Emerging Markets in an Anxious Global Economy

Globalization and growth in emerging markets and the New Economy

Not long ago, everyone was talking about the New Economy. Recent events — notably the global economic slowdown and a possible impending war — have crowded out discussions of the New Economy. To be sure, some of the rosy scenarios portrayed at the time — most notably, that the New Economy portended the end of the business cycle — seem curiously dated. Indeed, in terms of the gap between the econ...

Global Electroinic Commerce and Its Impact on the Economy of the New Emerging Markets

This study discusses the potential of electronic commerce (EC) and its impact among the newly emerging economies and the changing landscape of businesses. In assessing the global impact of EC, the study examines the different areas of EC in which Information Technology (IT) can play a vital role with a focus on access and use of infrastructure, global competitiveness and trade, the changing lan...

Money Growth Rules in an Emerging Small Open Economy with an informal sector

This paper is concerned with the saddle-path stability of monetary growth rules in a two-country two-sector dynamic stochastic general equilibrium model. Alongside standard features of emerging economies, such as a combination of producer and local currency pricing for exports, fiscal dominance and oil exports, this model also incorporates informal labour and production sectors and examines how...

Is Tanzania an emerging economy?

Barriers to Enter into Foreign Markets: Evidence from SMEs in an Emerging Economy

Purpose –Foreign market entry is considered as a key strategy to grow and survive over longer period of time for the Small and Medium Enterprises (SMEs). The decision to enter in a foreign market is not a straight forward story. Considering the resource limitation, SMEs need to analyse the key barriers to enter in foreign markets very carefully. The purpose of this paper is to identify these ba...