Over recent months the industrial gas sector has enjoyed a buoyant return to revenue, but undoubtedly the most pressing revelation of recent fiscal reports was the climbing value of industrial gas to emerging economies.
Indeed, the acronyms ‘BRIC’ and ‘CIVET’ are now near unavoidable in corporate conversation. But with recent quarterly reports in mind, and a 2012 calendar looming, just where do the fairest forecasts lie?
What better place to discover more than at the Cambridge Judge Business School’s CIBAM (Centre for International Business and Management) Global Business Symposium, titled BRIC’s and Beyond?
John Hawksworth, Chief Economist at PwC, began by outlining the current consensus of opinion, “Well I think for the moment we have a situation where vast economies like the US and the big European markets still account for the majority of the world economy as measured by GDP. But what we have seen over the last ten years has been very rapid growth in economies like China, India, Brazil, Russia, Mexico, Turkey and Indonesia and therefore that their influence is becoming more important.”
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