NationMaster - Encyclopedia: Emerging markets

The term emerging markets is commonly used to describe business and market activity in industrializing or emerging regions of the world. Originally brought into fashion in the 1980s by then World Bank economist Antoine van Agtmael,^[1] the term is sometimes loosely used as a replacement for emerging economies, but really signifies a business phenomenon that is not fully described by or constrained to geography or economic strength; such countries are considered to be in a transitional phase between developing and developed status. Examples of emerging markets include China,^[2] India, Mexico, Brazil, Chile much of Southeast Asia, countries in Eastern Europe, parts of Africa and Latin America. Emphasizing the fluid nature of the category, political scientist Ian Bremmer defines an emerging market as "a country where politics matters at least as much as economics to the markets."^[3] This article describes a type of political entity. ... High human development Medium human development Low human development Unavailable (colour-blind compliant map) Developing countries not listed as least developed countries or as newly industrialized countries, in their respective articles. ... World map indicating Human Development Index (as of 2004). ... Location of Southeast Asia Southeast Asia is a subregion of Asia. ... Pre-1989 division between the West (grey) and Eastern Bloc (orange) superimposed on current national boundaries: Russia (dark orange), other countries of the former USSR (medium orange),members of the Warsaw pact (light orange), and other former Communist regimes not aligned with Moscow (lightest orange). ... A world map showing the continent of Africa Africa is the worlds second-largest and second most-populous continent, after Asia. ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ... See also: Political Science Notable political scientists Kenneth Arrow - Nobel Memorial Prize winning economist who published influential paper on his widely cited Arrows Impossibility Theorem Robert Axelrod Duncan Black - Responsible for unearthing the work of many early political scientists, including Charles Dodgson Jean-Charles de Borda - 18th century mathematician... Ian Bremmer (born November 12, 1969) is a political scientist specializing on US foreign policy, states in transition, and global political risk. ...

The research on emerging markets is diffused within management literature. While researchers including C. K. Prahalad, George Haley, Hernando De Soto, Usha Haley, Rajesh K Pillania and several professors from Harvard Business School and Yale School of Management have described activity in countries such as India and China, how a market emerges is little understood. For other uses, see Management (disambiguation). ... Coimbatore Krishnan Prahalad, the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the University of Michigan, is a globally recognized business consultant whose client list includes AT&T, Cargill, Citicorp, Oracle, TRW and Unilever. ... George Haley (b. ... For the Spanish conquistador, see Hernando de Soto (explorer). ... Usha C. V. Haley (born Usha Venkatesan) is an American author and academic, and currently tenured Professor of International Business and the Director of the Global Business Center at the University of New Haven, Connecticut, USA. Born in Bombay, India, she received a Bachelors degree in Politics at Elphinstone... Dr Rajesh K Pillania is a globally respected and famous researcher and has published/presented numerous research papers in international/national research journals/conferences. ... Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ... The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University and is located on Hillhouse Avenue in New Haven, Connecticut, USA. Yale SOM offers M.B.A. and Ph. ...

It appears that emerging markets lie at the intersection of non-traditional user behavior, the rise of new user groups and community adoption of products and services, and innovations in product technologies and platforms.

The term "rapidly developing economies" is now being used to denote emerging markets such as The United Arab Emirates, Chile and Malaysia that are undergoing rapid growth.

In recent years, new terms have emerged to describe the largest developing countries such as BRIC and BRIMC. These countries do not share any common agenda, but some experts believe that they are enjoying an increasing role in the world economy and on political platforms. The four BRIC countries: Brazil, Russia, India and China BRIC or BRICs are terms used to refer to the combination of Brazil, Russia, India, and China. ... Location of the five BRIMC countries BRIMC is a relatively new term used to refer to the combination of Brazil, Russia, India, Mexico and China. ...

A large number of research works are in progress at leading universities and business schools to study and understand various aspects of Emerging Markets.

List of countries

It is difficult to make an exact list of emerging (or developed) markets; the best guides tend to be investment information sources like ISI Emerging Marketsand The Economistor market index makers (such as Morgan Stanley Capital International). These sources are neutral and well-informed, but the nature of investment information sources leads to two potential problems. One is an element of historicity; markets may be maintained in an index for continuity, even if the countries have since developed past the emerging market phase. Possible examples of this are South Korea, Taiwan, Singapore, Israel, and Czech Republic. A second is the simplification inherent in making an index; small countries, or countries with limited market liquidity are often not considered, with their larger neighbours considered an appropriate stand-in. Some potential smaller emerging markets not listed below include: in Europe: Estonia, Latvia, Lithuaniaand Romania; in the Americas: Costa Rica, Panama, Uruguay, and Venezuela; in Asia: Kazakhstan and Vietnam; and in Africa: Nigeria. As of July 2006, the Morgan Stanley Emerging Markets Indexincluded: Image File history File links Size of this preview: 800 Ã— 370 pixel Image in higher resolution (1357 Ã— 628 pixel, file size: 39 KB, MIME type: image/png) World map showing developed and emerging markets. ... Image File history File links Size of this preview: 800 Ã— 370 pixel Image in higher resolution (1357 Ã— 628 pixel, file size: 39 KB, MIME type: image/png) World map showing developed and emerging markets. ... MSci or MSCI can mean either: An undergraduate masters degree in science, see Masters degree Morgan Stanley Capital International This is a disambiguation page, a list of pages that otherwise might share the same title. ... Morgan Stanley Capital International Inc. ... The Economist is a weekly news and international affairs publication owned by The Economist Newspaper Ltd and edited in London, UK. It has been in continuous publication since September 1843. ... Morgan Stanley Capital International Inc. ... Early elections in November are announced in the Netherlands. ...

The list tracked by The Economist is the same, except with

Hong Kong,

Singapore and

Saudi Arabia included (MSCI classifies the first two as Developed Markets) -- and

Jordan omitted. Image File history File links Flag_of_Argentina. ... Image File history File links Flag_of_Brazil. ... Image File history File links Flag_of_Chile. ... Image File history File links Flag_of_the_Peoples_Republic_of_China. ... Image File history File links Flag_of_Colombia. ... Image File history File links Flag_of_the_Czech_Republic. ... Image File history File links Flag_of_Egypt. ... Image File history File links Flag_of_Hungary. ... Image File history File links Flag_of_India. ... Image File history File links Flag_of_Indonesia. ... Image File history File links Flag_of_Israel. ... Image File history File links Flag_of_Jordan. ... Image File history File links Flag_of_Malaysia. ... Image File history File links Flag_of_Mexico. ... Image File history File links Flag_of_Morocco. ... Image File history File links No higher resolution available. ... Image File history File links Flag_of_Peru. ... Image File history File links Flag_of_the_Philippines. ... Image File history File links Flag_of_Poland. ... Image File history File links Flag_of_Russia. ... Image File history File links Flag_of_Slovakia. ... Image File history File links Flag_of_South_Africa. ... Image File history File links Flag_of_South_Korea. ... Image File history File links Flag_of_the_Republic_of_China. ... For the Chinese civilization, see China. ... Image File history File links Flag_of_Thailand. ... Image File history File links Flag_of_Turkey. ... Image File history File links Flag_of_Hong_Kong. ... Image File history File links Flag_of_Singapore. ... Image File history File links Flag_of_Saudi_Arabia. ... Morgan Stanley Capital International Inc. ... Image File history File links Flag_of_Jordan. ...

Top 4 Emerging Markets

According to the latest findings from the Grant Thornton International Business Report (IBR) published on April 19 2007, Mexico, Indonesia, Pakistan, and Turkey are the emerging markets to watch. They have identified them as the next generation of emerging economies set to have significant impacts on the world economy, although Mexico was already identified as an important economy in studies such as BRIMC (Brazil, Russia, India, Mexico and China), or as part of the G8+5. These countries may match or even overtake some of the commonly identified BRIC economies (Brazil, Russia, India and China) which are expected to join the global economic powers, although these economies are unlikely to match India or China in strength.^[4] Grant Thornton LLP encompasses the US operations of Grant Thornton International, one of the largest accounting organizations outside of the Big Four (Deloitte Touche Tohmatsu, Ernst & Young, KPMG, and PricewaterhouseCoopers). ... Location of the five BRIMC countries BRIMC is a relatively new term used to refer to the combination of Brazil, Russia, India, Mexico and China. ... The G8+5 group of leaders consists of the heads of government from the G8 nations (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States), plus the leaders of the leading emerging economies (Brazil, China, India, Mexico and South Africa). ... The four BRIC countries: Brazil, Russia, India and China BRIC or BRICs are terms used to refer to the combination of Brazil, Russia, India, and China. ...

According to CEO of Grant Thornton, Indonesia and Pakistan, with their large populations, have the potential to grow their labour intensive exports and could capitalize on the process of low-cost production that mainland China has so successfully exploited.

See also

In investing, developed markets are those countries that are thought to be less risky. ...

References

External links

Categories: Business | Country classifications | Economic development | Investment | Lists of countries This entity, also known as EIU is part of The Economist Group. ... This article or section does not cite any references or sources. ... Much of the recent sociological debate on power revolves around the issue of the constraining and/or enabling nature of power. ... Soft power is a term used in international relations theory to describe the ability of a political body, such as a state, to indirectly influence the behavior or interests of other political bodies through cultural or ideological means. ... Hard power is a concept which is mainly used in realism in international relations and refers to national power which comes from military and economic means. ... This article needs additional references or sources for verification. ... Power politics is a state of international relations in which sovereigns protect their own interests by threatening one another with military, economic, or political aggression. ... Realpolitik (German: real (realistic, practical or actual) and Politik (politics)) is a term that is synonomous to Machiavellianism and is used to describe politics based on strictly practical rather than ideological notions, and practiced without any sentimental illusions. Realpolitik is usually used pejoratively as a term to imply politics imposed... One of the hallmarks of contemporary great power status is permanent membership on the United Nations Security Council. ... Middle power is a term used in the field of international relations to describe states that are not superpowers or great powers, but still have some influence internationally. ... In international relations, a regional power is a state that has power within a geographic region. ... For other uses, see Superpower (disambiguation). ... There is as yet no consensus as to what an energy superpower is exactly, or how to define it apart from other large resource-producing states. ... A hyperpower is a state that is militarily, economically, and technologically dominant on the world stage. ... Geopolitics is the study which analyses geography, history and social science with reference to international politics. ... The African Century is a term that has a variety of meanings. ... ... Asia is the largest continent on Earth with 60% of the human population. ... The British Moment The British Moment is a term, first used by The Henry Jackson Society, to describe the growth of British global influence in recent years. ... The Chinese Century (Simplified Chinese ä¸å›½ä¸–çºª) refers to the growing power of the Peoples Republic of China (PRC) in the 21st century. ... The European Century is a term, which was first used by Mark Leonard in his book Perpetual Power: Why Europe Will Run the 21st Century and is used to describe the belief that the 21st century will become a century in which the current European way of doing things will... This article or section does not cite its references or sources. ... The Pacific Century is a term that has been used to describe the 21st century through analogy with the term American Century. ... This article deals with the world most powerful nations and empires before the Congress of Vienna. ... Polarity in international relations is a description of the distribution of power within the international system. ... USS , and HMS Illustrious, two aircraft carriers on a joint patrol. ... The Power transition theory is a theory about the cyclic nature of war, in relation to the power in international relations. ... The Second Superpower is a term used to conceptualize a global civil society (including the anti-globalization movement or global justice movement) as a counterpoint to the United States of America. ... Superpower collapse, that is, the political collapse of a superpower nation-state, is a term used to describe the actual political collapse of the Soviet Union, and by extension, the theoretical collapse of the other recognized superpower, the United States. ... Superpower Disengagement refers to the German reunification plan proposed by Stalin in 1952. ... Group of Eight redirects here. ... The G8+5 group of leaders consists of the heads of government from the G8 nations (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States), plus the leaders of the leading emerging economies (Brazil, China, India, Mexico and South Africa). ... Location of the five BRIMC countries BRIMC is a relatively new term used to refer to the combination of Brazil, Russia, India, Mexico and China. ... The four BRIC countries: Brazil, Russia, India and China BRIC or BRICs are terms used to refer to the combination of Brazil, Russia, India, and China. ... A Map of the nations in the list. ... Membership 6 member states 4 observer states Headquarters Secretariat RATS - Beijing, PRC - Tashkent, Uzbekistan Working languages Chinese, Russian Secretary General Bolat Nurgaliyev Formation 14 June 2001 Official website http://www. ...

Contents

List of countries GA_googleFillSlot("encyclopedia_square");

Top 4 Emerging Markets

See also

References

External links

List of countries