This document discusses the growing economic power of developing countries. It outlines characteristics of emerging economies such as high population growth, unemployment, and dependence on primary commodity exports. Challenges include market volatility, political instability, and corruption. Sources of economic power include natural resources, trade relationships, and large populations driving demand. Benefits of increased economic power include more jobs, exports, technology upgrades, and foreign investment. The conclusion states that human resources and government policies, rather than just capital, are driving faster growth in developing nations.
Salient Features of India constitution especially power and functions
Growing Economic Power of Developing Countries
1. Growing Economic Power of
Developing Countries
Under the guidance of:-
Miss Ramya S. K.
Faculty member, PG studies in commerce
G.F.G.C.W. Holenarasipura
Presented By,
Apoorva G
2nd M.Com
2. Introduction
Emerging countries are the nations that are striving to become advanced
countries and are generally on a more economically disciplined , Trade to
become more sophisticated including increased fiscal transparency, focus on
production ,developing regulatory bodies and exchange acceptance of
outside involvement.
3. Characteristics of the economic of
emerging and developing countries:-
Growth and investment proposal
Low per capital income
High population growth rate
High rates of Unemployment
Dependence on Exports of primary commodities
4. Challenges in emerging economies
Market volatility
Weak market capacity
Political instability
Low corporate governance and transparency
Corruption and poor legal laws
High cost of doing business
Tax ,fees, Commissions and other expenses
Commodity and currency swings
5. Sources of Economic power
Abundance of natural resources
Comparative advantage over the world economies
Cordial relationship with neighbours
Huge and diverse population :gains power
As there is a constant need for more and repaid economic
activities in the form of production, marketing , agriculture
,infrastructural developments, and a basic feature of tan emerging
economy can always gain economic power in the world.
6. Benefits of economic power
More job opportunities
Increased Exports and International Trade.
Upgradation of Technology
Rapid growth and development of the economy
Continuous increase in GDP
Increased share of global markets
Attracts more FDI
Increased investments in other countries
7. Conclusion
One of the prime reasons for developing nations growing
faster is not the capital or MNS investment but it is the
Human resource talent , ability to work hard .
Government liberalization policies and last but not the
least the Zeal of people to contribute . Perform there by
deriving Job satisfaction and in turn improving the
standard of their life style.
8. BIBLIOGRAPHY
Growing economic power of developing countries
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