Malaysia, a multiethnic nation with a developing economy [ 15] is also known to experience rapid population growth [ 16] and urbanization [ 17].
Yet Blumenstock was quick to point out that the concept of digital credit scoring and it's rapid growth across developing economies raises several concerns.
"We're a self-contained, developing economy.
And the rapid growth rates of developing economies mean that the ranks of the plutocrats will keep growing.
"I think what the Greek elections will also show, as I have put it before, is that there are some warning signs, some danger signs in the global economy – instability in the eurozone, less rapid growth from the developing economies.
McKinsey sees these trends continuing for the foreseeable future.This is largely because of rapid growth in big developing economies where family ownership is the norm among large businesses.
With the rapid rise of vehicle use in developing economies, the amount of lead in the environment will only continue to increase.
Although most FDI moves between rich countries, growth in investment in developing economies has been remarkably rapid, with China being easily the leading location.
The other half is to go to green developing economies through projects such as wind farms and bus rapid transit schemes.
By 2050, rapid urbanization and population growth will add another 2.5 billion people who will become urban dwellers; the developing economies of Africa and Asia will eventually account for nearly 90% of such population increase (United Nations 2014).
