＂Emerging Economies＂ in the Transformations of the World

The world today is undergoing great transformations and readjustments, which is characterized by the coming into being of ＂emerging economies＂ in recent five years, such as the BRICS （namely Brazil, Russia India and China） followed by the VISTA （namely Vietnam, Indonesia, South Africa, Turkey and Argentina）. Although these terms created by the Americans and the Japanese are not accurate by ignoring important developing countries such as Korea, Thailand and Mexico, they demonstrate the extensive attention of the world on the ＂emerging economies＂.

＂Emerging Economies＂ in the Transformations of the World