An emerging market is a country that has some characteristics of a developed market but is not yet a developed market. This includes countries that may be developed markets in the future or were in the past.[1] It may be a nation with social or business activity in the process of rapid growth and industrialization. The economies of China (excluding Hong Kong and Macau, as both are developed) and India are considered to be the largest.[2] According to The Economist, many people find the term outdated, but no new term has gained traction.[3] Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion.[4] The four largest emerging and developing economies by either nominal or PPP-adjusted GDP are the BRIC countries (Brazil, Russia, India and China). The next four largest markets are MIKT (Mexico, Indonesia, South Korea and Turkey), although South Korea is not considered as an emerging market by some sources. Iran is also considered as an emerging market.
Posted on: Sat, 26 Jul 2014 05:12:17 +0000
Trending Topics
Recently Viewed Topics
© 2015