Emerging Countries

Among the developed and underdeveloped countries , there is a group that has managed to reach an intermediary position regarding its economic and industrial growth: semiperipheral or emerging , as the UN refers to them .

Emerging countries are occupying more prominent positions in the world political and economic sphere in recent years, expanding their participation in international geopolitical relations, especially after the economic and financial crisis of 2008 in the United States and in the European Union in 2010/2011 , when developed countries suffered major impacts – falling economic growth and rising unemployment.

Emerging people, on the other hand, grew economically, generated jobs, expanded the population’s income, promoted the growth of the middle class, expanded social and digital inclusion, and attracted significant amounts of international capital – financial and productive.

What are?

The emerging countries are the so-called  semiperipheral countries , have presented relative social, economic, financial and commercial improvements in recent years.

It is important to note that these countries have not yet got rid of the characteristics of underdevelopment and the expectation is that they will not get rid of them briefly. Hence the need to look at this group of countries as nations with better internal and external evaluations than the rest of the underdeveloped countries.

Who are?

BRICS – Brazil, Russia, India, China and South Africa – has been the group that best represented the strength of the emerging countries in recent years . Concerning Russia, there is controversy regarding it as an economy in transition for development.

Mexico, Indonesia, South Korea, Turkey, Nigeria, Chile, Colombia, Asian Tigers and New Asian Tigers are also worth highlighting.

Features

The recent industrialization of these countries with the massive installation of transnational corporations has consolidated them as emerging economies, promoting improvements in infrastructure (energy, transportation, telecommunication) and expansion of the urban population and, consequently, the tertiary sector in the generation of wealth and of job.

The mechanization of the field is another point to emphasize. These countries were included in the New DIT as exporters of manufactured goods, in addition to commodities.

Social development is a major challenge for these countries in improving income and land distribution, in eradicating poverty, in providing satisfactory living conditions for the population in urban areas, for example.

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