Definition of emerging market In terms of investors emerging markets are used to describe developing countries, in which investment would be expected to achieve higher returns but it would be ac-companied by a higher risk. Emerging markets are between developed markets. “Even index providers cannot agree on precisely what constitutes an emerging mar-ket. MSCI, the US company that introduced the benchmark MSCI Emerging Market index in 1988, defines an emerging market in terms of the number of quoted compa-nies of a certain size and “free float” (the proportion of shares available for ordinary investors to buy), plus a market’s openness to foreign ownership and capital. The MSCI index still includes South Korea, a relatively developed market, whereas …show more content…
http://searchenginewatch.com/article/2174005/CIVETS-New-Global-Marketing-Opportunities-in-Emerging-Economies Advantages and disadvantages BRICs Advantages Our membership to BRICS is anchored on three pillars, namely: • To advance our national interests; • To promote regional integration and related infrastructure programmes and • To partner with key players of the South on issues of global governance re-forms. It is for this reason that, amongst others, our country launched the New Growth Path framework in 2012, to help us achieve inclusive growth and create jobs. This is our strategic response the triple challenges we face in our country. In this regard, we identified six jobs drivers to help us achieve the much needed growth leading to jobs. These are: • infrastructure development, • agriculture, • mining and beneficiation, • manufacturing, • the green economy; • And tourism. http://www.g20civil.com/articles/1081/ Political problems between Russia, China and India. China and Russia are the only two belonging to United Nations Security council. This reveals competition.