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Inside out: business in Russia: J@pan Inc's column concerning business conditions in an emerging market.(Business in Russia)(Column)

Publication: Japan Inc.
Publication Date: 01-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
When Toyota Vice President, Tokuichi Uranishi, addressed a press conference in Seoul, March 2008, his forecast noted that the rising prices of raw materials and a slump in demand from the US has led the company to emerging markets such as India, China and Russia to reach their 2008 global As...

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...sales targets. the credit crunch intensifies throughout world markets, investors are intensifying their focus on the world's emerging markets for their investments and business development strategies. Emerging markets account for more than 30% of the global economy; their land mass is multiple times larger than even the whole of developed Europe; and they have demography on their side--populations in emerging markets are forecasted to grow by one billion by 2050, while populations of developed nations are predicted to decline.

[ILLUSTRATION OMITTED]

The bear

A recent Morgan Stanley report ranked Russia as the "top emerging market" based on rising oil...

NOTE: All illustrations and photos have been removed from this article.

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