An emerging market, by definition, is a country that attempts to transform its economy by improving its operation to the levels of the world's more advanced nations.
In other words, emerging markets are financial markets of developing countries. They allow economies to become more competitive and more open to international investors. They have implemented liberal economic policies and practices such as adopting international financial standards abroad-based discriminatory controls for nondomiciled investors.
They are economies that present high risk but also potentially high rates of growth; they have low per capita Gross Domestic Product. Emerging markets are the result of the financial support programs of international institutions with the primary goal of creating stronger economies.
What are emerging markets?
