10/20/2023 0 Comments Which of the following is not a reason why shenzen, china, is considered an emerging global city?![]() ![]() 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. Emerging market economies’ share of global PPP-adjusted GDP has risen from 27 percent in 1960 to around 53 percent by 2013. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. According to The Economist, many people find the term outdated, but no new term has gained traction. ![]() As of 2006, the economies of China and India are considered to be the largest emerging markets. The term " frontier market" is used for developing countries with smaller, riskier, or more illiquid capital markets than "emerging". ![]() This includes markets that may become developed markets in the future or were in the past. Country's economy that was traditionally small, but is currently expanding rapidlyĪn emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. ![]()
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