GEOG 104 Chapter Notes - Chapter 1: Morgan Stanley, Msci, Times Higher Education World University Rankings
Document Summary
Emerging country: what it is, indexes, advantages and characteristics. An emerging country presents a favorable or encouraging economic outlook. An emerging country or developing country is called a nation that, from the point of view of its eventual investors or business partners, is emerging from underdevelopment. Therefore, it presents a favorable or encouraging economic outlook. It is often preferred to speak of emerging markets or emerging economies, so as not to employ a country perspective that reduces the existence of nations to the merely economic. There is not always consensus on what criteria to use to discern between developed and underdeveloped countries. For this reason, the vision that uses these two categories is often criticized and considers the emerging as those who are moving from the second to the first category. As a criterion, the economy and industrial development are usually measured.