Dr Shakuntala Misra

National Rehabilitation
University

Topic
Emerging Markets
Subject
Economies of Emerging Business
Submitd to Submited by
Ms Shambhavi mam Vaibhav Shukla
Faculty of Law 10 semester
D.S.M.N.R.U D.S.M.N.R.U
 ACKNOWLEDGEMENT
I would like to express my special thanks of
gratitude to my teacher Ms Shambhavi mam who
give me the golden opportunity to do this wonderful
project on the topic Emerging Markets , which also
helped me in doing a lot of Research and I come to
know about so many new things I am really thankful
to them.
Secondly I would also like to thank my friends who
helped me a lot to finalizing this project within the
limited time frame.

Emerging market
An emerging market (or an emerging country or an emerging
economy) is a market that has some characteristics of
a developed market, but does not fully meet its standards.
[1] This includes markets that may become developed markets
in the future or were in the past.[2] The term "frontier market" is
used for developing countries with smaller, riskier, or more
illiquid capital markets than "emerging".[3] As of 2006, the
economies of China and India are considered to be the largest
emerging markets.[4] According to The Economist, many people
find the term outdated, but no new term has gained traction.
[5] Emerging market hedge fund capital reached a record new
level in the first quarter of 2011 of $121 billion.[6] The 10
largest emerging and developing economies by
either nominal or PPP-adjusted GDP are 4 of the
5 BRICS countries (Brazil, Russia, India and China) along
with Indonesia, Iran, South Korea, Mexico, Saudi
Arabia, Taiwan and Turkey.
When countries "graduate" from their emerging status, they are
referred to as emerged markets, emerged
economies or emerged countries, where countries have
developed from emerging economy status, but have yet to reach
the technological and economic development of developed
countries.[7]

Terminology
Emerging markets share the economic characteristics such
as low income, high growth economies that use market
liberalization as their main means of growth. Of course,
emerging economies can develop out of such emerging
status, entering the post-emerging stage. When emerging
markets "graduate" from their economic status, they are
referred to as emerged markets.[7] Countries
like Israel, Poland, South Korea, Taiwan, the Czech
Republic, and city-states such as Singapore have
transitioned from emerging to “emerged”.[7] These
emerged markets tend to be characterized by higher
incomes and relatively stable political schemes, compared
to those categorized as emerging markets.[7]
Commonly listed
BBVA Research
Emerging Market Bond Index GlobalEdit
The Emerging Market Bond Index Global (EMBI Global)
by J.P. Morgan was the first comprehensive EM
sovereign index in the market, after the EMBI+. It
provides full coverage of the EM asset class with
representative countries,
investable instruments (sovereign and quasi-sovereign),
and transparent rules. The EMBI Global includes only
USD-denominated emerging markets sovereign bonds
and uses a traditional, market capitalization weighted
method for country allocation.[31] As of March end 2016,
 the EMBI Global's market capitalization was $692.3bn.
[25]
For country inclusion, a country's GNI per capita must be
below the Index Income Ceiling (IIC) for three
consecutive years to be eligible for inclusion to the EMBI
Global. J.P. Morgan defines the Index Income Ceiling
(IIC) as the GNI per capita level that is adjusted every
year by the growth rate of the World GNI per
capita, Atlas method (current US$), provided by the
World Bank annually. An existing country may be
considered for removal from the index if its GNI per
capita is above the Index Income Ceiling (IIC) for three
consecutive years as well as the country's long term
foreign currency sovereign credit rating (the available
ratings from all three agencies: S&P, Moody's & Fitch) is
A-/A3/A- (inclusive) or above for three consecutive years.
[31]
J.P. Morgan has introduced what is called an "Index
Income Ceiling" (IIC), defined as the income level that is
adjusted every year by the growth rate of the World GNI
per capita, provided by the World Bank as "GNI per
capita, Atlas method (current US$) annually". Once a
country has GNI per capita below or above the IIC level
for three consecutive years, the country eligibility will be
determined.[31]
 J.P. Morgan has established the base IIC level in

1987 to match the World Bank High Income

threshold at US$6,000 GNI per capita.
  Every year, growth in the World GNI per capita
figure is applied to the IIC, establishing a new IIC
that is dynamic over time.
 This approach ensures that J.P. Morgan's cutoff for
index removal is adjusted by the World income
growth rate, and not by the inflation rate of a smaller
sample of Developed economies.
 This metric essentially incorporates real global
growth, global inflation, and currency exchange rate
(current USD-denominated) changes.
 Essentially, the introduction of the IIC establishes a
higher, more appropriate threshold for country
eligibility in the EMBI Global/Diversified.

Emerging Markets Index

The Emerging Markets Index by MasterCard is a list of

the top 65 cities in emerging markets. The following
countries had cities featured on the list (as of 2008):
Countries with cities included in the 2008 Emerging
Markets IndexEdit
Continent/Region Country

Egypt
Kenya
Africa
Morocco
 Nigeria

Senegal

South Africa

Tunisia

China

India

Indonesia

Lebanon

Asia Malaysia

Pakistan

Philippines

Thailand

Vietnam

Bulgaria

Hungary

Poland

Europe Romania

Russia

Turkey

Ukraine

Argentina

Latin America Brazil

Chile
 Colombia

Dominican Republic

Ecuador

Mexico

Peru

Uruguay

Venezuela

Emerging Market Multinationals Report

Global Growth Generators
" Global Growth Generators", or 3G (countries), is an
alternative classification determined by Citigroup analysts
as being countries with the most promising growth
prospects for 2010–2050. These consist of Indonesia,
Egypt, seven other emerging countries, and two countries
not previously listed before,
specifically Iraq and Mongolia. There has been
disagreement about the reclassification of these countries,
among others, for the purpose of acronym creation as was
seen with the BRICS.
Estimating Demand in Emerging Markets

Economy
The following table lists the 25 largest emerging
economies by GDP (nominal) and GDP (PPP) in their
respective peak year.[38] Members of the G-20 major
economies are in bold.

GDP (nominal, Peak Year) Peak Year

Rank Country
millions of USD
1 China 19,911,593 2022

2 India 3,534,743 2022

3 Brazil 2,614,027 2011

4 Russia 2,288,428 2013

5 South Korea 1,804,680 2022

6 Iran 1,739,012 2022

7 Mexico 1,322,740 2022

8 Indonesia 1,289,295 2022

9 Saudi Arabia 1,040,166 2022

10 Turkey 957,504 2013

11 Taiwan 841,209 2022

12 Poland 699,559 2022

13 Argentina 643,861 2017

14 Nigeria 568,499 2014

15 Thailand 544,027 2019

16 Israel 520,703 2022

17 United Arab Emirates 501,354 2022

18 South Africa 458,708 2011

19 Malaysia 439,373 2022

20 Egypt 435,621 2022

21 Singapore 424,431 2022

22 Philippines 411,978 2022

23 Vietnam 408,947 2022

24 Bangladesh 396,543 2022

25 Colombia 382,094 2013

GDP (PPP, Peak Year) Peak Year

Rank Country
millions of USD
1 China 30,177,926 2022

2 India 11,745,260 2022

3 Russia 4,490,456 2021

4 Indonesia 3,995,064 2022

5 Brazil 3,680,942 2022

6 Turkey 3,212,072 2022

7 Mexico 2,890,685 2022

8 South Korea 2,735,870 2022

9 Saudi Arabia 2,002,542 2022

10 Taiwan 1,603,723 2022

11 Poland 1,575,777 2022

12 Iran 1,573,467 2012

13 Egypt 1,562,377 2022

14 Thailand 1,475,656 2022

15 Pakistan 1,468,862 2022

16 Vietnam 1,278,061 2022

17 Nigeria 1,268,536 2022

18 Argentina 1,195,581 2022

19 Philippines 1,143,862 2022

20 Bangladesh 1,113,600 2022

21 Malaysia 1,089,499 2022

22 Colombia 940,589 2022

23 South Africa 937,964 2022

24 United Arab Emirates 779,234 2022

25 Romania 707,747 2022

BIBLIOGRAPHY

1 www.google.com
2 www.Wikipedia.com
3 www.lawoctopus.com

Referenc books
1 Emerging Indian economic , politics &
reform.