http://en.wikipedia.org/wiki/Emerging_markets

.....accoding to wikipedia!

nope read the article again

nope read the article again

The article is ambiguous, it isn’t really saying anything. It’s just highlighting all the ‘better’ performing developing nations.

Something more Reputable;

http://en.wikipedia.org/wiki/BRIC (Goldman Sachs)
http://en.wikipedia.org/wiki/Next_Eleven (Goldman Sachs)

I see nothing wrong with the list, except for the fact that nearly all of South America and Asia are painted blue and stable African economies like Ghana, Botswana and Mozambique are left out.

Then there are the African Tigers; Algeria, Nigeria, Sudan, Angola...

Although South Africa, Morocco and Egypt were rightfully listed.

Emerging Markets

What is an emerging market?
An emerging-market economy was defined by the World Bank in 1981 as ‘an economy with
low-to-middle income’. Although other definitions have been put forward since, it is widely
accepted that, to be classified as an emerging-market economy, a nation must be moving
from a closed to an open market. That transformation is usually accompanied by rapid
economic growth and a fast pace of economic reform. Emerging markets constitute around
80% of the world’s population but just 20% of the world’s economic activity.
Emerging markets can vary widely in size and economic importance. Smaller nations, such as
Albania and the re-emerging global powerhouse that is China, are both said to be emerging.
In the long term, all emerging-market economies are looking to converge with the economic
and living standards of the developed world.
In recent years, interest in emerging markets has risen. In the move towards globalisation,
companies have sought to make use of the developing world’s strong rates of economic
growth, large markets, significant natural resources and lower labour costs. Countries such as
China, Brazil and India are widely expected to become major players on the global economic
stage over the coming decades.
Why are emerging markets suitable for investment?
Emerging-market nations tend to have higher rates of economic growth than the developed
world. Hence, the profits of companies operating there tend grow faster than in the
developed world, which means higher average returns to investors. As such countries are in a
state of transition, investments in emerging markets are more risky, but that is offset by their
higher potential rewards.
The opportunities for outside investment can be considerable, whether via capital markets
(buying shares and bonds) or directly into tangible assets (such as companies). For example,
a nation wanting to attract foreign investment will tend to enact reforms aimed at providing a
stable local currency, transparent codes of business and open markets. Usually backed by a
global organisation such as the World Bank or the International Monetary Fund (IMF), such
reforms are intended to foster confidence among the global investment community and
thereby attract high inflows of investment. Clearly, the first investors to place money into a
country’s asset markets would stand to gain the most from rapid economic growth and rising
investor confidence.
The demographic profile of emerging markets also makes them an attractive proposition for
long-term investment. Population growth in Asia and Latin America dwarfs that of developed
markets such as Europe and Japan. As emerging markets mature and economic benefits are
passed on to workers, their burgeoning middle classes become increasingly important
markets for global exports. Already, Mexico and China have become the US’s second-largest
and third-largest trading partners, and China is now Japan’s most important trading partner.
Emerging-market equities
Investment universe
Emerging-market equities can be split into five geographical blocks. Emerging Asia, which
makes up 55% of emerging equity markets, comprises Korea, Taiwan, China, India, Malaysia,
Thailand, Indonesia, the Philippines and Pakistan. Latin America (19%) includes Brazil,
Mexico, Chile, Argentina, Peru, Colombia and Venezuela. Africa (12%) is composed of South

Africa, Egypt and Morocco. Emerging Europe (10%) comprises Russia, Poland, Turkey,
Hungary and the Czech Republic. The Middle East (4%) is made up of Israel and Jordan


http://64.233.183.104/search?q=cache:HmFSavcqxhYJ:www.stockbrokers.barclays.co.uk/content/research/reports/investorguides/documents/Emerging%2520Markets~2005-06-01%252008_33.pdf+morocco+emerging+market&hl=nl&ct=clnk&cd=14&gl=nl&client=firefox-a

.....accoding to wikipedia!



No, not according to wikipedia but according to Worldbank, economist, Barclays Banks, international banks etc


Emerging Markets

What is an emerging market?
An emerging-market economy was defined by the World Bank in 1981 as ‘an economy with
low-to-middle income’. Although other definitions have been put forward since, it is widely
accepted that, to be classified as an emerging-market economy, a nation must be moving
from a closed to an open market. That transformation is usually accompanied by rapid
economic growth and a fast pace of economic reform. Emerging markets constitute around
80% of the world’s population but just 20% of the world’s economic activity.
Emerging markets can vary widely in size and economic importance. Smaller nations, such as
Albania and the re-emerging global powerhouse that is China, are both said to be emerging.
In the long term, all emerging-market economies are looking to converge with the economic
and living standards of the developed world.
In recent years, interest in emerging markets has risen. In the move towards globalisation,
companies have sought to make use of the developing world’s strong rates of economic
growth, large markets, significant natural resources and lower labour costs. Countries such as
China, Brazil and India are widely expected to become major players on the global economic
stage over the coming decades.
Why are emerging markets suitable for investment?
Emerging-market nations tend to have higher rates of economic growth than the developed
world. Hence, the profits of companies operating there tend grow faster than in the
developed world, which means higher average returns to investors. As such countries are in a
state of transition, investments in emerging markets are more risky, but that is offset by their
higher potential rewards.
The opportunities for outside investment can be considerable, whether via capital markets
(buying shares and bonds) or directly into tangible assets (such as companies). For example,
a nation wanting to attract foreign investment will tend to enact reforms aimed at providing a
stable local currency, transparent codes of business and open markets. Usually backed by a
global organisation such as the World Bank or the International Monetary Fund (IMF), such
reforms are intended to foster confidence among the global investment community and
thereby attract high inflows of investment. Clearly, the first investors to place money into a
country’s asset markets would stand to gain the most from rapid economic growth and rising
investor confidence.
The demographic profile of emerging markets also makes them an attractive proposition for
long-term investment. Population growth in Asia and Latin America dwarfs that of developed
markets such as Europe and Japan. As emerging markets mature and economic benefits are
passed on to workers, their burgeoning middle classes become increasingly important
markets for global exports. Already, Mexico and China have become the US’s second-largest
and third-largest trading partners, and China is now Japan’s most important trading partner.
Emerging-market equities
Investment universe
Emerging-market equities can be split into five geographical blocks. Emerging Asia, which
makes up 55% of emerging equity markets, comprises Korea, Taiwan, China, India, Malaysia,
Thailand, Indonesia, the Philippines and Pakistan. Latin America (19%) includes Brazil,
Mexico, Chile, Argentina, Peru, Colombia and Venezuela. Africa (12%) is composed of South

Africa, Egypt and Morocco. Emerging Europe (10%) comprises Russia, Poland, Turkey,
Hungary and the Czech Republic. The Middle East (4%) is made up of Israel and Jordan

http://64.233.183.104/search?q=cache:HmFSavcqxhYJ:www.stockbrokers.barclays.co.uk/content/research/reports/investorguides/documents/Emerging%2520Markets~2005-06-01%252008_33.pdf+morocco+emerging+market&hl=nl&ct=clnk&cd=14&gl=nl&client=firefox-a

I find the fetish for ranking anything in sight really unnerving. Anyone with an elementary understanding of international economics knows that countries like, inter alia, Algeria, Nigeria, Kenya and Angola rightly belong amongst the group of African emerging markets. The choice of Morocco is rather puzzling and frankly ‘interesting’ (I've got nothing anything Moroccans), and the inclusion of Egypt, while unproblematic, must be placed in a broader geopolitical context, as Egypt traditionally has been, perhaps until the Iraq debacle and invasion of Afghanistan, the second largest recipient of US foreign aid after Israel. Naturally, the Egyptian economy and polity have benefited from this massive flow of assistance and 'know-how' :-)

Amateurs and specialists alike are wont to develop lists like Barclays' based on their idiosyncrasies and prejudices (???). A more useful and sectorally-informed typology would review the utility of the following and other variables: the pace and depth of reforms, GDP growth rates, stock market performance and capitalization, state of the financial services industry, characteristics of the economy (eg size of the internal market in general and the middle class in particular; movement towards a diversified economy; inflation rates; debt overhang; exchange rate stability, fiscal prudence), openness of the economy to foreign investment and the performance of specific sectors etc.

In all these areas, the so-called SANE group, an acronym which the African Development Bank apparently coined, has out-performed its peers. Other countries that are doing quite well, in my humble opinion, in many of these areas include Ghana, Senegal, Kenya, Angola and Botswana etc. I sincerely hope that they and other African countries will precipitate a renaissance that will reverberate throughout the continent.

Overall, seemingly-authoritative rankings/lists that abound on the Internet should be carefully scrutinized, as they are not sacrosanct!!!

......and lest I forget, political and human development indicators matter too, although there are 'undemocratic' countries like China that are progressing economically but not necessarily in these other areas. This highlights, of course, the development-democracy conundrum - ie should/could economic development precede democratization or vice versa? This is an age-old academic debate and the marked differences amongst the BRIC bloc (Brazil, Russia, India and China) shows that the path to sustainable 'development' is not linear or rigid; instead, it is influenced by local exigencies and external realities.........

nope read the article again
I read it and i got ur point but the world SMALLER is trash!

I think the SANE (South Africa, Algeria, Nigeria and Egypt) are definitely emerging markets in Africa. While i would still add Morocco to that list. The next batch of countries that exhibit signs of joining African emerging markets are Kenya, Angola, Ghana, Botswana.

Just my version of Africa's emerging market league. I think anyone who still needs convincing that Nigeria is an emerging market really needs to get their head examined (the train has already left and if you aren't in it, you will miss it). Even the more skeptical articles on this topic always mentions Nigeria. Sure there are issues with other areas of Nigeria's economic sector and severe infrastructural bottlenecks, but energy (oil), telecoms, financial services, real estate and retail sectors are sky rocketing. The new government appears serious in really tackling these bottlenecks which will further ignite the Nigerian economy.

i agree kulani...it's well said,"though sudan could feature on my own next batch!

Thanks Kulani, for your support and clear arguments!