Asian Tigers and Lion Kings

Fall 2011, Vol. 36, No. 2


Abstract: Would you like to value property in China or Africa? If you answer “no,” you’ll miss the fastest-growing areas of the globe. Although the growth of China has been widely reported, less recognized is the rapid development of Africa. Both the Chinese and African economies are closely intertwined, and many African nations are expected to dominate the list of fastest growing countries over the next half decade. This article addresses the economic emergence of both China and Africa, and describes differences in valuation techniques around the world.