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what do current growth and characteristics of emerging markets show in terms of their future potential?...

what do current growth and characteristics of emerging markets show in terms of their future potential? specifically about the country of Turkey.

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Answer #1

Turkey is an emerging economy and its current growth and characteristics of emerging markets show in terms of their future potential as follows:

  • Increase in gross domestic product will lead to high economic growth
  • Will increase standard of living.
  • Increase in human capital in the form of highly skilled labour
  •   Increase in foreign trade and integration with global markets
  • Will establish free trade zone with the countries in the region
  • Expansion of private sector
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