BANGALORE: In recent years, countries that are developing at a fast pace, are playing a significant role in the global economic system. In fact, the global economic growth is driven by emerging markets. Not only global economy is obtaining benefits from these markets, but also investors, who hve been pouring money into these markets, are also getting good return on investments. Let’s have a closer look at these 22 most existing emerging markets in the world, as reported by Business Insider.

India; Ease of doing business rank: 134

India has a projected annual GDP growth of 5.2 percent. Economic reforms have been a helping hand in the rise of the GDP and fall of the poverty rates. The Indian economy is expected to expand via agriculture and exports. After the general elections in India, the investments are likely to improve and hopefully will be on a rise. Raghuram Rajan, governor RBI insists that Indians have to work harder on the Human capital reforms.  

Egypt; Ease of doing business rank: 128

With the projected annual GDP growth of 3.3 percent, Egypt is rising slowly from all the debris of political instability and other factors. Egypt’s economy depends mainly on agriculture, media, petroleum imports, natural gas, tourism, and textile. Its textile industry is growing annually at the rate of 6.5 percent. As it employs more than half a million people of Egypt, it plays a pivotal role in foreign exchanges. The textile industry also accounts of 25 percent of total Egyptian exports.

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