Business & Economy

Portuguese Speaking African Countries and the Booming Economies

portuguese-speaking-african-countries

This research traces roots of globalization and economic –development of the African countries speaking in Portuguese. These countries have approved booming economies in the last decade and similarities in the political background. The cultural and language similarities among these countries have turned them to be connected to Brazil and Europe. Investments in these countries have assisted in bringing their economies to be appreciated on a global level.

Competitiveness of Indonesia as Global Economic Player

competitiveness-of-indonesia

While Asia’s emerging economies account for less than 30 per cent of global GDP, they contributed close to 60 per cent of global growth in 2011 and are expected to do the same in 2012. American economist Nouriel Roubini stated that Indonesia will be the tenth-largest economy by the end of the decade and could be the sixth-largest economy by 2030, while projections for other countries in the region also show high growth potential...