NEW YORK, Oct. 16, 2024 /PRNewswire/ -- S&P Global today published the latest edition of its Look Forward research series, which identifies and assesses the opportunities and challenges the next decade will bring for emerging markets' economic growth in terms of energy transition, supply chain integration and labor productivity.
By 2035, emerging markets will play a crucial role in shaping the global economy, contributing about 65% of global economic growth. While supportive demographics, abundant natural resources, evolving trade dynamics and technological innovations in energy and manufacturing could propel their development, geopolitics, climate change and limits to frictionless trade and globalization could add complexities.
Key findings from Look Forward Emerging Markets: A Decisive Decade include:
"In the coming decade, emerging markets are strategically positioned to drive global economic growth through the expansion of their domestic markets and to benefit from the reconfiguration of supply chains, trade and investment," said Yann Le Pallec, Head of Global Ratings Services, S&P Global Ratings. "This edition of our Look Forward Journal draws on the deep expertise across our enterprise to examine the biggest themes shaping these vibrant economies and help our customers navigate the complexities of emerging markets with confidence."
Access the full report here - Look Forward: Emerging Markets — A Decisive Decade | S&P Global (spglobal.com)
This is the latest in the Look Forward research series from the S&P Global Research Council. For more information about S&P Global Research Council, please visit: https://www.spglobal.com/en/research-insights/featured/research-council
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SOURCE S&P Global