Merging Market Economies and Their Role in the Global Economic Landscape

The paper defines the connotation and characteristics,country ranges of the emerging market economies on the basis of combing its context and the existing literature,and it analyzes the status of the emerging market economies in the current global development. Research shows that the emerging market economies has quickly become a force to be reckoned with in today's world stage,and its overall strength in the global economic landscape plays an increasingly important role. Meanwhile,due to the initial stage,the development time and the other factors,the effect of the emerging market economies in the global governance system is still weaker than in developed countries,thus it still requires the majority of emerging market economies to work together to forge ahead to build a new global economic and political order of the bright prospects.