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They are also characterized of having an increase in both local and foreign investment. This shows that the country indicates that it has been able to build confidence in the local economy. Moreover, according to Ream Heakal (2008) foreign investment is a signal that the world has begun to take notice of the emerging market and this capital flow adds volume to the country’s stock market and long-term investment to the infrastructure. They are countries in the process of moving from a closed to an open market economy.
As we can see, developing partners in emerging countries can give a company an attractive growing market to introduce their products and services, and also it is possible to have long-term relationship with those partners...
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