Abstract
What are “emerging markets”? And why are some more successful than others? As ours is an era in which barriers to international trade and capital flows are falling, and as a consequence more and more nations are “vemerging” as players in the world economy, these are important questions. This essay attempts to answer them as an economic historian might, that is, by studying and comparing several emerging markets of the past. The economic historian’s comparative method may not provide conclusive answers to the two questions, but it can offer suggestions worth pursuing and at least tentative answers.
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Sylla, R. (1999). Emerging Markets in History:the United States,Japan,and Argentina. In: Sato, R., Ramachandran, R.V., Mino, K. (eds) Global Competition and Integration. Research Monographs in Japan-U.S. Business & Economics, vol 4. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5109-6_19
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DOI: https://doi.org/10.1007/978-1-4615-5109-6_19
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