Purchasing Power Parity

Emerging markets tipped to be the largest economies by 2020

Emerging markets tipped to be the largest economies by 2020

By Michelle Yeomans

Euromonitor’s latest findings comes as good news to the cosmetic giants investing in emerging markets like P&G and Estee Lauder, as the market researcher predicts emerging countries to be three of the world’s five largest economies by 2020.