Swiss Economicblogs.org
Consumers in emerging economies can be forgiven for having a less than rosy outlook these days. Currency weakness, market volatility, and in some countries, political risk, drove declines in consumer sentiment throughout much of the developing world in 2015, according to the Credit Suisse Research Institute’s 2016 Emerging Consumer Survey. In the long-term, however, consumption in the emerging world is still a growth story – one driven by an emerging middle class and optimistic young...
Read More »Emerging Consumer Spending: Short-Term Pain, Long-Term Growth
