Emerging Market Economy
Countries that are starting to participate globally by implementing reform programs and undergoing economic improvement.
Investopedia Commentary
The countries that have emerging markets together represent a large percentage of the world's population while accounting for a relatively small percentage of the world's economic production. Emerging markets tend to be more volatile than established markets due to uncertainty within the political scene and domestic currency.
Related Links
What Is An Emerging Market Economy?
What Are Central Banks?
What Is International Trade?
What Is The World Bank?
What Is The World Trade Organization?
See also: BOT - Balance of Trade, Capitalism, Economy, Export, Gross Domestic Product - GDP, Import, International Monetary Fund - IMF