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Africa as the New Asia: The continent leads the world in terms of GDP and population growth, but that doesn’t seem to be prompting the same kind of frenzy that once accompanied China’s rise. #AfricaAsiaGDPgrowthboomorbust

Last Thursday, I shared some poignant feedback from customers, retail owners, and clients who expressed feeling immense stress due to the prevailing economic conditions. Today, I want to dive deeper with new data from our latest research at Maverick Research in collaboration with Kasi Insight. The numbers are in, and they paint a stark picture. #Ghana and #Nigeria have emerged as the countries most stressed by inflation, with an overwhelming 81% and 77% of respondents respectively reporting high levels of stress due to rising living costs. This aligns with broader regional trends, where nearly one-third of Africans report feeling significant stress because of inflation. The data underscores a critical point: the economic strain is palpable, and it is taking a toll on people's daily lives. Key Insights: #Ghana (81%) and #Nigeria (77%) lead the pack in inflation-induced stress. Significant stress levels are also seen in #Kenya (61%), #Tanzania (59%), and #Uganda (51%). #The least affected countries include #South Africa (2%) and the #DRC (2%). #This widespread economic anxiety is reshaping consumer behavior and purchasing patterns. For the Fast-Moving Consumer Goods (FMCG) industry, the implications are profound. With such high stress levels, consumers are likely to become more #price-sensitive, #prioritizing essential goods over discretionary spending. Brands might see a shift towards lower-cost alternatives or reduced consumption altogether. The crucial question remains: How long can consumers keep the mask on? As stress from inflation continues to rise, the resilience of both consumers and businesses will be tested. The FMCG industry must brace itself for these changes and adapt proactively to support and retain its consumer base. What are your thoughts on how the FMCG industry can navigate these challenging times? How are you seeing consumer behavior shift in your regions? Maverick Research Yannick Lefang, BEng, PRM #EconomicStress #Inflation #FMCG #ConsumerBehavior #MaverickResearch #KasiInsights #Ghana #Nigeria #AfricaEconomy

Africa and India: The Next Big Markets? Population Boom = Economic Boom? I often get asked by founders and investors, "What are the most promising future markets?" While there's no one-size-fits-all answer, Africa and India are undoubtedly emerging as major economic powerhouses. Together, these 10 countries are expected to contribute 49% of the population growth by 2037. https://lnkd.in/djWmhWNG However, expanding into these regions isn't as simple as chasing population growth. Consider: 💸 Economic stability: A growing population without a strong economy can limit market potential. 🏗️ Infrastructure: Poor infrastructure can hinder business operations and limit market access. ⚖️ Political stability: Unrest or uncertainty can create risks for foreign investors. 🔥 Cultural nuances: Misunderstanding local customs and values can lead to marketing failures and operational challenges. Before you dive into these markets, consider these factors. It's about more than just population. What are your thoughts on the challenges and opportunities of expanding into Africa, Asia, LATAM and Middle East? #internationalbusiness #marketresearch #populationgrowth #businessstrategy #africa #india

Life Expectancy in Major Economies Summary: Trade plays a pivotal role in shaping a nation's health and longevity by improving access to essential resources like healthcare, education, and nutritious food. The 2024 Sustainable Trade Index (STI), developed by the Hinrich Foundation and the IMD World Competitiveness Center, highlights life expectancy trends across 29 major economies based on United Nations Human Development Index (UN HDI) data. Key Highlights: Top Performers: Japan leads with the highest life expectancy at birth, 84.8 years, attributed to its advanced healthcare system, low obesity rates, and active lifestyle. Hong Kong (84.3), Singapore (84.1), and South Korea (84.0) closely follow, reflecting robust healthcare systems and societal well-being. Economic Correlation: High GDP per capita economies, like Australia (83.6) and New Zealand (83.0), exhibit longer life expectancies. Conversely, countries with lower GDP per capita, such as Myanmar and Papua New Guinea, report shorter lifespans. Outlier: United States: Despite being the second wealthiest nation by GDP per capita, the U.S. ranks 12th in life expectancy (79.2 years). The lack of universal health coverage and healthcare access disparities contribute to this divergence. Trade and Longevity: Openness to trade enhances access to medical supplies, healthcare services, and infrastructure, ultimately boosting life expectancy. Policies fostering economic stability and resource availability can significantly impact public health and societal well-being. This analysis underscores the integral link between trade, economic prosperity, and health, showcasing how trade policies shape populations’ quality of life and longevity. For a deeper dive, explore the 2024 Sustainable Trade Index for comprehensive insights into economic, societal, and environmental performance across 30 major economies. Source: https://lnkd.in/gBjp5YNV #LifeExpectancy #GlobalHealth #SustainableTrade #HumanDevelopment #EconomicImpact #HealthcareSystems #TradePolicy #Longevity #PublicHealth #GDPAnalysis #HinrichFoundation #SustainableDevelopment #HealthMetrics #GlobalInsights

Reflections While Having a Coffee --------‐----------------------------------------------- In the world, there are 195 countries. However, only 10 of them account for 80% of the global GDP. These 10 countries also represent 50% of the global population. On the other hand, the remaining 185 countries (50% of the global population) have a GDP per capita of approximately $5.000. If we rank countries by millions of inhabitants, 4 of the 10 countries that represent 80% of the global GDP are also among the most populated. These countries are India, China, the United States, and Brazil. But if we look at the list of the most populated countries, there are 5 that do not appear among those with the highest GDP. These countries are interesting and deserve our attention: #Indonesia, #Pakistan, #Nigeria, #Bangladesh, and #Ethiopia. Together, they have a population of 1 billion people with a GDP per capita of only $2.500 (Keep in mind that the world has 8 billion people and a global GDP per capita of $13.000). Conclusion: The economic landscape is diverse and complex. How can we better support the growth of these populous yet economically challenged countries? #GlobalEconomy #EmergingMarkets #EconomicGrowth

The world’s richest countries in 2024 https://lnkd.in/epnc3cRS from The Economist A great exammke about the importance of facts and measurements. France, in the Western economies, and India, in the transition economies, become much better and nearly on par with often considered more advanced economies such as resp. US and China, when adding dimensions of purchasing power and working hours. We could’ve added the social system as well, but it’s harder to quantify. For instance in the ratio healthcare spendings per capita over efficiency of the healthcare system, France fares much better than the USA. Populism 101, by choice, ideology or blunt ignorance, never reach these levels of subtlety, albeit so essential to make this world a better one.

Confronting Asia’s new demographic reality: Falling birth rates have become a hot topic around the world, and nowhere are they falling faster than in advanced economies in Asia. Together with China, these economies are undergoing a demographic wave that will soon wash over other nations, write Anu Madgavkar and Gautam Kumra in Bloomberg. http://dlvr.it/THYqWF

Global South including India most bullish in September 2024 : Ipsos Report More : https://lnkd.in/gxPicUdG #mediainfoline #Global #South #including #India #bullish #September2024 #Ipsos #Report

Emerging markets in #Asia are the biggest growth drivers for global businesses. It's no longer just about the population, rather the growing middle-income households shaping these attractive consumer markets. I have been working in the #Indian market for the last couple of years. It's fair to say the market is firing on all cylinders. There are a couple of things working in its favor 1) rising middle-income population 2) relatively younger workforce 3) digital-savvy population 4) push towards building digital and physical infrastructure. Of course, the country faces headwinds when it comes to geopolitics, climate crisis, administration, unequitable growth, and public policies. But each of these challenges are not just unique to #India, though these hurdles continue to reflect on the economic growth of the country. For the country to leapfrog, it should continue to focus on free movement of talent, trade and capital. Foster platforms -- #tradefairs, #conferences, and #summits -- across the country for regular engagement of enterprises, policymakers and civil society. Finally, the country will immensely benefit with more world-class #convention and #exhibition centers in more Indian cities. Turning them into economic engines of the country. #eventprofs #meetinindia #digitalindia #makeinindia

⚠️ A Global Demographic Shift with Serious Consequences 🌍📊 The projected population decline in China and India by 2100, while Nigeria and other African nations grow, signals a monumental shift—and serious challenges for global stability. 📉📈 🔑 Key Concerns: • 📉 Aging Populations: China and India may face shrinking workforces, jeopardizing economic productivity and innovation. • 💥 Strain on Social Systems: Pension funds, healthcare systems, and social welfare could face severe imbalances without a sustainable younger workforce. • 📈 Emerging Power Shifts: Rising populations in Nigeria and other developing nations may reshape global influence but also demand massive investments in infrastructure and education. 🚨 This is a wake-up call: Nations must prepare for demographic imbalances now—by rethinking workforce strategies, healthcare models, and economic policies to avoid systemic collapse. 👉 How do we create sustainable solutions for a balanced future? Share your thoughts below. 👇 #DemographicCrisis #GlobalEconomy #PopulationDecline #Sustainability #AgingPopulation #SocialImpact #WorkforceFuture #GlobalTrends #EconomicShift #CriticalInsights #Leadership #Innovation #SustainableDevelopment #LinkedInInsights #PolicyChange #Inspiration