Emerging Markets
Emerging Markets
Katie Ferney
International Business Negotiation
INBS 560 MX
Emerging Markets is defined as, “nations with social or business activity in the process of rapid growth and industrialization” (Wikipedia, 2011). A country that is considered an “emerging market” typically helps mold the economy. If the countries that typically have higher emerging markets are at a stand stop, the economy is most likely not doing so well. Quite often, smaller countries will follow the market trends lead of these large countries, which can either help or hurt our economy. There are many different countries that are considered the “Emerging Markets”. But the top seven emerging market countries determined by nominal GDP (Gross Domestic Product) are China, Brazil, India, Russia, Mexico, Turkey, and Indonesia. Two other emerging market countries are Thailand and Vietnam. The top two, which are considered to having the largest emerging market trends, are China and India. China is considered to have the world’s second largest economy! It is a participant in BRIC (Brazil, Russia, India, and China). China has one of the world’s fastest growing major economies! It has been known to growing an average of 10% over the past 30 years. China is known for being the number one exporter in the world, and also the second largest importer in the world! A lot of China’s success has been from the Special Economic Zones of the People’s Republic of China (SEZ’s). This was created to help maintain the economy in China, and to ensure that growth will keep going. They do not want a standstill or the economy to decrease. This is managed by the government, and has been for many years India is one of the top two countries in the world for emerging markets. Although according to nominal GDP India’s economy is the tenth largest in the world. India is also a member of BRIC and one of the G-20 major economies. India may not be well known for its importing or exporting. They are ranked
Katie Ferney
International Business Negotiation
INBS 560 MX
Emerging Markets is defined as, “nations with social or business activity in the process of rapid growth and industrialization” (Wikipedia, 2011). A country that is considered an “emerging market” typically helps mold the economy. If the countries that typically have higher emerging markets are at a stand stop, the economy is most likely not doing so well. Quite often, smaller countries will follow the market trends lead of these large countries, which can either help or hurt our economy. There are many different countries that are considered the “Emerging Markets”. But the top seven emerging market countries determined by nominal GDP (Gross Domestic Product) are China, Brazil, India, Russia, Mexico, Turkey, and Indonesia. Two other emerging market countries are Thailand and Vietnam. The top two, which are considered to having the largest emerging market trends, are China and India. China is considered to have the world’s second largest economy! It is a participant in BRIC (Brazil, Russia, India, and China). China has one of the world’s fastest growing major economies! It has been known to growing an average of 10% over the past 30 years. China is known for being the number one exporter in the world, and also the second largest importer in the world! A lot of China’s success has been from the Special Economic Zones of the People’s Republic of China (SEZ’s). This was created to help maintain the economy in China, and to ensure that growth will keep going. They do not want a standstill or the economy to decrease. This is managed by the government, and has been for many years India is one of the top two countries in the world for emerging markets. Although according to nominal GDP India’s economy is the tenth largest in the world. India is also a member of BRIC and one of the G-20 major economies. India may not be well known for its importing or exporting. They are ranked
Cited: Ann, L. (2011). Emerging market for dummies. DOI: www.dummies.com/emergingmarkets Ben, L Wikipedia. (2013). Retrieved from http://en.wikipedia.org/wiki/Russia Wikipedia, the free encyclopedia Wikipedia. (2011). wikipedia. Retrieved from http://en.wikipedia.org/wiki/Emerging_markets Wikipedia