BP predicts that global energy use will rise by almost 40 percent by 2030, led by demand from emerging economies
, according to the Energy Outlook 2030 report published on January 19.
The Asian Development Bank (ADB) has announced that it has cut growth forecasts for emerging economies
Among G20 emerging economies
, with some exceptions like Mexico and South Africa, unemployment has been trending downward as the expansions have gathered momentum.
He also forecast emerging economies
to outstrip advanced economies as the world's primary markets for consumer electronics in 2015.
In many big emerging economies
, the growing role of domestic demand is already apparent and outsourcing is already under way," said Hans Timmer, the World Bank's director of development prospects.
now account for a large share of the world economy so the slowdown in theses nations could produce sluggish near-term growth globally, despite the pick-up in the advanced economies, the report cautioned.
In a statement delivered during his visit to Sao Paulo, Geithner said a sharp rise in capital inflows in Brazil is happening as investors around the world put their funds into the country, given the high growth pace and higher rates of return relative to other emerging economies
Asia, excluding Japan and China, have attracted over 75 per cent of the global fund inflows into emerging economies
in 2009, even as the total inflows into emerging economies
as a whole touched a record $ 80 billion.
These three big emerging economies
, together with Brazil, are known collectively as Bric which is widely seen as the most important group of nations for the future of world trade.
President Katsuaki Watanabe indicated Thursday the automaker is planning to build new plants in China and India to meet fast-growing demand in those emerging economies
There are plenty of hard and fast rules--quarters of negative growth, standstill job markets, slack consumption--but most will tell you that it has a lot to do with how a slowing economy affects one personally For some emerging economies
, dropping from double-digit to single-digit growth feels like a slowdown; others would be thrilled if only joblessness would diminish.
The increasing integration of large emerging economies
into the global economy means that the volume of world trade and global growth prospects will continue to rise.