Ryan Elantri is a rising senior at Penn State University, where is majoring in economics. He expects to graduate in spring 2017, and is looking forward to pursuing a career in international business and finance. To prepare for the future, Elantri has interned with a finance firm in Shanghai, China, worked with student finance and investment groups, and remains informed about the current state of the global economy. Here are some of the biggest markets that are poised for growth in 2016/17 (source: Bloomberg).
-China has been a market to watch for the past several years, and it just continues to grow and boom. With many huge cities and manufacturing centers, China is becoming one of the world’s biggest trade hubs.
-South Korea is another Asian market that is poised for significant growth in the near future. Seoul is one of the biggest cultural hubs in Asia, and attracts business and investors from all over the world.
-Asia isn’t the only continent that’s experiencing growth; Latin America has some of the world’s biggest emerging markets as well. Peru, for example, has had a 27 percent GDP growth over the last four years. The Peruvian government is also very dedicated to fostering economic growth in the region.
-The Czech Republic is a big emerging market in Europe, as this region moves away from former Soviet rule and comes into its own. Investors are attracted to the range of opportunities here and can’t wait to see what comes next.
Ryan Elantri will continue to follow major and emerging markets.