Saturday, February 24, 2007

 

What is an emerging economy?

Emerging economy or emerging market economy is a term used to represent those countries which are currently beginning to "emerge" into the global scene and thus have an excellent potential in future. In other words, these are economies which had not been as well as the developed economies until recently, but have just about started doing well and could be doing much better in future

Some of the most familiar emerging economies are Brazil, India, Russia and China.

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