- "An emerging market is a market that has some characteristics of a developed market, but does not fully meet its standards."
Developing countries with growing economies that offer opportunities for international trade.
Definition and classification of emerging markets: Understand what emerging markets are, how they differ from developed markets, and how they are classified.
Economic growth and development: Learn how emerging markets grow and why economic development is crucial for their success. Examine the different drivers of economic growth and development in emerging markets, such as foreign investment, trade, and innovation.
Institutional and regulatory environment: Explore the institutional environment of emerging markets, the legal and regulatory frameworks, and how they affect international business operations. Analyze the impact of local customs, cultural practices, and political instability on emerging markets.
Basic macroeconomic indicators: Investigate key macroeconomic indicators, such as GDP, inflation, unemployment, and current account balance, and how these measures are used to assess the economic performance of emerging markets.
International trade relations: Analyze the trade relationships between emerging markets and developed markets, as well as between emerging markets themselves. Study the role of trade agreements, trade barriers, and export promotion policies in promoting international trade.
Foreign direct investment (FDI): Examine the factors that influence foreign direct investment in emerging markets, including market size, labor costs, natural resources, infrastructure, and business environment. Learn the challenges and opportunities associated with FDI in emerging markets.
International finance and exchange rates: Understand the role of international finance in emerging markets, including exchange rates, capital flows, and foreign currency reserves. Learn how macroeconomic policies affect exchange rates and how currency fluctuations affect international business operations.
Culture and society: Explore the unique cultural and social characteristics of emerging markets and how they affect business operations. Study the role of culture in business negotiations, consumer preferences, and workforce management.
Innovation and technology: Investigate the role of innovation and technology in emerging markets, including the challenges and opportunities associated with technological advancement. Explore how innovation and technology can support economic development and improve living standards in emerging markets.
Sustainability and corporate social responsibility: Examine the importance of sustainability and corporate social responsibility in emerging markets, including environmental, economic, and social sustainability. Understand how sustainability practices can contribute to economic growth and improve social welfare in emerging markets.
BRIC (Brazil, Russia, India, China): These are large, rapidly developing economies that were once considered emerging markets but are now more established. They represent significant growth potential in terms of population and consumer markets.
MINT (Mexico, Indonesia, Nigeria, Turkey): Similar to BRIC, but more focused on emerging economies with large populations and markets.
Next 11 (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, Vietnam): This group includes a mix of countries with diverse economies and political situations, but all are seen as having great potential for growth.
Sub-Saharan Africa: This region includes some of the world's fastest-growing economies, such as Ethiopia, Ghana, and Rwanda. Despite some challenges, it has a diverse mix of resources and an expanding middle class.
Southeast Asia: This region includes countries such as Thailand, Indonesia, Malaysia, and the Philippines. These markets have benefited from an increase in foreign investment, a growing middle class, and government support for economic development.
Latin America: This region includes countries such as Mexico, Brazil, and Argentina. These markets have benefited from political stability and increasing access to global markets.
Middle East and North Africa: This region includes countries such as Saudi Arabia, Egypt, and the UAE. These markets have benefited from oil production and strategic location for trade.
Central and Eastern Europe: This region includes countries such as Poland, Romania, and the Czech Republic. These markets have benefited from the opening up of borders and EU membership, creating a growing consumer market.
Emerging Asian economies: This group includes countries such as Vietnam, Thailand, and Indonesia. These markets have seen a rise in exports and growing middle class, creating opportunities for foreign investment.
Frontier Markets: This group includes countries such as Mongolia, Bangladesh, and Sri Lanka. These markets are less developed than other emerging markets, but provide significant growth potential for companies willing to invest in less stable markets.
- "The term 'frontier market' is used for developing countries with smaller, riskier, or more illiquid capital markets than 'emerging'."
- "As of 2006, the economies of China and India are considered to be the largest emerging markets."
- "According to The Economist, many people find the term outdated, but no new term has gained traction."
- "Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion."
- "Emerging market economies’ share of global PPP-adjusted GDP has risen from 27 percent in 1960 to around 53 percent by 2013."
- "The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India, and China) along with Egypt, Indonesia, Mexico, South Korea, Saudi Arabia, Taiwan, and Turkey."
- "When countries 'graduate' from their emerging status, they are referred to as emerged markets, emerged economies, or emerged countries."
- "This includes markets that may become developed markets in the future or were in the past."
- "Developing countries with smaller, riskier, or more illiquid capital markets than 'emerging'."
- "Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion."
- "Emerging market economies’ share of global PPP-adjusted GDP has risen from 27 percent in 1960 to around 53 percent by 2013."
- "The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India, and China)."
- "According to The Economist, many people find the term outdated, but no new term has gained traction."
- "When countries 'graduate' from their emerging status, they are referred to as emerged markets, emerged economies, or emerged countries."
- "The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India, and China)."
- "Emerging market economies’ share of global PPP-adjusted GDP has risen from 27 percent in 1960 to around 53 percent by 2013."
- "The term 'frontier market' is used for developing countries with smaller, riskier, or more illiquid capital markets than 'emerging'."
- "As of 2006, the economies of China and India are considered to be the largest emerging markets."
- "According to The Economist, many people find the term outdated, but no new term has gained traction."