Research Note: What Do We Know About the Emerging Markets?

Abstract

What do we know about the emerging markets? Do they follow different trends than any other country in the West? Is what scholars found in the Western cases compatible with the emerging markets? And finally, is it the economy what makes them ‘emerging’? It is no easy task to answer all these questions since there are different approaches point of views, most of which have yet to provide any consensus over multiple issues such as political economy of development, democratization and growth. Yet, optimistically, increasing attention is currently being paid to the emerging markets particularly under the field of international political economy.