Emerging Markets: Anatomy, Characteristics, and History

Ali Zafar ()

Chapter Chapter 3 in Emerging Markets in a World of Chaos, 2023, pp 23-110 from Springer

Abstract: Abstract China has had a meteoric rise in the last three decades to become the second largest economy in the world, but the growth model is being rethought. India has emerged as a large services sector economy after years of low growth. The Latin American trifecta of Brazil, Argentina, and Mexico built industrial capability in the earlier part of the century, but they are now adversely impacted by institutional and microeconomic challenges. Russia and Saudi Arabia continue to be impacted by the vagaries of the oil market and geopolitics linked to Ukraine and other crises. Türkiye has changed but has faced setbacks. Indonesia has stabilized and is growing. South Africa faces a difficult post-apartheid transition.

Keywords: China; India; Indonesia; Turkey; Russia; Brazil; Mexico; South Africa; Saudi Arabia; Argentina; macroeconomic policy growth; Poverty; Industry; Agriculture; Women; Credit; Money; Safety nets; Private sector; Conglomerates; Inequality (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-29949-0_3

Ordering information: This item can be ordered from
http://www.springer.com/9783031299490

DOI: 10.1007/978-3-031-29949-0_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().