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===Meaning===
An '''emerging market''' is a [[country]] which is in the process of becoming a [[MEDC]].
''NB: Because exam boards are ridiculous, they can't agree on a single phrase for this concept. As a result AQA terms it an [[NEE|NEE (Newly Emerging Economy)]], Edexcel refers to it as a [[Emerging Country]] and OCR refers to it as an [[EDC|EDC (Emerging and Developing Country)]]. Note that '''Emerging Market''' is the commonly used expression outside of GCSE's so coming up with these other words only serves to confuse students looking for more information on the subject.''