Definition
Emerging markets
Emerging markets are fast-growing economies that are becoming more industrialized and starting to show traits of developed countries.
An emerging market (sometimes also called a developing economy) is a country with a fast-growing economy. It has may have some of the characteristics of a developed country, such as high gross domestic product (GDP) or widespread industrialization.
Major emerging markets include Brazil, Russia, India and China (together known as the BRIC nations). These countries are opening up their markets and becoming more important on the global stage.