Emerging Markets
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An emerging market is a country making an effort to improve its economy with the hopes of raising its economic performance to that of the world's more advanced nations. The World Bank classifies economies with a Gross National Income per capita of $9,266 and above as high-income countries. Emerging markets are not necessarily small or poor. For example, China is considered an emerging market. It has an immense amount of resources and a population of more than a billion people. It has a space program and a huge military. Bangladesh is also an emerging market. It possesses far less resources and has yet to launch a satellite. Still, both countries have gone to great lengths to make their economies strong, more open to international investors, and more competitive in global markets.
Antoine W...