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emerging economies  

Definition

  • Emerging economies are generally known as the largest, wealthiest, and fastest-growing of the developing countries. Emerging economies are typically economies in transition, moving from a closed to an open economy, undergoing far-reaching economic reforms as they seek to integrate into the world economy. [Source: Encyclopedia of Business in Today's World; Emerging Economies]

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https://concepts.sagepub.com/social-science/concept/emerging_economies

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