My Global Hustle

Google Taps Palestine For New BIZ Development

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Here is a really interesting article that I read on the plan. It is a very clear affirmation that economic growth and business development in the next decade will emanate from emerging markets seeking to make their mark on the world stage. – YG (@youngglobal)

Bazinga Ramallah started the way most coworking spaces do–with too much coffee. "We were building mobile and web apps and we spent our time working in cafes, but we felt we were being too unproductive. And it was too expensive," says Mohammad Khatib. So he and some friends rented a storefront and invited others to join them–a space, among the first of its kind, to foster tech startups in the Palestinian territories. But even now, nearly a year later, nobody has joined.

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Coca-Cola’s Global Brand Strategy in 90 Emerging Markets

Coca-Cola continues to be bullish in their attempt to stretch their tentacles around the globe. Although other beverage makers have been making headway in their expansion into emerging markets, Coca-Cola seems to have a huge head start and has been exceptional at establishing roots in many of the world’s fastest growing markets. Read more about how Coca-Cola utilizing collaborative practices to redefine the brand around the globe. Read the full article here. -YG (@youngglobal)
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Ahmet C. Bozer, president of the Coca-Cola Company’s Eurasia and Africa Group, has spent his career demonstrating how a large international company can build a strategy and structure itself to compete in emerging markets. Coca-Cola is one of the most globally active international companies, deriving 80 percent of its sales from outside the U.S., and it is therefore one of the most experienced in tackling emerging markets, including Egypt and Pakistan, where political tension renders the business environment uncertain and Coca-Cola’s strategy has proven resilient.
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Martin Lindstrom: Irrational Decisions & Buyology

Ambassador Status: Larry Ossei-Mensah + Armando Guebuza (President of Mozambique)

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Lina Srivastava – Transactivism @ TEDxTransmedia (Video)

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Check out my buddy Lina Srivastava’s insightful talk @ TEDxTransmedia about Transactivism. -YG (@youngglobal) (more…)

IMF Report: Equality and Efficiency

“Michelle Obama: Impact Africa” – Hosted By Lola Ogunnaike – Sunday, August 28th at 7:30pm on BET

Journalist, Lola Ogunnaike, joined First Lady Michelle Obama during her recent whirlwind trip to South Africa and Botswana.  This Sunday, August 28th at 7:30pm, BET is airing a 30 minute-special about the trip: “Michelle Obama: Impact Africa,” which documents the journey.  Tune in and spread the word! (more…)

Africa on the Come Up

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"During the past 10 years, six of the world’s fastest-growing economies have been in sub- Saharan Africa, according to the Economist magazine. Over the next five years, the Democratic Republic of the Congo, Ethiopia, Ghana, Mozambique, Nigeria, Tanzania and Zambia may grow at an average of 7.2 percent annually, the Economist says. Over this period, the average African economy will outpace its counterpart in Asia. Africa has become an important emerging market and, compared with other regions, it has a relatively high rate of return on investments."

Fulfilling the promise of Latin America’s cities

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Latin America is a bright spot

 in the postrecession global economy, with growth rebounding strongly in much of the region. But to lengthen today’s strides toward recovery into a sustained period of rising prosperity, it must take full advantage of its cities’ economic potential.

The region is more urban than any other in developing markets, with 80 percent of its population living in cities, compared with about 50 percent in China. The shift from country to town has contributed much to Latin America’s growth, as economies of scale have raised the productivity of expanding cities and reduced the cost of delivering their basic services.1 Cities are critical to Latin America’s overall economy.2 The region’s 198 large ones—defined as having populations of 200,000 or more—together contribute more than 60 percent of GDP. The 10 largest alone generate half of that output. Such a concentration of urban economic activity in the largest cities makes Latin America comparable to the United States and Western Europe in this respect but not to many other emerging regions. China’s top ten cities, for instance, contribute around 20 percent of the nation’s GDP.

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