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The Emerging Markets Handbook: An analysis of the investment potential in 18 key emerging market economies by Pran Tiku

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Chapter 3: Ten Drivers of Growth in Emerging Markets

There is a healthy debate about what may truly constitute the drivers of growth in any country. For our purposes, the ten drivers outlined in this chapter are used as the framework of the analysis of the short and long-term opportunities and threats in emerging markets. In Part 2 the data for each country is analysed to inform our understanding of that country’s position in each of the ten key areas.

The ten drivers are:

  1. Demographics
  2. Economic
  3. Financial
  4. Trade
  5. Political stability and governance
  6. Business conditions
  7. Technology, innovation and infrastructure development
  8. Human development
  9. Environment
  10. Capital markets

1. Demographics

In the simplest terms, demographics ...

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