Briefs: Energy + Natural Resources

Rising Giants: Companies Welcome

Gabriel White flickr

The landscape of global business is changing. While World 1 economies still dominate the global business landscape, more and more companies based in World 2 and even World 3 are making their presence known on a worldwide scale.

These rising giants are not only serving — and in some cases dominating — their home markets, but they also are increasingly seeking to expand into other markets, both from other emerging economies and from developed economies. The growth and expansion of companies from emerging economies will dramatically transform the global business landscape in the next two decades.

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The Future of the Auto Industry

Image: Marianna, Flickr creative commons for commercial use

Over the last century, the auto industry has put more than 1 billion vehicles on the world’s roadways—and continues to add more. Over the last five decades, the industry has averaged sales growth of 3% per year—double the growth of the world’s population over that period.

Yet the automobile industry is undergoing a dramatic transformation. Sales in what have traditionally been the industry’s strongest markets have leveled off in recent decades, but they continue to grow rapidly in emerging markets, especially China.

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