Resources of the Week: Emerging Markets
By Shirl Kennedy, Editor
Introduction
Here is something about emerging markets that I'll bet you didn't know: According to Investopedia, the term was coined by Antoine W. van Agtmael of the International Finance Corporation of the World Bank back in 1981. Investopedia's definition is as good as any: "(A)n emerging, or developing, market economy (EME) is defined as an economy with low-to-middle per capita income. Such countries constitute approximately 80% of the global population, representing about 20% of the world's economies."
An authoritative list of emerging market countries can be difficult to come by; various sources include different nations in the mix. However, Morgan Stanley Capital International's Emerging Market Index is a pretty good compilation: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. This week, we offer a round-up of resources that deal with emerging markets.
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