Awesome article on our current International trade and Emerging Markets topics.
The power shift in economic power can be linked to the fact that the demand for these goods is being taken up by consumers who are not from the U.S, Europe and Japan. The fact that these consumers are much younger than their "western" counterparts also sends a message for the future. These wealthy consumers have a lot of productivity left in their life spans. Can the old economic powerhouses keep up?
http://www.usnews.com/sponsored/features/the-changing-face-of-luxury
The power shift in economic power can be linked to the fact that the demand for these goods is being taken up by consumers who are not from the U.S, Europe and Japan. The fact that these consumers are much younger than their "western" counterparts also sends a message for the future. These wealthy consumers have a lot of productivity left in their life spans. Can the old economic powerhouses keep up?
http://www.usnews.com/sponsored/features/the-changing-face-of-luxury
I am so glad that I came across thi sone.
ReplyDeleteGood job!
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