan and publish. Plan, execute, and track social media marketing campaigns. Customize and craft your content from multiple sources, while protecting your brand with configurable approval rules and a full audit trail. Manage social strategy, tailor campaigns, and drive social awareness…

Why Digital Marketing and Web 2.0 Important To Business?

DIGITAL MARKETING

Digital marketing technology helps you understand and reach your audience most effectively so you can generate the most revenue.  For advertising campaigns, ad serving technology makes it possible to serve the right ad at the right time to right person.  That means your advertising is being as productive as possible. When technology is working for you, you’ll understand your audience at a whole new level, and it will show up on your bottom-line.


NEED FOR THE STUDY The pace of change in today’s business environment is faster than ever. New markets, technologies, and opportunities are arising on a daily basis. Current ways of doing business need to be adapted or they will become outdated. Organizations and enterprises have to become agents of evolution to be successful; as victims of evolution they risk failure. With so many dynamics operating in the global economy, Digital Marketing is now more than ever an effective tool to make a company stand out from the pack.

The pe…

Rural and Urban Marketing Linkage

MARKET LINKAGES
Some general principles need to be clarified to provide a basis for understanding food-marketing systems within a development context. In order to make any effective interventions in a marketing system it is necessary to define the types of marketing channels, their linkages and functions.
The term “market linkages” is often referred to in the literature on rural development. what precisely does it mean? The term linkage obviously implies a physical connection between the producer and the ultimate consumer. Linkages also involve financial transactions - the selling and buying of goods - and can be broadly defined in four different ways:
by the form of financial transactions or type of intermediaries who undertake the transactions;by the channels through which transactions occur and the type of facilities used for transactions;by how they are linked together by transport and communications networks;by the spatial distribution of transactions - where they occur and whethe…