Emerging
in sentence
4230 examples of Emerging in a sentence
The idea of reforming the system by introducing a supranational reserve currency is also, it appears, supported by Russia and other
emerging
markets.
China, Asia, and the world would get a new resource and food-supply base, easing
emerging
shortages.
Leading the Middle East Into the FutureSAN FRANCISCO – New technologies are
emerging
so rapidly that societies in the Middle East are now having trouble coping with their impact.
In Praise of FragmentationLONDON –
Emerging
markets are back in the spotlight.
For these and other
emerging
countries, 2014 may prove to be a turbulent year.
The effectiveness of such measures can be undermined if global banks operate in
emerging
countries in branch form, providing domestic credit financed by global funding pools.
Such requirements would not prevent useful capital flows: global banking groups could invest equity in
emerging
markets and fund their subsidiaries’ balance sheets with long-term debt.
Yet
emerging
economies, once considered much more vulnerable, have been remarkably resilient.
High growth and financial stability in
emerging
economies are helping to facilitate the massive adjustment facing industrial countries.
One depends on
emerging
economies’ ability to manage their own success; the other relates to the extent to which the global economy can accommodate this success.
While still able to exploit the scope for catch-up growth,
emerging
economies must undertake continuous, rapid, and at times difficult structural change, along with a parallel process of reform and institution building.
With government policy remaining on course, we should expect a gradual strengthening of endogenous domestic growth drivers in
emerging
economies, anchored by an expanding middle class.
Combined with higher trade among them, the future of
emerging
economies is one of reduced dependence on industrial-country demand, though not a complete decoupling.
Emerging
economies still need to manage better their growing domestic tensions, which reflect rising income inequality and uneven access to basic services.
This is better understood today, with distributional aspects of growth strategy being firmly placed on
emerging
countries’ policy agendas.
While
emerging
economies can deal with the economic slowdown in industrial countries, the financial-sector transmission mechanism is more challenging.
Today’s low interest-rate environment is causing a flood of financial flows to
emerging
economies, raising the risk of inflation and asset bubbles.
Fortunately, several
emerging
economies continue to have cushions and shock absorbers.
Overall,
emerging
economies are well placed to continue to navigate successfully a world rendered unstable by crises in industrial countries.
A favorable outcome also requires industrial countries’ ability and willingness to accommodate the growing size and prominence of
emerging
economies.
The flow of knowledge, finance, and technology that underpins sustained high growth rates in
emerging
economies is closely linked to an open, rule-based, and globalized economy.
Such a world requires better global governance, as well as overdue institutional reforms that give
emerging
economies proper voice and representation in international institutions.
Emerging
economies will be called on to play an even larger role in a multi-speed global economy characterized by protracted rehabilitation of over-extended balance sheets in industrial countries.
Emerging
economies’ ability to provide the growth lubrication that facilitates adjustment in industrial countries is also a function of the latter countries’ willingness to accommodate tectonic shifts in the operation and governance of the global economy.
Catching Up at Different SpeedsPARIS – With weak demand in advanced countries now impeding growth in
emerging
economies, including major players in Asia and Latin America, many are arguing that the era of income convergence has come to an end.
As I have argued before, convergence of
emerging
countries’ real average incomes, in the aggregate, with advanced countries’ incomes is likely to continue into the 2020’s.
In that sense, it is not “the end of the party” for
emerging
markets, as some claimed early last summer, when US Federal Reserve Chairman Ben Bernanke’s suggestion of a possible “taper” of the Fed’s policy of quantitative easing triggered a “mini-crisis” in several of the more vulnerable
emerging
markets.
The
emerging
markets developed the institutions and the skills base needed to import and adapt technology, which is easier than generating new technology from scratch.
These factors apply to
emerging
countries generally.
Emerging
Asia, excluding China but including India, has invested about 28% of GDP over the same period, while the investment share for Latin America has been just 21%.
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