Despite negative FDI results seen in many countries this year, specialists from Ernst & Young expect fast-growing markets to grow in 2011 by 6.2 percent or what is nearly four times the 1.6 percent growth reported by the Euro Zone.
Ernst & Young, in its quarterly forecast report for rapidly growing markets, says that FDI in emerging markets (among them Mexico) increased from $205 billion in 2000, to $444 billion in 2010. Foreign Direct Investment was stated to have accounted for 50% of global income for this type of investment.
The international consultant firm clarified that despite weak growth in advanced economies, which will invariably affect the development of rapidly growing markets, the 25-member country bloc will have to increase domestic consumption.
Regarding next year, Ernst and Young forecasts the growth of emerging economies to increase 5.9 percent, while European growth is expected fall 1.1 percent.
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