Essay on Emerging Markets

8203 Words Nov 20th, 2012 33 Pages
I. Introduction
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. The economies of China and India are considered to be the largest. According to the Economist many people find the term outdated, but no new term has yet to gain much traction. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. The seven largest emerging and developing economies by either nominal GDP or GDP (PPP) are China, Brazil, Russia, India, Mexico, Indonesia, and Turkey.
Namaste! "India is the cradle of human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great grandmother of tradition. Our most
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Little wonder then, that it is considered to be India’s golden age. By 600 BC, approximately sixteen dynasties ruled the north Indian plains spanning the modern day Afghanistan to Bangladesh. Some of the most powerful of them were the dynasties ruling the kingdoms of Magadha, Kosla, Kuru and Gandhara.
Known to be the land of epics and legends, two of the world’s greatest epics find their birth in Indian settings - the Ramayana, depicting the exploits of lord Ram, and the Mahabharta detailing the war between Kauravas and Pandavas, both descendants of King Bharat. Ramayana traces lord Ram’s journey from exile to the rescue of his wife Sita from the demonic clutches of Ravana with the help of his simian companions. Singing the virtues of Dharma(duty), the Gita, one of the most priced scriptures in Indian Mythology, is the advice given by Shri Krishna to the grief laden Arjun, who is terrified at the thought of killing his kin, on the battle ground.
Mahatma Gandhi revived these virtues again, breathing new life in them, during India’s freedom struggle against British Colonialism. An ardent believer in communal harmony, he dreamt of a land where all religions would be the threads to form a rich social fabric. National symbols | Flag | Tricolour | Emblem | Sarnath Lion Capital | Anthem | Jana Gana Mana | Song | Vande Mataram | Calendar | Saka | Game | Not declared | Flower | Lotus | Fruit | Mango | Tree | Banyan

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