The term emerging markets is commonly used to describe business and market activity in industrializing or emerging regions of the world. Originally brought into fashion in the 1980s by then World Bank economist Antoine van Agtmael, the term is sometimes loosely used as a replacement for emerging economies, but really signifies a business phenomenon that is not fully described by or constrained to geography or economic strength; such
countries are considered to be in a transitional phase between
developing and
developed status. Examples of emerging markets include
China,
India,
Mexico,
Brazil,
Chile much of
Southeast Asia, countries in
Eastern Europe, the
Middle East, parts of
Africa and
Latin America. Emphasizing the fluid nature of the category,
political scientist Ian Bremmer defines an emerging market as "a country where politics matters at least as much as economics to the markets."
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a market of a developing country, usually a small market with a short operating history.
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