Andrew Jeffreys, the CEO and Editor-in-Chief of Oxford Business Group, has identified three main drivers of growth in emerging markets: trade, diversification and human capital. As the list of new economic zones and regional blocs continues to expand, and worldwide trade increases with it, economies are focusing anew on diversifying their sources of income and are channelling resources into the non-oil sector. Sectors such as tourism, finance, health care and construction are seeing massive growth. Education, too, is another growth story, as a highly qualified labour force skilled in vocational and technical training will be necessary to keep up the pace. In this video, Andrew Jeffreys discusses each component of growth in detail.
Egypt’s universal health insurance and large national health campaigns have sought to deliver improved health outcomes and broader access to care. Although Covid-19 has affected overall economic activity, it has also catalysed innovation and growth in the health sector.
As rising inflation and the global food crisis place financial pressure on many countries around the world, remittance flows to emerging markets are expected to continue to provide crucial support.
In the aftermath of the Covid-19 pandemic and on the back of high global energy prices, Trinidad & Tobago is set to grow over 50% faster than the global average for 2022.
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