As Egypt’s opposition prepares to mobilise a million people on the streets to oust President Hosni Mubarak, Business Monitor International’s Head of Middle East and North Africa analysis, Jean-Paul Pigat, discusses the impact of the political crisis on tourism and investment on the BBC’s World Business Report. Skip to 3m 10 seconds to get straight… [Read more]
Corruption is a major problem for most emerging markets, and in truth, quite a few developed states. Time and time again in BMI’s analysis on emerging markets, my colleagues and I have written on how governments need to crack down on corruption, if they want to attract greater foreign investment and prosper. However, this is… [Read more]
In recent years, Latin American economies have benefited from booming US consumer growth, high commodities prices, and ample global liquidity, helping the region post an estimated average annual real GDP growth rate of 5.1% between 2004 and 2008. Now, however, the tide is turning rapidly, and I am expecting growth to fall to 4.6% this… [Read more]