What are emerging markets?
22/10/2017 12:00 am [rtl] Simon Cox Translated by Khaled Kassem What makes a market emerging? In general the economy is very rich and not too poor and not too closed to foreign capital. In 1981, when he worked for the World Bank's International Finance Corporation, he coined the term "Anton van Ogtmeil" in the hope of forming what he called a series of promising stock markets, leaving uncertainty and thus attracting the investment necessary for prosperity. It was difficult to compare the performance of bourses in countries such as Brazil, India and South Korea, and the Finance Corporation compiled data on 10 similar markets because it felt that foreign investors might be heading to isolated markets, but they would be reluctant to work because of the risk of investing in one company or the problems of diversification across several companies And places. The Foundation concluded that the answer is to provide a third-world equity fund with a broad representation and one window. When Agtemel introduced the idea to a group of fund managers at an event hosted by the Salomon Brothers Bank, some were skeptical and others were attracted to the proposal. Someone loved the idea but hated the name, so Agtem spent the weekend dreaming of the term "emerging markets" to evoke progress, advancement and mobility, and the name was a success Capital Group created the first such fund in 1986, bringing together only four countries.But many complain that this group has become a container without distinction, bringing together quite different countries in the development stages like Taiwan and Pakistan. But the group was not homogenous at all. The 10 countries in the original MSCI index included the Philippines and Portugal, which were seven times richer (at market rate) than their predecessor. The Emerging Markets Group is currently more prosperous and more inclined towards Asia. The World Bank classifies nine of the 24 countries in the above-mentioned index as high-income countries (Taiwan, South Korea, Qatar, the United Arab Emirates and several EU countries). Asia accounts for 70 percent of the group's gross domestic product and has a similar weight in the stock index . Some countries are more important to investors than their economic weight is, and thanks to equity markets and deep and open debt. The best example of this is South Africa. The total value of shares on its stock is more than three times its gross domestic product. The largest registered company is "Naspers" because it owns a 33 percent stake in the Chinese Internet giant "Tencent". In addition to progress and mobility, emerging markets were characterized by crises, defaults and economic crises. Many have been plagued by wasteful governments, overburdened companies, unmatched budgets, volatile foreign capital, or unstable raw material prices. These setbacks have their long-term prospects for those countries and prevent them from rising to mature markets . Poor countries become "emerging markets" because they grow rapidly and remain emerging because they have failed to grow steadily. Economist Magazine[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
» The new Deputy Governor of the Central Bank begins his duties
» Sarwa Abdel Wahed: The federal government sent 400 billion to the region, but the amount "disappeare
» KTFA Wed. Night CC "They Added More to the Whale Song" 3-22-2023
» Al-Sudani directs the allocation of funds for farmers within the agricultural plan
» Al-Sudani invites Turkish businessmen to settle their industrial and commercial activities in Al-Faw
» Al-Rafidain announces the establishment of a mechanism regarding the clearance of the employee who i
» Parliamentary Oil: The price of oil in the budget is high and puts the government in an awkward posi
» Advisor to the Prime Minister explains the reason for the high prices of commodities and foodstuffs
» Parliamentary Health reveals four laws expected to be passed to develop the sector
» Miserable performance and public frustration.. Al-Halbousi wasted the most embarrassing period in Ir
» A new plan to increase domestic production and export the surplus outside Iraq
» A deputy calls on Parliament to cancel all "Baathist" laws
» They are honest: do not compromise and compromise on the American presence in the country
» Parliamentary Finance: Efforts to include allocations for the general population census in the 2023
» Parliamentarian: The tripartite budget has not yet reached the parliament committees
» A parliamentary agreement to prevent foreign companies from supervising voter vote servers
» Parliamentary Finance sets the official date for the start of the marathon budget talks
» Al-Toki clarifies the essence of the dispute over the electoral law
» The continued rise in the exchange rate of the dollar...concern in the markets and exhaustion of the
» An economist explains the importance of the railway link between Faw and Ankara
» Central bank sales exceed $ 261 million
» The Ministry of Oil begins experimenting with electronic payment at fuel filling stations
» Agriculture launches the electronic card project
» Planning continues the implementation of the large Diwaniyah sewage project, and the completion rate
» The land fleet transports (34,554) tons of local wheat for the Ministry of Commerce
» Integrity seizes a network of 25 employees accused of wasting 23.3 billion Iraqi dinars
» Transportation proceeds to cover one of the important streets in the ports of Umm Qasr
» Activists launch a sit-in campaign in front of the House of Representatives, in rejection of St. Leg
» Al-Sadr prevents his aids from traveling outside Iraq!
» The House of Representatives reveals procedures to solve the problem of canceled contracts
» State of law reveals developments in the election law
» Deputy: Al-Sudani is determined to expel the PKK from Nineveh
» Al-Sudani's advisor: The cash leakage generated an illegal market that deals with usury and interest
» Al-Mandalawi: Iraq is keen on the strength of its regional and international relations
» Parliamentary Committee: Investment commissions are "tolerant" with investors
» Integrity recovers two trillion dinars over the past year
» Parliamentary Education: The salaries of the lecturers are insured
» Oriented to reduce energy waste and stress collection
» 5 regions in Baghdad within the service effort
» Al-Halbousi discusses the upcoming elections
» The President of the Republic: Iraq is implementing a strict water management plan
» Al-Sudani and Erdogan launch a global strategic project
» Iraq as Vice-Chairman of the Executive Council of the Organization for the Prohibition of Chemical W
» Electricity adopts Chinese smart meters
» Nabil Jassim: The need to formulate a new discourse to regulate public broadcasting
» Al-Sudani: Iraqi-Turkish committees to secure fair water shares
» Parliamentary efforts to legislate the industrial investment law
» The Relief and Development Association launches the e-Donate platform
» Baghdad - Ankara
» Al-Muthanna Governorate tops the list of poverty in Iraq
» Education: Hundreds of schools await completion
» Calls for the development of new provinces in the country
» 77 bill stalled on the House table
» A qualitative leap for civil defense in 2023
» The central bank raises its sales to 213 million dollars
» Kufa Cement achieves a qualitative leap in production
» Claims to put a fixed item in the budget to face disasters and crises
» Justice comments on the amnesty law and clarifies its powers
» Decrease in oil prices.. Brent records 75.89 dollars per barrel
» Basra Gas reveals its future plans: We will stop 91% of the burning gas
» Central bank sales increased to more than 261 million dollars
» Former Iraqi Minister of Education: The 3-year budget is a smart move
» How Iraq's tripartite budget plan paves the way for a more stable economic and political future
» Iraq announces coordination with the countries of the region to confront climate change
» Al-Sadr directs eight prominent leaders not to travel within thirty days, and indicates that “import
» Justice comments on the amnesty law and clarifies its powers
» Iraq condemns the statements of the Israeli Minister of Finance regarding the Palestinian people
» The decline in the exchange rates of the dollar with the closure of the Baghdad Stock Exchange
» Adviser to the Ministry of Immigration participates in the closing conference on the Local Peace Agr
» A parliamentary split over the “age of the budget,” and a party objects to making it for three years
» Government measures related to the month of Ramadan, including reducing working hours
» The Independents are waving escalation against St. Lego's pass
» Chief of Integrity: Investigations of the theft of the century are ongoing and we are keen on their
» Government advisor: tangible improvement in the economy.. and directed to support investment
» The factions back down from "expelling the Turkish forces" in exchange for one month of water releas
» Parliamentary Education: The salaries of the lecturers are insured
» Tajikistan expresses its desire to open an embassy in Baghdad
» Deputy: Parliament has about 77 law proposals and is on the verge of enacting them
» Deputy: Passing the budget in Parliament requires consensus among all political parties
» On charges of corruption... a parliamentarian sets an "important" condition for holding Al-Kazemi an
» The President of the Republic: 40% of Iraq's lands are threatened by desertification due to the poli
» American newspaper: Kurdish parties are the biggest beneficiaries of the US invasion of Iraq
» What is the relationship of the "dry canal" with Turkey to the silk project?.. Al-Fatlawi answers
» The decree details the paragraphs of the budget...imaginary numbers in revenues and deficits
» Iraq accedes to Convention 102 on minimum standards for social security
» Parliamentary confirmations to make amendments to the budget related to the canceled contracts
» Al-Sudani: Iraq is serious today in expanding and developing aspects of cooperation with Turkey
» Iraq stresses the importance of activating the terms and paragraphs of the strategic partnership agr
» The Minister of Finance is discussing with a representative delegation the mechanisms of joint coord
» Chihoud: Al-Sudani's regional tours will put Iraq on the right track in improving and investing in i
» Economist: The Sudanese have moved away from the politics of arming with Turkey
» Oil: We aim to increase refining capacity through the implementation of a number of investment refin
» Al-Sudani reveals the details of his meeting with Turkish investors: This is about money transfers
» Iraq launches an appeal to the United Nations: We are facing the worst water crisis in our modern hi
» Electricity: The rise in Iranian gas releases to 25 million will contribute to the stability of proc
» The industry talks about a quantum leap in local cement production
» Iraq's ports are waiting for the largest floating book fair
» The Minister of Labor announces Iraq's accession to an agreement related to the social security stan