((editorial))..Emerging Markets .. Invincible power..Author: d. Appearance of Mohammed Saleh

((editorial))..Emerging Markets .. Invincible power..Author: d. Appearance of Mohammed Saleh

11/06/2013 12:00 AM


The world has reached to historical Hzth and turn its economic dawn emerging economies and markets actors about the current relative economic recession for developed nations. After more than 150 years, and until a few years ago, the world has lived on the impact of belief and misguidance of historical product of the industrial revolution, that the developed world will remain ahead in an economy emerging markets! But the new millennium has shown transmission of more than 50 developing countries to set a new economic, become more advanced and the greatest growth called today a group of emerging market countries (begins in Brazil, Russia, India and China and ending in South Korea, South Africa and Vietnam, etc.).
tried some Mufkrien Western interpretation of progress Those countries with emerging markets as a mere transformation of economic systems highly centralized to market economies free, while you see school modern development that there are standards can rely on them when rating these economies being with emerging markets compared to EU countries advanced industrial and according to the following:
First, , that the average per capita income in emerging markets and by purchasing power parity (PPP) standard is between 10 percent to 75 percent of the average per capita income in the countries of the European Union. Second, the rate of economic growth which has taken a path rapidly during the last decade, and in a manner to make the income gap between these countries and industrialized countries in the narrowest possible. And the third, that the stick shifts institutional and economic openness to the world was the same force and continuously contributed to their integration in economic globalization and deeply, even emerging economies have become productive force within the global market system based Open. In this buy emerging markets now (half) Global exports of goods and services, as well as (half) the world crudes exported quantities totaling about 56 million barrels of oil per day (representing 62 percent of global oil consumption). It also contributes to the emerging-market countries about 45 percent of the composition of the global GDP and according to the principle of purchasing power parity, it is estimated that output is currently estimated at 73 trillion dollars. While it's accumulation alone, nearly 75 percent of total official reserves of foreign currency and that approaching $ 8 trillion in the present time. It is the accumulated reserves of foreign currency as the main bumper to stabilize their economies. As well as those of emerging countries dominate in terms of demographic or population to 80 percent of the total population of the world and by increasing monthly in a population of 6 million, compared to industrialized countries developed which not more than more than 300 thousand people a month as well.
Based on the above , has exceeded the emerging economies in economic performance group of advanced industrial countries in the field of economic growth. In the last 15 years, we find that emerging market countries have surpassed the industrialized countries in the margin of growth rates between 1 to 3, and in some of them be in a very broad margin, such as China, for example. The margin is expected to be continued growth for the benefit of emerging markets throughout the current decade. It also revealed the international financial crisis, the current strength of emerging economies and the cohesion and stability of the principles of economic action, which compared to what is the case in the industrialized economies, particularly in the field of foreign reserves and the amount of external debt and internal and put the current account of the balance of payments and balance the budget and stability compared to the United States, Europe and Japan.
conclusion: influenced the current international financial crisis in the international economic balance of power. At a time in which precipitated the crisis to maximize the economic power towards emerging markets, this optimization and acceleration will be at the expense of the continuing financial crisis, which entered the tunnel was long overdue!!

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