Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .


Strategies emerging markets adopt

Global Banking And Finance 1 News

Delivering quality service and meeting expectations to survive in the mesh of large and small industries within the world financial market is a huge task and requires well thought out strategies in conjunction with the tools and resources to follow these strategies. To get itself identified and become a forerunner in the international markets is a massive task. There is an enormous amount of competition prevailing in this sector.

Let us first understand the pillars for setting up a business and managing its scale for success.

  1. Any business intervention requires two modes of transactions- buying labour and capital and selling raw materials or finished goods or services.
  2. When you try to identify the resources that can help realize your labour and capital demands and thus you’re drawn towards finding out the plausible destinations most suited for your business; also the market that can offer you the capital you may require. It helps you determine the country you can find your niche.
  3. Another important aspect you cannot overlook is the country’s social and political climate. You may try setting up a business in your home country or other developing countries; it depends on how comfortable you are with setting up a business there provided all the factors are aligned properly.

It all comes down to the feasibility of the five contexts structure essential for operating a business efficiently. Let us discuss the five contexts structure:

  1. Social and political milieu: The political system of a country has its affect on the productivity of its goods and services, labour and the capital market. The political societies around the world displays a wide spectrum e.g., socialism, communism, fascism, conservatism, liberalism etc. China is an essential market and has its impact on the world market. As per law, China (socialist society) doesn’t allow its labourers to form unions and thus no fight for wages’ increase. At the social viewpoint any nation would be divided into different segments i.e. division based on linguistics, region, religion etc. These parameters also impact the competitive spirit of foreign investors. A particular company/ business will find its own field of operation depending upon predominant characteristics it displays attracting the majority of crowd in that region. If you think that you do not exhibit all the characteristics to succeed in your business stint in any region, you can always join hands with another company which already has a stronghold in that region.
  2. Openness: There are countries which foresee a good future in building relationship with multinational companies and entertain foreign direct investment from such companies. Sometimes the term “open” can be fallacious. As there are countries which appear to be open in welcoming foreign investment however they may actually take a rigid stand, e.g. China. On the other hand, there are other nations, e.g. India, which is called a closed economy, but has always been receptive towards the ideas on foreign investment.
  3. Product markets: Delivering your products to the target consumers is a task. The target consumers belong to the middle class category and delivering products to this consumer section requires efficacy and information from reliable sources to outperform their expectations.labour. Many big firms face the absence of efficient managerial staff to coordinate with the training staff. The number of business schools, training colleges etc. that has burgeoned since the past few years may have tried to push skills into the working class, but the managerial seats are not getting occupied to the extent, the firms would expect.
  4. Capital markets: The developing countries lack in producing efficient results within the capital and financial markets. The developed nations operate with the help of intermediaries like credit rating agencies, merchant bankers etc. which is one area the developing nations are not good at. Due to this lack of sophistication, transnational companies find it difficult trusting their brother companies in these nations following the local laws.

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post