Financial Times
Catching up can be hard to do. But while many emerging market economies have hit the skids in the past couple of years, an aggressive cohort of multinational companies from developing countries has continued to rise steadily.
The recent slowdown in headline GDP growth in several emerging markets — notably recession-hit Russia, Brazil, and South Africa — has affected the growth rates of many corporate challengers from the developing world, says Christoph Nettesheim, senior partner at BCG in Singapore. “Nevertheless, I would say that emerging market companies are still winning market share from multinationals overall, despite the slowdown that we have seen in the last couple of years,” Mr Nettesheim says.
