DVM 1100 Lecture Notes - Lecture 9: Gini Coefficient, Food Security, Poverty Reduction
11 Dec 2016
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Document Summary
An emerging market economy describes a nation"s economy that is progressing toward becoming more advanced, usually by means of rapid growth and industrialization. These countries experience an expanding role both in the world economy and on the political frontier. Emerging, mixed, market, melange economies are the same. Have all benefited from the process of globalization ex/ with technology. Progressing toward becoming advanced, but do still not have the level of market efficiency and strict standards in comparison with advanced economies, Having a physical financial infrastructure including banks, a stock exchange and a unified currency, Have raised their gdp with the process of globalization. Having higher level of gdp, hence are attractive for foreign investors, Transferring from dictatorship systems to free market economies. Experiencing a higher level of welfare and standards of life. Still suffering from political instability, restricted infrastructure, currency invisibility. Must establish a good political climate to attract foreign investors. Must produce something to put into the market.
