Emerging Market

By Dr. GustaveA. Lele

An emerging market is a country that has some characteristics as a developing market but does not meet the standard of the developing market, such as the United States. The emerging market economy is a nations economy that is progressing toward becoming advanced as shown by some liquidity in local debt and equity and the existence of some form of market exchange and regulatory body. Emerging markets are not as advanced as developed countries, but they maintain economies and infrastructure that are more advanced than frontier market countries.

• Language: English
• Publisher: Xlibris US
• Release date: May 16, 2017
• ISBN: 9781543419740

Dr. GustaveA. Lele

DR. GUSTAVE A. LELE is a Professor of International Law and Comparative law at: Golden Gate University School of Law San Francisco, California United States of America Institute of International Relations (IRIC) Yaounde, Cameroon Africa He is Managing Director for LELE & ASSOCIATES San Bruno, California E-mail: [e-mail]

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Copyright © 2017 by DR. GUSTAVE A. LELE.

Library of Congress Control Number:   2017906745

ISBN:      Hardcover           978-1-5434-1976-4

                Softcover            978-1-5434-1975-7

                eBook                 978-1-5434-1974-0

All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.

This is a work of fiction. Names, characters, places and incidents either are the product of the author’s imagination or are used fictitiously, and any resemblance to any actual persons, living or dead, events, or locales is entirely coincidental.

Any people depicted in stock imagery provided by Thinkstock are models, and such images are being used for illustrative purposes only.

Certain stock imagery © Thinkstock.

Rev. date: 05/16/2017

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CONTENTS

Acknowledgment

Introduction

Chapter I The Colonial Period

Chapter II Financial System

Chapter III China Market

Chapter IV Stock Market

Chapter V Trade And Investments

Chapter VI Innovations And Liquidities

Conclusion

References

Acknowledgment

"I WISH TO DEDICATE THIS BOOK TO ALL MY INTERNATIONAL STUDENTS WHO I HAVE THE PRIVILEGE AND PLEASURE TO ASSIST IN THEIR SEARCH FOR GREATER KNOWLEDGE."

"I ALSO WOULD LIKE TO THANK MY FATHER, GUSTAVE LELE, WHO GAVE ME THE OPPORTUNITY TO EXCEL IN LIFE."

"FINALLY, I WANT TO THANK PROFESSOR CHRIS OKEKE, DIRECTOR OF THE INTERNATIONAL LEGAL STUDY AT GOLDEN GATE UNIVERSITY SCHOOL OF LAW FOR HIS FRIENDSHIP AND GUIDANCE."

Introduction

The emerging market is the country that has some caracteristics as the developing market, but does not meet the standard of the developing market, such as the United States. The emerging market economy is a nation’s economy that is progressing towards becoming advanced as shown by some liquidity in local debt and equity and the existence of some form of market exchange and regulatory body. Emerging markets are not as advanced as developed countries, but maintain economies and infrastructures that are more advanced than frontier market countries.

Emerging markets generally do not have the level of market efficiency and strict standard in accounting and securities regulation to be on par with advanced economies, such as United States, Europe and Japan. Emerging markets do typically have a physical financial infrastructure, including banks, a stock exchange and a unified country.

In the 1970’s, less developed countries was the common term for markets that were less developed than the developed counties, such as the United States, Europe, and Japan. These markets were supposed to provide greater potential for profit, but also more risk from various factors like patent infringement. The term was thought to be politically incorrect so the emerging market label was created. The term is misleading in that there is no guarantee that a country will move from less developed to more developed. That is a