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The fundamental characteristics of emerging markets


Dashkin R.M., Dashkin E.M., Khasanov T.I.
(about the authors)

Dashkin Renat Muzafyarovich – (Kazan Federal University, Institute of Management, Economics and Finance)

Dashkin Eldar Muzafyarovich – (Saratov Socio-Economic Institute of Plekhanov Russian University of Economics)

Khasanov Timur Ildarovich – (Kazan Federal University, Institute of Management, Economics and Finance)

Published in:
Journal of International Economic Affairs
– Volume 9, Number 1 (January-March 2019)

JEL classification: E44, F21, F30, G15, G32

Keywords: emerging markets, financial development, investment climate, investment risks, macroeconomics


Citation:
Dashkin R.M., Dashkin E.M., Khasanov T.I. (2019). The fundamental characteristics of emerging markets. Journal of International Economic Affairs, 9(1), 135-156. doi: 10.18334/eo.9.1.40474


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Abstract:

The study attempts to generalize the most characteristic economic features for a group of emerging markets. The issue of classification of countries by international institutions and analytical and rating agencies is considered. On the basis of extensive statistical data the characteristics of the main groups of economic indicators of emerging markets – investment, macroeconomic and financial, are given. Much of the work is devoted to the comparative characteristics of the level of development of the financial system of developing and developed countries. In conclusion, the author's definition of the emerging economy is given. The study may be of interest both to the scientific community as part of the study of issues related to emerging markets and their condition, as well as to representatives of the investment community, considering potential investments of assets in the jurisdictions of developing countries.








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