Key Charts - Size and Structure
Passing the Ball: From Developed Market Economies to Emerging Market Economies
- The rise of China, India, and Brazil has contributed to the gradual shift in power from Developed Market Economies (DMEs) to Emerging Market Economies (EMEs). As a developed economy, Japan has taken a major hit in all categories, which has shifted Asia’s economic dynamics and is significantly changing its investment landscape.
- EMEs have better resources and much stronger balance sheets, along with vast, young workforces. These factors along with others that the bolster EME growth potential promise to transform the global economy going forward.
SMEs share in economy: The 1993 data are from Barth, Nolle, and Rice (1997a); the 2013 data are from Bank for International Settlements, IMF World Economic Outlook, Bloomberg, Milken Institute.
EMEs share in GDP: IMF World Economic Outlook, Milken Institute.