BRICs face competition as globalization creates new emerging players

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Despite weak growth in 2012 and an uncertain economic outlook in many markets for 2013, globalization is still increasing among a majority of the world’s 60 leading economies according to Ernst & Young’s annual globalization report launched at Davos.

  • Growth in globalization driven by technology and cross-border flow of ideas
  • Concerns remain that protectionism in developed markets and BRICs likely to increase in 2013
  • Non BRIC rapid growth markets become more globalized and attract more focus
  • Rebound in investment interest in some developed markets
Read the full story: Globalization Index