FT series - Archived

Redrawing the atlas

It is one of the most powerful definitions in the world and accounts for investment of more than $10bn. But with developing markets overtaking developed ones in some areas the term has become obsolete, say critics

Redefining EM: Choosing the best matrix

World experts offer six new classifications — have your say

Q&A

Emerging markets: Clockwise from top left, Brazil, Turkey, China and Indonesia ©Bloomberg
It groups economies as diverse as China and the Czech Republic but what does it really mean?

Book review: Cracking The Emerging Markets Enigma

Peter Vanham on what should replace the EM term

Governance is key to new classification

The term ‘emerging markets’ should be replaced by six categories based on governance regimes

New EM acronym focuses on country risk

More comprehensive definition focuses on country risk

Cities, not countries, are EM drivers

Some 440 cities in emerging markets set to drive about half of global GDP growth until 2020

A new emerging market matrix

Grouping countries by shared characteristics defines stages of development and risk

Redefining EM: is Latam submerging?

Policymaking and a focus on the long term have separated winners from losers; but size also matters

Emerging markets: Redrawing the world map

The term has become obsolete, say critics, as developing markets overtake developed ones in some areas

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