Post(s) tagged with "economy"
The attention is, like many of us have predicted, continuing to shift towards Africa
The continent’s consumer-facing industries are expected to grow by $400 billion, representing its single-largest business opportunity, by 2020. But many companies don’t know how to translate this potential into action, because of a dearth of market research. That, however, is changing. In one of the first studies of its kind, McKinsey’s Africa Consumer Insights Center surveyed 13,000 consumers in ten African countries, with a focus on the largest cities. Five categories of consumption were covered: apparel, financial services, groceries, the Internet, and telecommunications.
Economist Joe Cortright compared growth in miles driven per capita before and after five recessions. He found that, unlike in the past, drivers are logging fewer miles, not more, during this economic recovery. Image: Joe Cortright/CEO…
Shopper Alert: Price May Drop for You Alone
At a Safeway in Denver, a 24-pack of Refreshe bottled water costs $2.71 for Jennie Sanford, a project manager. For Emily Vanek, a blogger, the price is $3.69.
The difference? The vast shopping data Safeway maintains on both women through its loyalty card program. Ms. Sanford has a history of buying Refreshe brand products, but not its bottled water, while Ms. Vanek, a Smartwater partisan, said she was unlikely to try Refreshe.
Full Story: NYT
This is a development which is perfectly in line with the big data capacity together with the individualization megatrend. When further connecting the personal price to the individuals influencing factor on the Internet, or the availability of a certain product in a certain area the long term consequences could well be a completely scattered and chaotic consumer landscape where prices never will be a common factor for the large group anymore. This in turn might lead to a totally opaque situation where price and consumption will become an arena for political shadow boxing. Even if it is calculable what people earn, it will be impossible to understand what that mean in terms of e g real purchasing power or standard of living.
No recovery until 2018, IMF warns
Fund’s chief economist Olivier Blanchard says global economy will take a decade to recover from the financial crisis
Full Story: The Guardian
futuramb: What does he really mean with recovery? In the article the writer use the words “back in decent shape”…
Rich Chinese flee
Rich folks in China simply want to leave the country.
That is not news. A survey did point this out more than a year ago, and survey after survey is pointing to the same conclusion. And they are going everywhere, sometimes to places that we have not heard of, like Prince Edward Island, not to mention other more popular destinations, like Vancouver, Australia, or… whatever…
Full Story: Macrobusiness
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P A Martin Börjesson
To be able to see the future emerge we have to throw a wide net to catch the weak signals. In this tumble I collect things I find valuable for my work as scenario planner, strategist and futurist - for more info about me go to www.futuramb.se.
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