developing countries as potential markets

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  While the less-developing markets are those countries, which have a low income average, a poor human development index and an undeveloped index. These markets are also known as "The Third World" countries.

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  Other developing countries which have maintained sustained economic growth over the years and exhibit good economic potential are termed as emerging markets.

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  Although many of the terms used to describe the poor countries in this world are interchanged, the terms developing and emerging seem to carry a better tone with potential investors as opposed to the use of terms such as "third world" and other degrading

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  2.Visit the Market Potential Index for Emerging Markets page at GlobalEdge. Market Potential Indicator (MPI) is an index used to compare emerging markets along various dimensions.

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  Developing countries have seen a positive impact as their economy witnessed a period of high growth.

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  In current scenario, GDP of several developing countries is more than $14 trillion that is as big as US economy (Kuil, 2008).