Emerging Markets - “the Engine” of World Economy

Parpandel Denisa - Elena (), Gheordunescu Maria Elena () and Gust Marius ()
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Parpandel Denisa - Elena: ”Constantin Brâncoveanu” University of Piteºti, Faculty of Management Marketing in Economic Affairs, Rm. Vâlcea
Gheordunescu Maria Elena: ”Constantin Brâncoveanu” University of Piteºti, Faculty of Management Marketing in Economic Affairs, Rm. Vâlcea
Gust Marius: ”Constantin Brâncoveanu” University of Piteºti, Faculty of Management Marketing in Economic Affairs, Rm. Vâlcea

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 595-600

Abstract: This paper presents some particularities of emerging markets that appear and develop as a result of growth and development tendency of international financial market. Excluding the option of remaining with the status of a “tired” economy, emerging markets had to react in the only way they could be rational, joining the global market. According to the quarterly report prepared by Ernst & Young - Rapid - Growth Markets Forecast (RGMF) the global economic recovery will be achieved through investments in infrastructure programs, especially in Asia, as well as increasing demand from the domestic consumers, which will lead to the balance of the pretty sensitive external environment, and emerging market economies will grow, most likely, by 5.6% in 2013.

Keywords: emerging markets; world economy; development; growth (search for similar items in EconPapers)
JEL-codes: E22 E44 F02 F63 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:595-600

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