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2023 | OriginalPaper | Buchkapitel

3. Emerging Markets: Anatomy, Characteristics, and History

verfasst von : Ali Zafar

Erschienen in: Emerging Markets in a World of Chaos

Verlag: Springer Nature Switzerland

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Abstract

China has had a meteoric rise in the last three decades to become the second largest economy in the world, but the growth model is being rethought. India has emerged as a large services sector economy after years of low growth. The Latin American trifecta of Brazil, Argentina, and Mexico built industrial capability in the earlier part of the century, but they are now adversely impacted by institutional and microeconomic challenges. Russia and Saudi Arabia continue to be impacted by the vagaries of the oil market and geopolitics linked to Ukraine and other crises. Türkiye has changed but has faced setbacks. Indonesia has stabilized and is growing. South Africa faces a difficult post-apartheid transition.

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Fußnoten
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Branstetter and Lardy (2006).
 
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Véron and Huang (2022).
 
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Pettis (2022b).
 
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See Li et al. (2015).
 
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Federal Reserve Board (2021).
 
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Autor et al. (2016, 3).
 
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Pettis (2022a).
 
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Hofman and Wu (2009).
 
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Kochhar et al. (2006).
 
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See CPI (Corruption Perceptions Index) (dashboard), Transparency International, London, http://​www.​transparency.​org/​research/​cpi/​overview
 
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Morgan Stanley (2022).
 
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Bhandari (2021).
 
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56
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Schneider (2009).
 
58
Barros (2009).
 
59
Reid (2014, 110).
 
60
Commission on Growth and Development (2008).
 
61
Brainard and Martinez-Diaz (2009).
 
62
Fishlow (2011, 3–4).
 
63
Nassar (2009).
 
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Cavallari et al. (2013).
 
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Schwab (2019); Schwab and Zahidi (2020).
 
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74
Lavinas (2013).
 
75
Ferreira et al. (2010).
 
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Ferreira de Souza (2022).
 
77
Ferreira et al. (2022).
 
78
Ferreira et al. (2010).
 
79
Rubio (2020).
 
80
Hannan et al. (2021).
 
81
IEP (2018).
 
82
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83
Duran (2022).
 
84
Levy (2016).
 
85
Hanson (2012).
 
86
Iacovone et al. (2022).
 
87
Levy Yeyati (2022).
 
88
IMF (2021).
 
89
Guzmán (2021).
 
90
WEF (2022).
 
91
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92
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93
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Novokmet et al. (2018).
 
96
USDA (2018).
 
97
Dynnikova et al. (2021).
 
98
NBC News (2005).
 
99
Stiglitz (2002).
 
100
PBS (2000).
 
101
BCF (2022).
 
102
Djankov (2015).
 
103
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104
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105
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106
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107
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108
WEF (2022).
 
109
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110
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111
Kinninmont (2017).
 
112
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113
Al Arabiya News (2020).
 
114
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115
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116
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118
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119
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120
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121
Demiralp and Kalemli-Özcan (2021).
 
122
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123
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124
The Berkeley Mafia refers to a group of Indonesian economists who had studied at the University of California, Berkeley, and who first obtained positions in the Suharto government during the late 1960s. They promoted free-market capitalism and sought to reverse progressive economic reforms adopted previously by the Sukarno government. The country was characterized by massive corruption during this period.
 
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127
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128
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129
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130
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131
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132
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133
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134
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Metadaten
Titel
Emerging Markets: Anatomy, Characteristics, and History
verfasst von
Ali Zafar
Copyright-Jahr
2023
DOI
https://doi.org/10.1007/978-3-031-29949-0_3

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