Companies are increasingly turning to emerging markets for new growth opportunities as developed markets become saturated. When we hear the term emerging markets, we typically think of the BRIC countries – Brazil, Russia, India and China – but other countries, such as South Korea, Mexico, Indonesia, Turkey, Saudi Arabia and Iran may also qualify. The economies in these countries are growing, but are not yet as large, liquid or accessible as those in more mature markets.

Source : Identifying Bribery Risk in Emerging Markets ‹ Corporate Compliance Insights

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