Last Updated: April 28, 2008
Emerging Markets
Farmers work on the terraced rice fields carved out of hills at Longji, China. As the global food crisis continues to intensify, many EMs are also feeling the effects. (photo: Redlink/Corbis)
EMs typically have low to middle per capita income and pursue economic development and reform programs. They then "emerge" as significant players in the global economy.
Overhaul of IMF Quotas: A recent IMF resolution shifts representation of dynamic economies in the IMF, many of which are emerging market countries, and gives poorer countries a greater say in running the IMF.
Country News
Banking in Europe's Transition Economies
April 25, 2008
High intermediation costs among banks in southeastern Europe are hampering economic development in the region. 
Risks Confront Africa's Expanding Economies
April 12, 2008
African oil exporters will again lead the region's economic expansion, but slow growth in advanced economies, along with higher oil and food prices, has raised risks.
Asian Growth Easing, But Still Strong
April 11, 2008
Led by China and India, growth in Asia is forecast to be 6.2 percent in 2008, a decline of 1¼ percentage points as a result of the slowdown in advanced economies.
Vietnam: New Challenges Amid Signs of Overheating
March 7, 2008
Vietnam's economy is growing rapidly, attracting large inflows of foreign investment, but signs that the economy is overheating could threaten sustained growth unless the government takes action.
China as Hub: Intra-regional Trade in Asia
February 6, 2008
Asian exports are booming, with growth built increasingly around rapid growth in intra-regional trade that has China playing a central role.
India: High Capital Inflows Pose Policy Challenge
February 4, 2008
Over the past five years, average growth of 8¾ percent has made India one of the world's fastest-growing economies.
IMF Develops New Risk Measures Tools for Public Debt
IMF Helps Develop Local Bond Markets
January 2, 2008
The IMF and the World Bank are stepping up their efforts to help emerging market countries develop local bond markets and thereby reduce their reliance on bank loans and broaden their investment opportunities.
Policy Overview
Factsheet: How the IMF Promotes Global Economic Stability
Factsheet: How the IMF Resolves Economic Crises
Key Issue: Economic Analysis and Policy Advice
Decoupling
New Engines of Global Growth
April 10, 2008
EMs accounted for over two-thirds of global growth in 2007.
Foreword, Euromoney Emerging Markets Handbook
Can Emerging Economies Decouple?
April 2, 2008
Presentation by M. Ayhan Kose, IMF Research Department
Emerging Markets: Growing Stronger
April 1, 2008
"East Asian nations are successfully shifting exports away from the U.S." The Financial Times
The IMF on Decoupling
March 21, 2008
"Emerging market and developing countries are not de-coupled from industrial countries." Takatoshi Kato, IMF Deputy Managing Director
The IMF's Work in EMs
Video on IMF's Economic Consultation with Nigeria
February 15, 2008
Length: 6:34 minutes
Helping Brazil Avoid Crisis
November 21, 2007
In mid-2002, Brazil was on the brink of a crisis. An IMF loan—its largest ever—helped calm financial markets.
More on the IMF's work in EMs
Video: Why Islamic Finance Is Thriving
September 18, 2007
IMF Survey magazine interviews IMF Executive Board Dean, Abbas Mirakhor
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Spotlight
Latin America: Still Resilient, But Risks Ahead
April 11, 2008
Deteriorating global economic conditions will present the first major test of the improved macroeconomic policy frameworks that most Latin American and Caribbean countries adopted during the past decade.
Can Latin America Dodge Subprime Shock?
February 5, 2008
Is Latin America now less vulnerable to outside shocks than it was a decade or more ago or is the region still tied to the coattails of the United States?
More on U.S. Subprime Market
Publications
GFSR Market Update
January 29, 2008
The most recent GFSR Update discusses how emerging markets have been affected by the continuing market turmoil.
World Economic Outlook
Research
How do EMs attract FDI?
March 24, 2008
A recent study suggests that financial reform is not only more important than financial development but also that financial reform is much more important than other structural reforms vis-à-vis FDI.
FDI and Structural Reforms: Evidence from Eastern Europe and Latin America
February 26, 2008
Focusing on the role of structural reforms, research by IMF staff attempts to identify the factors that attract FDI. The data set includes 19 Latin American countries and 25 transition economies.
Emerging Market Spread Compression: Is it Real or is it Liquidity?
More publications on emerging markets