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Which is an emerging market in South Africa?
2.0 South Africa as an Emerging Market According to Haley et al (2006) emerging markets “are those in low and middle- income countries characterized by lower standards of living with access to fewer goods and services than do most people in high income countries”.
Is the Indian economy still a developing country?
India’s economy is growing strong and at an extremely rapid pace. However, it is still a developing country, because of the poverty scattered about the country. 11.8% of all people in India fall below the international poverty line of US$ 1.25 per day. This is as indicated below. As shown on the map, we can see a…show more content…
Which is an example of an emerging power?
India is also a major space power. India’s growth is the perfect example of the powerful synergies created by a healthy democracy, open society and a robust economy.
Last Update: Oct 2021
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