Emerging markets arrivals reflect difficulties in assigning economic status | The National

Emerging markets arrivals reflect difficulties in assigning economic status | The National:

"Emerging markets were one of the big surprises of the 2008 credit crisis with how well they withstood the chaos that swept the financial markets.

While their developed counterparts buckled, emerging markets soared to stellar heights before starting a downward dip once more this year.

So where does the emerging market success story start – and is the party now over?

The term “emerging markets” was meant to capture countries that fell into the gap between an underdeveloped and fully developed nation. As the dynamics of world finance shift and developed nations lose their spotless credit ratings, it is easy to see the label has some shortcomings."

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