Over the past two decades, emerging markets have grown twice as fast as advanced markets. And despite the severe downturn and anemic recovery in advanced markets, emerging markets generally were more resilient to the global crisis and are expected to continue to grow two times the rate of advanced markets over the next 20 years, due to the exponential expansion of a burgeoning middle class and the ability to leapfrog legacy technologies.
For many companies doing a deal is the best – or only – way of tapping into growth markets, largely because it is faster than going-it-alone. But deals in growth markets remain incredibly challenging.
PwC partners Nick Page and Coolin Desai discuss how cultural and commercial differences among some markets can trigger issues affecting deal closures.
Industrial and urban growth in the emerging markets has led to unprecedented investment plans in infrastructure. This is creating opportunities for infrastructure operators, engineering and construction companies, private materials, and financial firms.
In PwC's Emerging Markets Infrastructure Series, we provide insights on the goals, challenges, risks and opportunities associated with emerging market infrastructure developments.
Julian Smith, PwC Capital Projects & Infrastructure leader in Central and Eastern Europe, provides insights on the region's infrastructure development.
Access to capital to fund expansion and operations is critical to a company’s ability to meet its short- and long-term objectives. In the best of times, these transactions are highly complex, require sophisticated analysis, and often involve complicated structures. With an increasingly sophisticated capital markets infrastructure in several emerging markets, there continue to be more opportunities for issuers to raise capital beyond the traditional listing centres.
Enriched with data and interviews with companies and global capital markets advisers, Cross-border IPOs: Choice in an uncertain world — explores the evolution of cross-border IPO activity over the last decade, describes its main drivers today, and anticipates the likely trajectory of an important market trend.
Despite the acceleration in the globalisation over the past ten years, companies have found that cultural differences, as well as inconsistent regulatory requirements, are still the major obstacles to growth. Adaptability is critical. Where companies can often come unstuck is in trying to replicate a business model developed in the UK or another territory.
If you are responsible for managing taxes in a business which trades or operates across a number of different territories, you will recognise how much of a challenge it can be trying to keep on top of the corporate tax rates and rules in each of those countries, notwithstanding the fact that these frequently change.
Worldwide Tax Summaries is a key reference tool for all tax practitioners. It draws on the breadth and depth of expertise offered by PwC, and gives you quick access to information about the corporate and individual tax systems in over 150 countries worldwide, in an easily digestible format
Paying taxes 2013 is an in-depth annual study comparing business tax systems across 185 global economies, calculating the total compliance burden (including Total Tax Rates, time to comply, and number of payments), and analysing the data and reform trends over the past eight years.
Tax transparency and country-by-country reporting provides an overview and comparison of a range of transparency initiatives currently in force or being proposed.