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Emerging countries - What are emerging countries?

4 important questions on Emerging countries - What are emerging countries?

Why is it nowadays very difficult to just divide up the world in very rich and poor developing countries?

Many developing countries have rapid growth. You might even wonder if they should still be called developing countries.

Which two conditions does a country have to fulfil to be called an 'emering country' ?

- The economy is growing relly fst, 5-10% a years. This is because they are benefitting from the globalization of the world economy.

- The GDP is till small- much smaller than you would expect, given the number of inhabitants.

How is emerging countries benefiting of globalization?

There are a lot of foriegn companies that want to invest in emerging countries. They can do this because countries such as China, Russia, Brazil and India have a free market economy now.

How low is the GDP still?

One-third of the world population lives in China and India. But the economy is lagging far behind. Together the two countries earn only 8% of world economy. Chia and India have a long way to go to catch up

The question on the page originate from the summary of the following study material:

India-an emering country

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