Flying South; How rapidly rising capital flows between poor nations are starting to reshape the geography of investment.

Newsweek International, December, 2005 by Margolis, Mac

Byline: Mac Margolis (With Ron Moreau in New Delhi, Monica Campbell in Mexico City, Quindlen Krovatin in Beijing and bureau reports)

Reinventing a fancy product for one fussy client can be lousy business. Manufacturers make their margins on cookie-cutter factories and epic economies of scale. So it was no minor matter a few years back when Saudi Arabia's Tamimi and Sahiti Transport Corp. hit the Brazilian bus-maker Marcopolo with some last-minute alterations. Since many Muslims believe that nothing should stand between a believer and Allah, the Jeddah-based company, which ferries pilgrims to Mecca, wanted 95 of a total of 1,500 buses fit with a removable roof. Another contractor might have thrown a gasket. Marcopolo saw opportunity. Four months later, it...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.