A real economic transformation

September 2013
Finweek;9/19/2013, p15
The article looks into the pace of transformation of South Africa after the five-year plan unveiled by the city of Johannesburg in 2008 to stimulate economic development. A study from the Unilever Institute of Strategic Marketing revealed population growth among African middle class, putting their buying power at par with the white middle class. Evidence showed developments in Soweto and the visibility of law officials. The study raised concern over a decline of social and professional success.


Related Articles

  • BIG BRICS, WEAK FAITH ON EACH OTHER AND OPTIMISTIC FOR RULING THE WORLD. Korrapati, Raghu B.; Phani Kumar, K.; RAO, K. S. // Summer Internet Proceedings;2013, Vol. 15, p101 

    The five BRICS countries are distinguished from a host of other promising emerging markets by their demographic and economic potential to rank among the world's largest and most influential economies in the 21st century. Together, the five original BRICS countries comprise more than 3 billion...

  • Factors Considered By Lower Middle Class People of Khulna City, Bangladesh on Buying Some Selective Consumer Products. Afroj, Sadia // Global Journal of Management & Business Research;Mar2012, Vol. 12 Issue 5, p1 

    Bangladesh is one of the least developed countries in South-Asian region, with a per capita annual income of around $ 750. People's purchasing power is very low compared to other South and South East Asian countries. People of urban areas are the main customers of branded consumer products in...

  • Conspicuous Consumption. Hassett, Kevin A.; Mathur, Aparna // National Review;10/9/2006, Vol. 58 Issue 18, p22 

    This article is an editorial on the view that the American economy is stretching the middle class and benefitting only the rich. The authors write that those who expound the idea of the shrinking middle class and the decline in wages fail to take into account the amount of benefits given to...

  • Asia Pacific consumer markets in perspective.  // Market: Asia Pacific;Aug2005, Vol. 14 Issue 8, p5 

    Presents data on consumer markets in Asia Pacific. List of Asia Pacific nations ranked in descending order of population as of 2005; Purchasing power parity per capita estimated by the International Monetary Fund for 2005; Estimated year-on-year variation in private sector consumption from 2004...

  • MARKETING TO HISPANICS IN THE US. Lintott, Amanda // Brand Strategy;Oct2004, Issue 186, p48 

    This article focuses on marketing to Hispanic Americans in the U.S. Hispanics are now the largest minority group in the U.S. And as the numbers grow, so does the community's purchasing power. The sheer size of the US Hispanic population, 35 million people in 2000, according to the US census,...

  • Middle-class growth and the promise of chemistry. ROGERSON, CRAIG // Chemical Week;9/8/2014, Vol. 176 Issue 23, p84 

    The article examines the trend in the chemical industry amid the growth of the middle-class and middle class consumption through 2039. It mentions that the consumption rates for goods and services will shift from West to East, especially in China and India, because of the growing middle class...

  • Keeping up with the Zhangs.  // China Economic Review (13506390);Mar2013, Vol. 24 Issue 3, p40 

    The article looks at a report by consultancy firm McKinsey that assesses the spending potential of China's middle-class. McKinsey forecasts that by 2020, 51% of China's urban middle-class citizens will move up from the "value consumer" segment to the "mainstream consumer category," where they...

  • Opportunities In Ageing Populations.  // Emerging Markets Monitor;5/28/2007, Vol. 13 Issue 8, p1 

    The article assesses the growth of the 60+ population in a number of key emerging markets. It predicts an increase in consumer spending across the emerging markets. It presents a recap of some of the comments made in the article "EM Middle Class: How to Gain Exposure" in the February 22, 2007...

  • Chapter 5: Recovering from the second jobs dip: Challenges and policies: Coordinate stimulus for global demand and employment creation.  // Global Employment Trends;Jan2013, p120 

    The article discusses the need of a coordinate stimulus for global demand and employment creation. It mentions that policy actions taken in a country need to be coordinated globally for rebalancing growth and also to foster multi-polar growth engines. Issues regarding an increase in purchasing...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics