Emerging Markets - “the Engine” of World Economy
AbstractThis paper presents some particularities of emerging markets that appear and develop as a result of growth and development tendency of international financial market. Excluding the option of remaining with the status of a “tired” economy, emerging markets had to react in the only way they could be rational, joining the global market. According to the quarterly report prepared by Ernst & Young - Rapid - Growth Markets Forecast (RGMF) the global economic recovery will be achieved through investments in infrastructure programs, especially in Asia, as well as increasing demand from the domestic consumers, which will lead to the balance of the pretty sensitive external environment, and emerging market economies will grow, most likely, by 5.6% in 2013.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XIII (2013)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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emerging markets; world economy; development; growth;
Find related papers by JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
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