Emerging International Markets To Lookout For
Emerging markets can sometimes spook entrepreneurs. China’s economic slowdown, anemic performances in Brazil, Nigeria and South Africa and this deteriorating socio-political situation in Turkey have prompted would-be business leaders to reconsider whether the opportunities there are worth the risks. But as these noteworthy markets have faltered, lesser-known ones offer comparatively stable economies. Here are three promising countries that offer entrepreneurs inviting business climates and rich opportunities: 1. Philippines The Philippines has strategically positioned itself as an investment alternative to China. Foreign direct investment to this Southeast Asian archipelago doubled in 2014, and its economy grew by 5.6 percent in the second quarter of this year. China’s economy lagged to just 7.4 percent growth last year, giving the Philippines the opportunity to win business away from the superpower. Entrepreneurs will find a growing market, low startup and manufacturing costs and favo...