Emerging market Emerging market An emerging market is a country that has some characteristics of a developed market, but does not satisfy standards to be termed a developed market. This includes countries that may become developed markets in the future or were in the past. The term "frontier market" is used for developing countries with smaller, riskier, or more illiquid capital markets than "emerging". The economies of China and India are considered to be the largest emerging markets. According to "The Economist", many people find the term outdated, but no new term has gained traction. Emerging market hedge fund capital reached a
Winning in Emerging Markets result is a compelling must-read for any leader who is seeking sustainable growth in dynamic emerging markets." Dominic Barton, Worldwide Managing Director of McKinsey & Company, stated "Learning to compete in emerging markets is one of the greatest challenges facing global businesses today. In this book, Tarun Khanna and Krishna Palepu show leaders how to navigate the different operating conditions in these markets and how to take advantage of the tremendous growth opportunities they offer in the twenty-first century." The founder and Chairman of Infosys, N.R. Narayana Murthy, reviewed the book saying "Emerging markets have piqued the interest of many