Emerging Market
Essay by 24 • July 17, 2011 • 1,243 Words (5 Pages) • 1,525 Views
EMERGING MARKETS
Definition: Emerging markets are some of the fastest growing economies in the world and represent countries that are experiencing a substantial economic transformation and lots of growth.
Investing in these countries has lots of potential for big returns, but it also carries lots more risk than domestic investing.
Emerging countries are listed below:
1. China 9. Chile 17. Malaysia 25. Taiwan
2. India 10. Colombia 18. Morocco 26. Thailand
3. Mexico 11. Czech Republic 19. Peru 27. Turkey
4. Pakistan 12. Egypt 20. Saudi Arabia 28. Venezuela
5. Brazil 13. Hungary 21. Philippines
6. Russia 14. Indonesia 22. Poland
7. Argentina 15. Singapore 23. South Africa
8. Hong Kong 16. Israel 24. South Korea
Regional Alliances and Trade Pacts:
“The regional alliance is a network of emerging economies that collaborate on trade and other issues such as politics, environment, peace, etc.”
List of Regional Alliances and Trade Pacts:
1. ASEAN
2. SOUTH AMERICA
3. EASTERN EUROPE
4. NORTH-EAST ASIA
5. SOUTH ASIA
Trade Pacts:
пÑ"? AFTA вЂ" ASEAN Free Trade Area : Brunei, Singapore, Thailand, Vietnam, Laos, Malaysia, Myanmar, Philippines, Cambodia, Indonesia, Darussalam
пÑ"? ASEAN вЂ" Association of South East Asian Nations : Brunei, Singapore, Thailand, Vietnam, Laos, Malaysia, Myanmar, Philippines, Cambodia, Indonesia, Darussalam
пÑ"? BAFTA вЂ" Baltic Free-Trade Area: Estonia, Latvia, Lithuania
пÑ"? BANGKOK вЂ" Bangkok Agreement: Bangladesh, China, India, Republic of Korea, Laos, Sri Lanka
пÑ"? CAN вЂ" Andean Community: Bolivia, Colombia, Ecuador, Peru, Venezuela
пÑ"? CARICOM - Caribbean Community and Common Market: Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Trinidad & Tobago, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines Surinam
пÑ"? CACM - Central American Common Market: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
пÑ"? CEFTA - Central European Free Trade Agreement: Albania, Bosnia and Herzegovina, Croatia, Former Yugoslav Republic of Macedonia (FYROM), Moldova, Montenegro, Serbia and United Nations Interim Administration Mission in Kosovo
пÑ"? CEMAC - Economic and Monetary Community of Central Africa: Cameroon Central African Republic Chad Congo Equatorial Guinea Gabon
пÑ"? CER - Closer Trade Relations Trade Agreement: Australia, New Zealand
пÑ"? CIS - Commonwealth of Independent States: Azerbaijan Armenia Belarus Georgia Moldova Kazakhstan Russian Federation Ukraine Uzbekistan Tajikistan Kyrgyz Republic
пÑ"? COMESA - Common Market for Eastern and Southern Africa: Angola Burundi Comoros Democratic Republic of Congo Djibouti Egypt Eritrea Ethiopia Kenya Madagascar Malawi Mauritius Namibia Rwanda Seychelles Sudan Swaziland Uganda Zambia Zimbabwe
пÑ"? EAC - East African Cooperation: Kenya Tanzania Uganda
пÑ"? EAEC - Eurasian Economic Community: Belarus Kazakhstan Kyrgyz Republic Russian Federation Tajikistan
пÑ"? EC - European Communities: Austria Belgium Bulgaria Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Poland Portugal Romania Slovak Republic Slovenia Spain Sweden The Netherlands United Kingdom
пÑ"? ECO - Economic Cooperation Organization: Afghanistan Azerbaijan Iran Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkey Turkmenistan Uzbekistan
пÑ"? EEA - European Economic Area: EC Iceland Liechtenstein Norway
пÑ"? EFTA - European Free Trade Association: Iceland Liechtenstein Norway Switzerland
пÑ"? GCC - Gulf Cooperation Council: Bahrain Kuwait Oman Qatar Saudi Arabia United Arab Emirates
пÑ"? GSTP - General System of Trade Preferences among Developing Countries: Algeria Argentina Bangladesh Benin Bolivia Brazil Cameroon Chile Colombia Cuba Democratic People's Republic of Korea Ecuador Egypt Ghana Guinea Guyana India Indonesia Islamic Republic of Iran Iraq Libya Malaysia Mexico Morocco Mozambique Myanmar Nicaragua
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