They offer much - higher
growth than developed markets, and therefore very compelling return prospects.
These markets typically experience higher economic
growth than developed countries and are characterized by industrialization and a growing middle class.
Not exact matches
«That
growth potential could be greater
than we think — if businesses find new ways to engage with [global value chains] and
develop new products and processes to make them more productive and competitive,» Lane said.
The goal is always to encourage kids to
develop a
growth mindset, rather
than a fixed mindset.
Asia and Latin America are not risk - free, but «there seems to be sense in buying equities in these regions on similar or lower valuations
than their counterparts in the
developed world given that dividend
growth is likely to be superior, given higher economic
growth potential.»
«We have lots of opportunities in these countries where we can get better
growth than we can in
developed countries,» he says.
China is the world's second - largest economy, and even with a GDP
growth rate of 5 %, the
growth rate is more
than double that of
developed economies,» said Ma.
What is making the situation worse in terms of
growth, says Poloz, is that boomers in the
developed world have been putting their money into real estate rather
than investments that can stimulate the economy.
Or, if you're looking to instill a
growth mindset in yourself rather
than your little ones, Dweck has offered great advice on
developing the right mindset for success elsewhere.
Intel's accomplishments run deeper
than having
developed a powerful monopoly position in the microprocessors that drove the
growth of personal computers.
In the months following its international launch, Netflix's subscriber
growth was weaker
than many analysts expected, and many argued that this was partly because broadband Internet access is not as widespread in many
developing countries.
That's still rapid
growth — far better
than any
developed nation — but because it's such an integral part of the world's importing and exporting ecosystem, even the slightest economic pullback will have some eff ect on the rest of the world.
More
than half think the world's
developed economies have hit a prolonged period of slower
growth — or what they call «secular stagnation.»
But while that
growth is comparable to the rates of most other cities in
developed nations (and better
than some), it's far below the rates at which cities are growing in China, Brazil and India.
«We'll be happy with the 1 % to 2 %
growth in the
developed North American markets and maintain our presence there,» says Saputo, «but we're tapping into emerging markets that are showing more
growth potential
than the
developed markets.»
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain
growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger
than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to
develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully
develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
That's still a «healthy level,» says the report, but it signals that the U.S. will lose ground to
developing nations, which are suffering far smaller declines in
growth than the industrialized world.
I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher
than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples
than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term
growth, more likely).
Last year, the federal government announced it would
develop a policy that aims to cut more carbon pollution
than any other in the Pan-Canadian Framework on Clean
Growth and Climate Change, by promoting the production and use of cleaner fuels in vehicles, buildings and industry.
At one level, most of these businesses appear to be success stories: On average, these companies grew profits in their
developing market subsidiaries by 15 % a year from 2005 to 2010, more
than twice the profit
growth rate in the rest of the business.
That
growth potential could be greater
than we think — if businesses find new ways to engage with GVCs and
develop new products and processes to make them more productive and competitive.
PepsiCo Inc reported better -
than - expected quarterly revenue on Thursday as double - digit
growth in
developing markets offset another quarter of weak results in its North American beverage unit.
In other words, when
developed markets enjoy a cyclical bout of reflationary
growth, they have historically had a bigger
growth impact on China and EM economies
than when
developed market economies are weak.
Bonds, stocks and real estate, he writes, are overvalued because of near zero percent interest rates and a
developed world
growth rate closer to zero
than the 3 % to 4 % historical norms.
As a result, and because of the Bullwhip Effect,
growth in
developing economies is going to be jerked around more
than people think, making for a good deal of cyclical economic contagion.
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production
growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern
developed.1 Natural gas generally took its downward price cues from elevated US production and
growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger
than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record
growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.
EMs currently account for more
than half of the world's GDP and around two - thirds of GDP
growth — that economic share is only expected to rise as EMs are projected to grow faster
than developed markets (DMs) in upcoming years.
The founders get this conceptually, but sometimes they can be fixated on making the company grow linearly by getting more «paper» under management, rather
than developing a solution that unlocks exponential
growth.
Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said the country's GDP
growth has overtaken Singapore, Indonesia and even higher
than certain
developed countries like the United States.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales
growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher -
than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to
develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
The broker said detailed analysis revealed the firms - which
develop and operate aged care facilities around Australia with more
than $ 1 billion in property on their combined balance sheets - face zero earnings
growth.
After more
than four years of subpar
growth, global GDP hinges on the resilience of domestic demand in
developed nations, the outlook for China and the impact of US monetary tightening on emerging markets.
In short,
developed markets are more stable albeit with lower
growth prospects
than the emerging markets.
The eighth sure thing was that, with non-U.S.
developed market and emerging market economies generally growing at a slower pace
than the U.S. economy (and with many emerging markets hurt by weak commodity prices, slower
growth in China's economy, the Fed tightening monetary policy and a rising dollar), international
developed market stocks would underperform U.S. stocks in 2017.
More
than anything else, Islam today needs a period of peace in order that favorable conditions may
develop for the
growth of Islamic thought.
Most all religions eventually
develop writings which appear to me to be more human
than divine, but that doesn't disqualify them from being a stepping - stone to spiritual
growth.
It is rightly stressed that no sustainable society is possible apart from population stability.26 Such stability can not be attained at once, but there is great importance in
developing policies which will rapidly slow population
growth around the world and bring it to a halt at no more
than six billion.
This part of the tradition underwent more extensive and rapid change
than any other simply because interest in Jesus» birth
developed relatively late and there was no solid body of remembered fact by which to check the
growth of legend.
Saddleback demands far more of its multitudes
than mere church attendance, and it actually drops from the rolls people who do not move toward membership and evidence this
growth by making covenants, giving generously and
developing from members into ministers.
Such
growth - support groups are invaluable to participants, but they require a major investment of the leader's time, often more
than can be offered to one group, unless competent lay leaders can be
developed.
The organic market in the People's Republic of China is enjoying continued
growth, as more and more consumers are turning to products
developed on environmental principles: with turnover of more
than 5.8 billion USD in 2015, China is now the world's fourth - largest organic consumer market.
Coca - Cola Amatil is aiming to restore profit
growth in its Australian beverages business by throwing its weight behind Brand Coke and Mt Franklin rather
than developing new products and categories.
Many of the
developing Asian countries have higher food output
growth per year
than Australia.
Since 1981, this division has helped generate economic
growth and improve the quality of life for millions of people through more
than 275 projects in 76
developing nations.
FFP ensures clubs have to try and
develop younger players and competitive business plans, and it provides employment, education and
growth, rather
than a sugar daddy throwing obscene amounts of money at the best players in the world, where the money goes into diamond earrings and hair transplants rather
than developing players and facilities.
Learners who have a
growth mindset are more liable to choose challenging tasks, persist on those tasks, and
develop skills more readily
than those with a fixed mindset.
Rather
than worry about or tie yourself to a particular method, I recommend focusing on two things for first foods: Nutrient dense foods to support
growth and development, and foods that are appropriate for a
developing digestive system.
Special
growth charts based on gestational age rather
than chronological age have been
developed for infants, beginning at 26 weeks» gestational age.
This model is based on Dr. Gayle Peterson's philosophy and childbirth preparation program originally presented in 1980 in her groundbreaking book, Birthing Normally: A Personal
Growth Approach to Childbirth and
developed over more
than 35 years of research and clinical practice.
Over the period 1980 to 2012, unemployment rose from just 6.4 % to 27.4 % in spite of consistent GDP
growth rate averaging more
than 7.5 % and by 2016, 33.6 % (using NBS old measure); Human Development Index (HDI) has risen only modestly between 1990 (0.411) and 2014 (0.514); and average life expectancy in spite of our enormous resources remains stuck at 52.9 years in 2015 while the equivalent figure in the
developed world averages over 70 years.