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Emerging markets are countries that are experiencing rapid economic growth and industrialization. Some examples include China, India, Brazil, Russia, and South Africa. These countries are characterized by a growing middle class, increasing domestic consumption, and government policies that support economic growth.
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According to a financial services company, Charles Schwab Corporation, emerging markets are countries undergoing rapid economic growth and industrialization. These countries, Charles Schwab website states, make up 59% of the world's population and 40% of the world's economic output. Also, it's worth mentioning that per the April 2019 International Monetary Fund (IMF) estimate, emerging market economies are expected to grow faster than developed economies, at 4.8% in 2020, compared to 3.6% for their developed peers.
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Where to find new opportunities in an ever more competitive market? Use our Emerging Markets presentation to inspire expansion at the global level and...
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