In the last decade, we have seen that emerging countries have been contributing to the world economy similarly to developed countries. This may show that the gap of income and wealth between emerging and developed countries has been narrowed. The important role of emerging countries is also shown by about half of G-20 members coming from emerging countries participating in developing the world economic policy. Furthermore, emerging countries such as Brazil, China, India, and South Africa have been supporting the world economy growth in the recent years. Along with these, the relatively high population growth and fast growth of the middle class income group have attracted significant capital inflow to emerging countries.
Considering the above facts, it is clear why emerging countries have become very attractive and potential markets for investors to start and establish their business there. However, penetrating emerging countries is not without risk. There have been uncertainties in these countries and globally which could affect the prospect of their business. For example, the World Bank report in 2015 shows that the growth of emerging countries has declined by about 1.8% on average from 2010 to 2013. This is caused by the slow growth of countries such as Brazil, China, India, and South Africa by about 3%. To make this worse, emerging countries such as South African countries have recorded the highest inflation rate in 2013 of about 7.6%. Furthermore, the declining of oil and commodity prices, the uncertainty of currency fluctuation, the contagion effects of regional/global crises, the capital market volatility, corruption, and the unstable legal and political conditions made investing in emerging countries is challenging.
The issue will carry revised and substantially extended versions of selected papers presented at the International Conference on Management in Emerging Markets and International Conference on Innovation in Business and Strategy (ICMEM – ICIBS 2017), but we also strongly encourage researchers unable to participate in the conference to submit articles for this call.
Suitable topics include, but are not limited to, the following:
- Accounting
- Agriculture supply chain
- Corporate entrepreneurship strategy
- Creative industries dynamics and challenge
- Creativity and innovation
- Digital transformation in emerging market
- Disaster operations management
- Economic and farmer rural development
- Financial literacy and inclusion
- Halal supply chain
- Hospital operations management
- Inclusive ecosystem business
- Internationalisation from and to emerging markets
- Investment and financial risk management
- Islamic banking and finance
- Management of innovation
- Managing behaviour for business innovation
- Marketing theory and practices for emerging market
- Modelling and simulation for business decision
- New product development
- Public policies and regulations in creative industries and clusters
- Redefining company strategy for emerging market in digital era
- Retail
- Role of cooperative ecosystem for inclusive growth
- Service ecosystem on business innovation
- SME's entrepreneurship as an innovation driver
- Social interaction
- Strategic operation management
- The e-marketing role in emerging market and entrepreneurship
- The role of emerging markets in international business ecosystem
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