S&P Global: Emerging Markets Set to Drive Global Economic Growth in the Next Decade | PR Newswire [Video]

, /PRNewswire/ — S&P Global today published the latest edition of its Look Forward research series, which identifies and assesses the opportunities and challenges the next decade will bring for emerging markets’ economic growth in terms of energy transition, supply chain integration and labor productivity.

Emerging Markets: A Decisive Decade

By 2035, emerging markets will play a crucial role in shaping the global economy, contributing about 65% of global economic growth. While supportive demographics, abundant natural resources, evolving trade dynamics and technological innovations in energy and manufacturing could propel their development, geopolitics, climate change and limits to frictionless trade and globalization could add complexities.

Key findings from Look Forward Emerging Markets: A Decisive Decade include:

• Emerging markets will average 4.06% GDP growth through 2035, compared to 1.59% in advanced economies. This growth is driven mainly by emerging markets in Asia including China, India, Vietnam, and the Philippines.
• Our macro-level data on market potential, policy favorability, institutional …