Emerging markets or emerging economies are nations with social or business activity in the process of rapid growth and industrialization. The economies of China and India are considered to be the largest. According to The Economist many people find the term outdated, but no new term has yet to gain much traction. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. The seven largest emerging and developing economies by either nominal GDP or GDP (PPP) are China, Brazil, Russia, India, Mexico, Indonesia, and Turkey.
The ASEAN–China Free Trade Area, launched on January 1, 2010, is the largest regional emerging market in the world.
Read more about Emerging Markets: Terminology, International Monetary Fund List, Columbia University EMGP List, FTSE List, MSCI List, S&P List, Dow Jones List, Frontier Strategy Group (F10) List, BBVA Research, Emerging Markets Index, Summary List, Global Growth Generators, Six Major Emerging Economies
Famous quotes containing the words emerging and/or markets:
“Adolescents, for all their self-involvement, are emerging from the self-centeredness of childhood. Their perception of other people has more depth. They are better equipped at appreciating others’ reasons for action, or the basis of others’ emotions. But this maturity functions in a piecemeal fashion. They show more understanding of their friends, but not of their teachers.”
—Terri Apter (20th century)
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (1884–1919)