The optimal inflation rate in an emerging economy is often higher than in the developed world because of something called the "Balassa-Samuelson effect".

因为所谓的巴拉萨——萨缪尔森效应新兴国家的最佳通胀率往往要比发达国家的高。

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In an emerging economy with rapid productivity growth the real exchange rate should rise over time, through either higher inflation or a rise in the nominal exchange rate.

在一个生产率迅速增长的新兴经济体国内，其实际汇率也会随着时间的推移而上升，方式则可能要么通过高通货膨胀率，要么就是名义汇率的上升。

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China, as an emerging economy, has maintained an overall fast economic growth rate with an 8.7% GDP increase in 2009. In the first quarter this year, the figure topped 11.9%.

中国作为新兴国家之一，经济总体保持快速增长势头，2009年GDP增长8.7%，今年一季度达11.9%。

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What if you are a gamer in an emerging economy with poor access to the internet?

FORBES: Always-Online, Always Connected Would Be A Terrible Business Decision For Microsoft's Next Generation Xbox

Perhaps surprisingly, the most interesting incentives have been developed in an emerging economy: South Africa.

ECONOMIST: Schumpeter

"For some people it is their first mobile phone in an emerging economy for example, " he said.

CNN: STORY HIGHLIGHTS