In this assignment, you will discuss the concept of emerging markets in your words. If someone asked you to explain the concept of an emerging market, what would you tell them? Moreover, it is important to know how emerging markets affect the world as well as America financially, politically, and legally.
An emerging market as defined by Kvint (1999) is a country that is transitioning from a dictatorship to a free market. Emerging markets are important to America’s economy because emerging markets are part of a hedge funds for investors (there are more than one hedge fund for emerging markets). This emerging market hedge funds reached $121 billion in the first quarter of 2011; thereby demonstrating the popularity for investors, but also showing what emerging markets are doing domestically and globally.
Explain in your own words what an emerging market is.
- Explain why emerging markets are important in today’s global economic markets.
- Explain the implications of emerging markets on America’s financial future. Do emerging markets affect America’s financial, political, or legal future? How?
Write your initial response in a minimum of 200–300 words. Apply APA standards to the citation of sources.