Colombia a promising economy: a look to the key issues for doing business

PicColombia[1]

Author and Contributor

Pablo Zambrano B

MSc Business Development

Grenoble Graduate School of Business

pablo.zambrano@grenoble-em.com

– 2015 –

With rapid growth rates and an increasing consumption, emerging economies are becoming global players offering value added products and services in saturated markets dominated by developed nations. This paper intends giving an overview of the Latin American region as well as a briefing of the Colombian market as an emerging economy. Key positive and negative issues where pointed in order to have a global vision of the market. Continue reading

Emerging markets multinational enterprises

Emerging market multinational enterprises (EMME) is a key term being discussed by economists and analysts for the past decade. Emerging market multinationals are companies that have been considered rising stars showing up on lists such as S&P 100 and FT Global 500. Based on the Financial Times, “in just two years, from 2006 to 2008, the number of Brazilian, Chinese, Indian and Russian MNEs on the FT Global 500 more than quadrupled from 15 to 62, in September 2010 there were 80. (Lexicon)”

Until a few years ago, multinationals from developed countries were shaping the market we live in, creating opportunities, making acquisitions, expanding and making foreign direct investments in developing markets. The global market was dominated by multinationals from developed economies. These experienced multinationals were investing in FDI’s and were in fact also contributing their knowledge and sharing their experiences with the small-medium enterprises (SME) in emerging economies. Recently, this context has changed with the rise of companies from rapidly developing economies. From what SME’s have learned from these multinational companies and with the contribution of external forces, such as governments, low labor costs, and several others, they have become global key players. Continue reading