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 According to "The Economist", many people find the term outdated, but no new term has gained traction.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 obstacles for companies trying to operate in emerging markets. According to the book, understanding these voids and learning how to work with them in specific markets is the key to success. On the basis of over a decade of research and practical experience with foreign multinationals and domestics companies in emerging markets, Tarun Khanna and Krishna Palepu present a simple framework intended to help strategists and investors map the unique institutional contexts for individual emerging market. The book offers advice and practical toolkits on determining whether to: Tarun Khanna is the Jorge Paulo Lemann professor at Harvard Business School; where