A country is considered an “Emerging Market” when its social and business activities are in a marked accelerated growth. The term “Emerging Market” was first put into use by World Bank economist Antoine van Agtmael to define a country that is transitioning from “developing” to “developed”. Ian Bremmer, a political scientist characterizes an “Emerging Market” as a country where economics and politics are equal. The 2008 Emerging Economy Report defines emerging markets as those regions that are undergoing rapid “informationalization” and have limited industrialization. Scholars from both Harvard Business School and Yale School of Management are studying ...
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