“The increasing affluence and the emergence of consumer classes in developing countries is a durable trend that should continue for many decades to come.” — Rob Lovelace, portfolio counselor
Download this now: Rise of the Global Consumer
Introduction: In Peru and other developing countries around the world, young men and women are doing things their parents never dreamed of. They are buying washing machines, taking their first plane rides and calling home on their smartphones. Indeed, millions of people around the world are now beginning to have a lifestyle that not so long ago seemed unattainable. The improvement in their standard of living represents a remarkable transformation that could have significant ramifications for the global economy and companies around the world. Download the entire article
