Emerging Markets
ALA Chicago 2009
Librarians at the Gates!
Terese M. Terry. Lippincott Library. Wharton School.
U of PA terryt@wharton.upenn.edu
Emerging
Markets
Librarians at the Gates!
"The big event of the last 20
years is the success of free
markets in India and China.
This is more important than
any financial crisis.”
Deirdre McCloskey, professor of
economics at the University of Illinois:
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What is an
Emerging Nation?
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defined as a society transitioning from a
dictatorship to a free market-oriented
economy, with increasing economic
freedom, gradual integration within the
global marketplace, an expanding middle
class, improving standards of living and
social stability and tolerance, as well as an
increase in cooperation with multilateral
institutions.
Dr. Vladimir Kvint - president of the
International Academy of Emerging
Markets.
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A Superpower country has:
An economy near the size of the US economy. (US Forecast: $39 trillion by 2030. -30 times that of India, South Korea or China,)
Original consumer brands. Coke, Nike, etc.
A military capable of waging global war.
Major universities. (17 of the top are in US)
To attract talent to live there.
To be a world leader in entertainment and culture.
To put people in Space.
To put up funds and to help solve world problems.
To get used to criticism for being a superpower.
World Future Society.Assessing Global Trends for 2025 The Futurist magazine Nov. 2008.
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Information Barriers
Disclosure, Reliability, Transparency, Consistency, Timeliness.
Language.
Infancy of the economies.
Superabundance of unqualified information. (It don’t mean a
thing if it ain’t got that S.W.I.N.G! Sources With
Impeccable Numbers Given)
Political control of business and society -- incoming and outgoing
news and all media.
Corruption
terryt@wharton.upenn.edu
2600 years
Shenzhen Stock Exchange 1991 NYSE 1790 -
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Lesser ( but
annoying)
Barriers
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Pay and Yay
Fee based and Free resources
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Ya
y
FDI. Net “Doing Business”
Premium reports.
Asian Development Bank. adb.org/
Economic data, Financial Statistics.
Knowledge at Wharton.
Wharton.upenn.edu
Other B Schools’ publications
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TRADE STATS EXPRESS http://tse.export.gov/
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Euromoney
By Euromoney magazine. http://www.emergingmarkets.org/
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http://www.adb.org
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www.ft.com/markets/emerging
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http//:knowledge.wharton.upenn.edu
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•See also other B School sites for useful reports.21
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Other Yay Resources
Doing Business in….(World Bank) http://www.doingbusiness.org
World Investment Report. UN.
US Dept of Commerce.
http://www.unctad.org
http://www/ Export.gov
Global-Production.com
Market Watch. http://www.marketwatch.com/markets/emerging-markets
Lippincott Research Guides listing premium and free resources.
http://www.library.upenn.edu/lippincott
Asia-Pacific Business. China Business, India Business, Latin America
Business, Middle East / North Africa / Sub-Saharan Africa, Emerging Markets
( in progress)
Keep in touch! I’ll post your Yays on bizrefdesk.blogspot.com (Land of the free
and the good)
Terese M. Terry
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terryt@wharton.upenn.edu
Pay -
approximate annual cost
• ISI Emerging Markets (Euromoney Institutional Investor)
$25,000
• CEIC (also Euromoney)
about
$500 - $2250
• Euromonitor Global Markets Information Database. About $23,500
• ORBIS - BVD. About $50,000
• S&P Emerging Markets Database EMDB $15,000 to $42000
• Business Monitor International
About $3600
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15 million global public & private
Company detailed profiles.
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CEIC
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S&P Emerging Markets
Database
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Young Pioneers. Communist Youth Organization
Cosmetics Market
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Business Monitor International
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