After 10 years of frenetic growth, the BRICS are slowing down sharply: for 2014, Coface forecasts growth of on average 3.2 points lower than the average growth these countries registered over the previous decade. At the same time, other emerging countries are accelerating their development. Among them, a ‘top 10’ emerges with good production prospects and sufficient financing to support expansion.
In addition to accelerating high growth, financing is needed to boost investment
Despite a consumer trend that remains favourable, the BRICS are experiencing a growth downturn due to an adjustment in supply and a marked slow-down in investment. Local businesses no longer have sufficient production capacity to meet continued strong demand.
In addition to accelerating high growth, financing is needed to boost investment
Despite a consumer trend that remains favourable, the BRICS are experiencing a growth downturn due to an adjustment in supply and a marked slow-down in investment. Local businesses no longer have sufficient production capacity to meet continued strong demand.