As Paul Volcker, a former chairman of the Federal Reserve, likes to point out, the entire banking system of many an emerging country is no bigger than a typical regional bank in the United States (the sort now considered too small for global financial markets, and merging furiously).
And given Thailand's role as an emerging donor country, I'm very pleased that our two nations will be working more closely to promote development in other countries, including fighting malaria along the Thai-Burma border.
This tiny South American country that lies within the golden 30 to 35 parallels along with viticulture giants Argentina and Chile -- as well as South Africa, New Zealand and Australia -- is an emerging wine country that as well as producing exciting new blends is home to a budding wine route comprised of 15 small wineries.
In the past two years America and European countries have made the same mistake in Nigeria, an impoverished and unstable country emerging from years of corrupt despotism.
Dekker says the studios are a huge step for South Africa's movie industry and will help the country to build its reputation as an emerging force in global filmmaking.
Now with an emerging middle class, business concerns take precedence in a country where industry has started to boom.
While this is understandable considering that there is a wide disparity of income per capita between the two nations, as more consumers in China, or for that matter any emerging nation, see an increase in buying power as the country develops, the demand for smartphones will increase exponentially.
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With blackouts expected to hit the country by early next year, there's an emerging need for the free market to provide solutions.
As businesses proliferate and incomes begin to rise, an emerging middle class will develop the civil customs and institutions that make a country less likely to fall into the grip of kleptomaniacal thugs.
The difficult economic conditions, combined with racial tensions, sparked widespread rioting in Britain's inner cities and made her the ripe target for an emerging generation of musicians such as Elvis Costello and Billy Bragg who were associated with the country's punk movement.
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