Hours: Mon - Sat: 10.00 AM - 4.00 PM
An emerging market economy is the economy of a developing nation that is becoming more engaged with global markets as it grows. Emerging markets comprise the majority of the world’s people and land, and they continue to grow faster than the developed world. Emerging markets are countries with some characteristics of a developed market but are not yet fully developed. These countries have rapid GDP growth and industrialization, growing per capita income, increasing debt and equity markets liquidity, and established financial system infrastructures. Characteristics of developed markets may include strong economic growth, high per capita income, liquid equity and debt markets, accessibility by foreign investors, and a dependable regulatory system. Critically, an emerging market economy is transitioning from a low income, less developed, often pre-industrial economy towards a modern, industrial economy with a higher standard of living. The Division seeks policy and technical analysis that arises from emerging markets and their continuous need to support and foster rapid growth, implement constant innovation, and spur competitiveness. EDD researchers focus on all emerging countries including BRICS (Brazil, Russia, India, China and South Africa) members. The Division also focuses in the areas of information systems, electronic government, and digital and social media matters in relation to emerging markets. EDD researchers will provide recommendation to contemporary issues faced by emerging economies, by better understanding the interaction and potential for growth arising from systemic innovation, competitiveness, and planned growth, across emerging markets.