ABSTRACT
The Global Emerging Market (GEM) is a new economic, strategic, and political phenomenon of the world economy and the global marketplace (GMP), encompassing emerging market countries and their regional blocs. Mature Emerging Market Countries (EMCs) develop strategies of integration within the GMP as a means to resolve domestic challenges, while less mature countries or those with specific political agendas look for internal solutions to domestic challenges and still embrace some forms of isolationism. The outflow of labor resources from the GEM to developed countries can accelerate income inequality in EMCs. The relatively different economic, political, and geographic conditions of EMCs have important implications for the processes of strategizing their development and the speed and progress of reaching their objectives. The GEM is developing at a much faster rate than the world economy as a whole and faster than developed countries.
