According to a report by global management consulting firm A.T.Kearney, 12 countries at the moment are the fastest emerging markets in the world, with Brazil ranking top on the list.
With upcoming Olympics and World Cup Brazil is expecting to see up to $50 billion in investment. The biggest challenges for international retailers are high import taxes and seasonal differences. The other eleven are Uruguay, Chile, India, Kuwait, China, Saudi Arabia, Peru, United Arab Emirates, Turkey, Lebanon and Egypt with India ranking 4th on the list.
Source: http://www.rediff.com/business
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