There are significant 2 market types in the world that over the years debates about differences,advantages,disadvantages are held on.Before we look at the differences between emerging markets and developing markets,let’s look up what is emerging market what is developing market? Emerging market concept was originally found by the World Bank economist Antoine van Agtmael by …show more content…
-- while real GDP is a measure of the value of output. So in a way comparing industrial production and real GDP is like comparing apples and oranges. It can be done, but you have to be careful to do it right.For many people living and analyzing developments in the rust belt this moderate difference does not seem to conform to their experiences. Everything they see tells them that the differences are much greater than this. And they are right. If you look within the industrial production numbers you see that the 3% growth trend shown in the first charts stems from two very different trends. One is the growth of high technology products like computers and other office equipment, communication equipment and semiconductors. Over the last quarter century production of these high technology products has averaged about a 21% growth rate while all other industrial output only experienced a 1.1% growth rate. This growth is more consistent with the general feeling that traditional rust belt production has been stagnate and with positive productivity this generated falling rust belt manufacturing