Emerging Markets
Emerging markets, sometimes also called developing economies, refers to countries that experience considerable economic growth and possess some, but not all, characteristics of a developed economy. Often referred to as countries that are transitioning from the “developing” phase to the “developed” phase, emerging markets are taking the leap from a low income, often pre-industrial economy towards a modern, industrial economy with a higher standard of living. Because of their dynamism, emerging market economies are generally considered to offer significant prospective returns. A popular category of emerging markets is known by the acronym “BRICS.” These countries – Brazil, Russia, India, China and South Africa – were designated in the early 2000s as the five leading economies of the developing world, representing a significant share of global GDP and wielding greater influence global affairs than other emerging countries.
Experts
Aaron Brown
Adam Levinson
Adam Mesh
Adam Rodman
Adrian Helfert
Agathe Demarais
Ajay Kapur
Alain Mandy
Alan Snyder
Albert Yeh
Alberto Gallo
Alex Gurevich
Alex Mashinsky
Alex Shevelev
Alex Vaskevitch
Alex Veroude
Alexander Campbell
Ali Akay
Alice Schroeder
Alvin Foo
Amanda Tepper
Ambre Soubiran
Amelia Bourdeau
Ami Joseph
Amin Elkholy
Amlan Roy
Andrea Gentilini
Andrei Stetsenko
Andrew Balls
Andrew Lapthorne
Andrew Schneider
Andrés Cardenal
Angelo Robles
Angus Shillington
Aniket Shah
Aniket Ullal
Ankit Sahni
Ann Logue
Anna Wong
Anne Richards
Anneka Treon
Ari Paul
Ariel Yusim
Arjun Divecha
Artem Milinchuk
Arthur Laffer
Aryeh Bourkoff
Ashraf Laidi
Barry Knapp
Barry Silbert
Basil Karatzas
Bastian Bolesta
Beeneet Kothari
Ben Chrnelich
Ben Harburg
Ben Morris
Ben Powell
Benn Eifert
Benoit Bosc
Bilal Hafeez
Bill Kaye
Bill Kelly
Bill Poulos
Boaz Weinstein
Bob Iaccino
Bob Lang
Bob McNally
Bob Savage
Bobby Schwartz
Bradley Duke
Bradley Safalow
Brett Winton
Brian McCarthy
Brian Quartarolo
Brian Taylor
Brien Lundin
Bruce Fenton
Buck Wiley III
Bundeep Singh Rangar
Cam Harvey
Cameron Hight
Camila Russo
Carl Delfeld
Carlos Asilis
Carlos Sanchez
Catherine Coley
Cem Karsan
Cenk Sidar
Charles Brandes
Charlie McGarraugh
Charlie Morris
Chi Nnadi
Chiente Hsu
Chris Bailey
Chris Berry
Chris Blasi
Chris Castroviejo
Chris Cole
Chris DeMuth Jr
Chris Selth
Chris Versace
Chris Watling
Chris Weafer
Christian Thwaites
Christine Breck
Christine Sandler
Christopher Wood
Clayton DeGiacinto
Clemente Cappello
Colin Gillis
Colin Moore
Constance Hunter
Cormac Leech
Courtney Smith
Cristina Junqueira
DJ Gribbin
Damien Buchet
Dan Alpert
Dan Morehead
Dane Chamorro
Daniel Arbess
Daniel Fogg
Daniel Lacalle
Daniel Lansberg-Rodriguez
Daniel Strachman
Daniël de Blocq van Scheltinga
Dante Disparte
Darius Dale
Dave Floyd
David Adelman
David Dorr
David Dredge
David Duong
David Martin
David Merkel
David Packham
David Rose
David Salem
David Skarica
David Truffelman
David Woo
Deepak Shenoy
Des Sheehy
Diana Choyleva
Dieter Rentsch
Divya Narendra
Dominique Dwor-Frécaut
Donald van Deventer
Douglas Borthwick
Douglas Lucas
Drianne Benner
Ed Campbell
Ed Keon
Ed Woodford
Eddy Zuaiter
Edward Goldberg
Edward Misrahi
Eileen Murray
Eli Rauch
Emad Mostaque
Emma Giamartino
Eric Henderson
Eric Muschinski
Eric Weigel
Erik Bethel
Erik Conley
Etienne de Marsac
Evan Roth
Evan Strain
Ezra Zask
Felix Hartmann
Francesco Martoccia
Francis Hunt
Frank Holmes
Frederik Ducrozet
Fredrik Nerbrand
Freya Beamish
Galen Burghardt
Gareth Soloway
Garett Lim
Genna Lozovsky
Geo Chen
George Goncalves
George Mussalli
Gina Sanchez
Graham Summers
Greg Reid
Guillaume Fonkenell
Guillermo Dumrauf
Guy Spier
Hans Humes
Harald Malmgren
Hari Krishnan
Harry Melandri
Hector Fernandez
Howard Hoffen
Howard Klein
Hrish Lotlikar
Huw Roberts
Ian Bremmer
Ian Epstein
Indranil Ghosh
JM Mognetti
Jack Selby
Jakub Rehor
Jalak Jobanputra
James Butterfill
James Dondero
James Ferguson
James Lavish
James Turk
Jamie Coutts
Jamiel Akhtar
Jan van Eck
Janet Brown
Jared Dillian
Jason Hsu
Jason Leibowitz
Jawad Mian
Jay Jacobs
Jay Lipman
Jay Pelosky
Jay Soloff
Jeff Berwick
Jeff Fischer
Jeff Kauffman
Jeff Kilburg
Jeffrey Sachs
Jens Nordvig
Jeremy Deal
Jeremy Schwartz
Jeroen Blokland
Jerry Hwang
Jerry del Missier
Jesse Knutson
Jill Carlson
Jim Dunn
Jim O'Shaughnessy
Jim Rogers
Jim Walker
Joanna Zeng
Joe Cavatoni
Joe Cornell
Joe Perry
Joe Zhao
Joel Litman
John Bailey
John Butler
John Exley
John Floyd
John Kolovos
John Kosar
John Llewellyn
John Murphy
John Netto
John Paul Smith
John Quinn
John Reese
John Rutledge
Jon Askonas
Jon Mawby
Jonas Thulin
Jonathan Sherry
Jonathan Treussard
Jordan Kotick
Jordi Visser
Joseph Hogue
Josh Ho
Josh Wolfe
Josh Young
Julien Bittel
Juliette Declercq
Jérôme Stern
Kabir Sehgal
Kathy Lien
Kay Van-Petersen
Keith Mullin
Kelley Wright
Ken Berman
Ken Monahan
Kenny Polcari
Kent Collier
Kent Moors
Kerry Pogue
Kevin Murphy
King Au
Kit Juckes
Komal Sri-Kumar
Kris Tuttle
Kristen Capuano
Kristina Koutrakos
Lars Hoffmann
Lars Seier Christensen
Lawrence Lewitinn
Lawson Steele
Leah Wald
Lee Robinson
Leland Miller
Lewis Johnson
Lex van Dam
Lily Liu
Lindsey Bell
Loretta Joseph
Lou Basenese
Luke Burgis
Luke Ellis
Maciej Wojtal
Magdalena Polan
Maj Soueidan
Maleeha Bengali
Manmohan Singh
Marc Chaikin
Marc Chandler
Marc Faber
Marc Mayer
Marc Ostwald
Marcelo Lopez
Marcos Carreira
Marcos Douer
Marie Dzanis
Mariusz Skonieczny
Mark Campanale
Mark Carney
Mark Cullen
Mark Dow
Mark Galasiewski
Mark Mobius
Mark Newton
Marko Papic
Marshall Stocker
Martin Friedman
Martin Gruber
Marty Fridson
Matt Hougan
Matt Toms
Matteo Perruccio
Matthew Sigel
Matthew Waz
Matthias Knab
Max Wolff
Maxine Ryan
Maziar Minovi
Megan Greene
Mehul Daya
Michael Barrington-Hibbert
Michael Becker
Michael Corcelli
Michael Howell
Michael Kao
Michael Kramer
Michael Moe
Michael Nicoletos
Michael Parekh
Michael Pettis
Michael Tiedemann
Michelle Noyes
Mike Gallagher
Mike Harris
Mike Hennessy
Mike Kantrowitz
Mike Kessler
Mike Lazorik
Mike Mufson
Mike Robinson
Moez Kassam
Mohamed El-Erian
Neal Berger
Neels Heyneke
Neil Shearing
Nelly Nyambi
Nicholas Pardini
Nicholas Vardy
Nick Arnott
Nick Lawson
Nigam Arora
Nitya Sharma
Nouriel Roubini
Nuno de Sousa
Oliver Harvey
Olivier Desbarres
Omar Bassal
Ovie Faruq
Pablo Calderini
Patricia Baronowski-Schneider
Patrick Boyle
Patrick McVeigh
Patrick Perret-Green
Paul Kim
Paul Kohlhaas
Paul Krake
Paul McNamara
Paul Zemsky
Pedro Ramos
Pedro da Costa
Pete Nickerson
Peter Albano
Peter Boockvar
Peter Carey
Peter Churchouse
Phil Moffitt
Pippa Malmgren
Prateek Mehrotra
R.P. Eddy
Rachel Ziemba
Raghav Kapoor
Ralph Kruger
Rana Foroohar
Rashique Rahman
Ravi Malik
Ray Merriman
Renée DiResta
Rich Ross
Richard Brostowicz Jr.
Richard Excell
Richard Kim
Richard Sandor
Richard Smith
Richard Werner
Rishi Narang
Robert Friedland
Robert Gibbins
Robert Horrocks
Robert Koenigsberger
Robert Levine
Roger Montgomery
Roham Gharegozlou
Ruchir Sharma
Russ Dallen
Russell Clark
Russell Jones
Russell Napier
Ryan Caldbeck
Ryan Morris
Sahm Adrangi
Saker Nusseibeh
Sam Burns
Sam Isaly
Samuel Rines
Sandra Kartt
Sang Lee
Sassan Ghahramani
Savvas Savouri
Scott Dooley
Scott Seaman
Sean Fieler
Sean Stiefel
Sebastian Mallaby
Sebastien Page
Seth Ginns
Shah Gilani
Sid Sarin
Siddhartha Jha
Simon White
Slobodan Jovanovic
Spencer Jakab
Stefan Heck
Stephen Bigalow
Stephen Castellano
Stephen Freidheim
Stephen Kelso
Steve Brice
Steve Case
Steve Ehrlich
Steve Hanke
Steve Miley
Steven Bleiberg
Steven Schoenfeld
Sudhu Arumugam
Sylvain Raynes
Taimur Baig
Tania Reif
Tariq Dennison
Taso Arima
Tassos Stassopoulos
Thomas Braziel
Thomas Hugger
Thomas McDonald
Tidjane Thiam
Tim Draper
Tim Freundlich
Tim Price
Tim Seymour
Tobias Carlisle
Tobin Smith
Todd Gordon
Todd Harrison
Todd Juillerat
Tom Caddick
Tom Gardner
Tom Jacobs
Tom Miller
Tom Trowbridge
Toni Turner
Tony Crescenzi
Tony Nash
Tony Saliba
Tony Zhang
Troy Thornton
Ty Popplewell
Tyler Winklevoss
Udith Sikand
Victor Verberk
Vikram Mansharamani
Viktor Shvets
Vince Sarullo
Vincent Catalano
Vitaliy Katsenelson
Wai-Kwong Seck
Whitney Macro
Will Braman
Woody Bradford
Xavier Rolet
Yasmina Zaidman
Yoshi Nakamura
Zhang Lei
An emerging market economy is characterized by a developing infrastructure, modernized financial systems, and increasing integration into the global market.
Emerging economies often come with enticing growth prospects, and they have made substantial strides in infrastructure, manufacturing, and service sector capabilities.
Many developed countries partner with emerging markets in pursuit of discounted goods and labor, while helping the emerging market grow.
CHARACTERISTICS OF EMERGING MARKETS
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Stems from political instability, external price movements, and/or supply-demand shocks due to natural calamities.
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Growth and investment potential.
Emerging markets are often attractive to foreign investors due to the high return on investment they can provide.
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High rates and economic growth.
Governments of emerging markets tend to implement policies that favor industrialization and rapid economic growth. Such policies lead to lower unemployment, higher disposable income per capita, higher investments, and better infrastructure.
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Income per capita.
Emerging markets usually achieve a low-middle income per capita relative to other countries, due to their dependence on agricultural activities.
CLASSIFICATION OF EMERGING MARKETS
The BRICS nations.
The BRICS nations are at the top of the emerging markets list and are well-established as emerging economies.
This includes Brazil, Russia, India, China and South Africa, which is how the list gets its name.
They show the potential for rapid growth, fast investments, a significant contribution to global production and a growing middle class.
The "Next 11" nations.
These are economies that show the potential to join the world's top emerging markets but may lack some of the characteristics of an emerging market.
This classification includes countries like Turkey, Vietnam, Egypt, Bangladesh, Pakistan, Mexico, Nigeria, South Korea and Iran.
Countries within this classification are likely to become some of the largest economies in the world over the next hundred years.
The frontier nations.
These economies are developing, but still need more progress to reach stability.
Making investments in frontier markets often has a higher level of associated risk because of this lack of stability.
These countries are usually heavily reliant on commodities and it can be more challenging to obtain transparent information from them.