Monday
February 25
2019

These 10 emerging markets will dominate the global economy in the next decade

By Callum Burroughs

Rankings of the biggest growth stars in emerging markets sees India take top spot in the next decade, according to Oxford Economics.

Figures compiled by the research firm indicate that Asian economies will be the most successful emerging markets by 2028 with only one South American country and no African countries in the top 10.

Oxford Economics cites the need for emerging markets to undergo rapid capital accumulation through domestic financing to succeed alongside strong GDP and robust total factor productivity (TFP) growth.

Photo courtesy of Ly Chen.

Source: Business Insider (link opens in a new window)

Categories
Uncategorized
Tags
economic development, emerging economies, emerging markets