The question of what constitutes an emerging market has haunted me for decades. Since 1989, the World Bank has defined an emerging market as a country with a GDP per capita ceiling of $13,000 or less. But gross domestic product is simply a “wealth” statistic. A country with $12,999 in GDP per capita is very different from one with $1,500.
几十年来一直困扰我的一个问题是：要具备哪些要素才能算作新兴市场。自1989年以来，世界银行(WB)对新兴市场的定义是：人均国内生产总值(GDP)在1.3万美元及1.3万美元以下的国家。但是，GDP只统计“财富”。人均GDP为12，999美元的国家和人均GDP为1500美元的国家之间差异巨大。
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