International Conference on Management in Emerging Markets (ICMEM) 2016

Country: Indonesia

City: Bali

Abstr. due: 10.04.2016

Dates: 10.04.16 — 12.08.16

Area Of Sciences: Economics and management;

Organizing comittee e-mail: icmem@sbm-itb.ac.id

Organizers: Institut Teknologi Bandung

 

In the last decade, we have witnessed the contribution of emerging countries such as Brazil, China, India and South Africa to the global economy, signaling the narrowing of the gap of income and wealth between emerging and developed countries. Their contribution can also be shown by the fact that about half of the G-20 members come from emerging countries. In addition, the relatively high population growth and the fast growth of the middle-class group in emerging countries have attracted significant capital inflow to these countries.

Considering the evidence, it is reasonable to think of emerging countries as highly attractive, becoming potential markets for investors to start and establish their business. Nevertheless, penetrating emerging countries comes with uncertainties that could affect business prospects. For example, the World Bank report in 2015 shows that the growth of emerging countries had declined by about 1.8% on average from 2010 to 2013. It is argued that this decline is caused by the slow growth of countries such as Brazil, China, India, and South Africa by about 3%. Moreover, South Asian countries have recorded the highest inflation rate in 2013 of about 7.6%. Other aspects that make investing in emerging countries challenging include declining prices of oil and commodity, uncertain currency fluctuation, contagious effects of regional and global crises, capital market volatility, corruption, and unstable legal and political conditions.                     

Therefore, there is an urgent need for academics and scholars to participate in providing solutions and ideas for businesses, governments, and investors on how to best manage uncertainties in emerging countries. Hence, the School of Business and Management, Institut Teknologi Bandung (SBM ITB), in cooperation with partner universities, is organizing the 1st International Conference on Management in Emerging Markets (ICMEM).

Conference Web-Site: icmem.sbm.itb.ac.id

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