emerging economy
Rising national marketplace
An emerging economy is a nation transitioning from low income and limited industrialization toward greater economic development and global market integration.
These countries—Brazil, India, Indonesia, and others—typically show rapid growth, expanding middle classes, and increasing foreign investment, but also greater volatility and risk than developed economies.
Investors seek higher returns in emerging economies despite the uncertainty.
- developingBecoming more advanced
- growthIncrease in size
- rapid growthFast increase in scale
- risingAct of ascending
- catching upClosing a distance
BRICS · market · industrializing · tiger · investment · GDP · per capita income · infrastructure · urbanization · trade · globalization · currency · reform · opportunity · frontier · boom · expansion · manufacturing
- BRICS termsBrazil, Russia, India, China, trade bloc
- sleeping giantsdormant volcano