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An emerging market can be defined as a nation with business or social activity which it is on the process of industrialization and fast growth. The prime global economic story of the last years is the introduction and rise of emerging markets in the world economy. Emerging countries are mainly the countries which belong to the N-11. More specifically there are the MINT countries too, which belong to the N-11. MINT countries are consisted from Mexico, Indonesia, Nigeria and Turkey and they are currently the most promising emerging countries in the world. Due to precautionary and mercantilist reasons, the emerging markets are accumulating reserves for the past 30 years. This point puts the emerging countries in a position of being the larger reserve holders and simultaneously in a position where they can be saved from a crisis situation, like the one that they are experiencing now. The purpose of this essay is to determine the impact or impacts of the rise of emerging markets to the world economy. As the years passes a new world order is coming, with emerging markets being at the top of the list.

People are invested in emerging markets with the prospect of high returns, as measured by Growth Domestic Product (GDP), due to the fact that those countries are experiencing fast economic growth. However, those investments also involve high risk due to domestic infrastructure problems, limited equity opportunities and political instability. In 2003, Goldman Sachs, an American multinational investment banking company, issued an investment report where BRIC was invented. BRIC represented the states and economies of Brazil, Russia, India and China. According to the Deputy Head of Department of Strategic Management & Marketing in De Montfort U...

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Nevertheless, looking forward, the emerging markets will keep contributing in the global growth and economy, and this statement will not change. Emerging countries will still have fast growth of the workforce, high rates of investment and savings and the capability to enhance any technologies from the developed countries, even if in 2013 emerging countries contributed lesser in the global growth. Additionally, regarding Dadush (2013), the rapid growth of the emerging markets played a major role in the surge of several commodity prices over the past years and thanks to this growth the emerging markets will continue to satisfy the demand for commodities in the following years. In conclusion, emerging markets will keep impacting to the world economy and simultaneously they will keep be on the rise until they join the biggest economies in the world.