Essay on economy

Today, emerging economies are attractive for investors. However, before entering a new market, the company operating in the manufacturing industry, for instance, has to conduct the in-depth study of the target market and the overall situation in the national economy. In this regard, the study of the balance of payment and capital account of the target country are particularly important for taking the right decision concerning launching business in the emerging economy. In terms of the current study, India and Brazil may be considered as the target market because these two countries are emerging economies which keep growing and have a huge potential for the further growth. In such a situation, the manufacturing company should consider carefully prospects of entering either Indian or Brazilian market, while the right decision may be taken on the ground of the accurate analysis of balance of payment, account of capital and economic policies conducted by each country.

CONCLUSION

Thus, taking into account all above mentioned, it is important to place emphasis on the fact that India and Brazil are attractive in terms of the business development for the manufacturing company. At the same time, India suffers from the lack of transparency, while autocratic trends are still strong in the national politics and economy, in spite of the strife of the company for the development of the open market economy. Instead, Brazil remains devoted to fundamental principles of the open market economy and maintains the high level of transparency of the national economy. In such a way, Brazil is more attractive for the manufacturing company in terms of launching the business in this country compared to India, where economic policies and situation are uncertain.