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How Do We Quantify An Emerging Market?

FYI: As one of Wall Street’s favorite buzzwords, the term “emerging market” gets thrown around quite a bit. Broadly defined, an emerging market is a country whose business and financial infrastructure is somewhere between being underdeveloped (like, say, Kenya) and highly complex (like the United States).
Regards,
Ted
http://www.marketwatch.com/story/how-do-we-quantify-an-emerging-market-2017-10-03-1346335/print
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