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Emerging Markets: Indicators or People?

A quick scan of the front page of The Wall Street Journal this morning revealed this headline: “Wary Investors Flee Emerging Currencies.” It captured a growing sentiment that emerging markets are not so promising, as once thought: they are too risky; investments should be made elsewhere. Well, they are risky, and they will not [...]

MSR21 and the Carnegie Endowment for International Peace

A few weeks ago I was invited to Washington and the Carnegie Endowment for International Peace to participate in a roll-out for a new think tank, Marine Silk Road 21st Century, or MSR21. MSR21 is an advisory group dedicated to understanding the Indian Ocean basin, including the commercial, environmental, political, cultural and military activities in [...]

Iranian Thaw, American GRIT

My, how things change: a new president with fresh ideas, a global media blitz, and a captivating visit to the UN. I’m referring to Iran’s new President, Hasan Rouhani, by the way, not President Obama, although the latter may seize the moment. Mr. Rouhani is the face of what appears to be a new policy [...]

Welcome (back) to Sarajevo

Can a city in Europe be considered an emerging market? It can when it still suffers from a brutal civil war that ended less than 20 years ago. Sarajevo was at the heart of that war and still struggles to emerge from it. This quick blog-entry comes between some field research and a lecture. I’ve [...]

China and the Unicorns

Surfing the web, I recently found a cartoon depicting two shore-bound, forlorn unicorns watching an ark drift out to sea. For whatever reason, they missed the boat. Some trends left me wondering if that whimsical cartoon could possibly serve as a parable for the fates of many players in emerging markets. For example, a recent [...]

The Marine Silk Road

The winds of fate have greatly shaped the course of emerging markets throughout history. This literally was the case for the Marine Silk Road, which stretched from the Arabian Peninsula, across the Indian Ocean, through the Straights of Malacca, around Vietnam, and up to China. Due to favorable and predictable monsoonal winds, ships have plied [...]

One Night in Bangkok

One night in Bangkok — three nights, actually — and here are some quick impressions. Bangkok is a postmodern polyglot of people, brands, ideas, traditions, trends, marketing and consumption that bedazzles, amuses and amazes. More than 10 million people of all hues and stripes reside in Southeast Asia’s “City of Angels,” millions more visit annually.

Despite [...]

Bosnia’s Arizona – Markets Emerging from the Ashes

Nearly seventeen years after the Dayton Accord, which ended a bitter, sectarian war in Bosnia-Herzegovina, I returned to Bosnia’s Arizona last week to see how that peace agreement was playing-out. Yes, Bosnia has an Arizona. Well, it has an Arizona Market, which emerged in the Brćko district of Bosnia’s Republika Srpska, [...]

Burma – Back in Play

Burma, or Myanmar, depending where one stands politically, is re-emerging. On the cusp of becoming a hot market in the 1990s, a military coup d’état deposed the freely elected president, Aung San Suu Kyi. That insurrection and subsequent concerns about human-rights abuses and state-sanctioned business practices involving the trafficking of narcotics, people and guns led [...]

Fait Accompli?

The American Marketing Association recently co-sponsored a symposium on Emerging Markets. Several scholars, including yours truly, were invited to share their perspectives. Ideas and research, from trends to methods to outcomes, were discussed. In addition to introducing a few of my own projects in emerging markets, I also was asked to synthesize the day’s discourse. [...]

About this blog

Some of the most compelling events on the planet are unfolding at breathtaking speed in emerging markets, home to more than 4 billion consumers. This blog is a forum to discuss business, policy, and social developments in them, with hopes for better understanding—and responsible and equitable development—of emerging markets, the world over.