Emerging markets possess incredible potential to transform the global supply chain management industry, which makes this volume from Manners-Bell, Cullen, and Roberson very timely. Their work is a comprehensive guide to the background, development, benefits, and difficulties of these markets, as well as their future prospects. Coined in 1981 by the World Bank, the term "emerging market" refers to a country making an effort to improve its economy and to reach the same level of sophistication as nations defined as developed. Furthermore, such a market is located in a low- or middle-income economy, as defined by the World Bank. The authors note that such countries regularly own valuable resources and are moving from agrarian to industrial economies.
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