The local products of the emerging countries conquer abroad

While a few decades ago the popular Western brands have conquered the emerging countries now the opposite is true.

“In the future, there will not be any national products or national companies, and the national industry will also disappear. This is the end of national economies”- said Robert Reich U.S. economist professor in his “The New World Economy” publication in the early nineties.

Nowadays some giant companies of the emerging countries do not even stop at the border, but begin aggressive expansion not only in their neighborhood, but at Western markets. One of the best examples are Brazilian giant companies such as Brasil Foods and JBS or even Ambev – reports Világgazdaság Online.