Significance of Emerging economy
An emerging economy is characterized by rapid growth and development, positioning itself as an attractive option for international investment. These nations often demonstrate significant potential for improving their healthcare systems alongside economic advancements. The term highlights the dynamic nature of these economies, reflecting their ability to evolve and expand in the global market.
Synonyms: Developing economy, Emerging market
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The concept of Emerging economy in scientific sources
Emerging economy indicates a nation undergoing significant growth and development, appealing for international investment while improving its healthcare systems, reflecting its potential to become more influential in the global market.
From: Journal of Ayurveda and Integrative Medicine
(1) A nation experiencing rapid growth and development, often showing potential for attracting international investment and enhancing healthcare systems.[1]