
Strategy in emerging economies
Strategy in emerging economies involves planning and actions that help these countries grow economically, improve living standards, and compete globally. It includes developing industries, attracting investments, creating jobs, and improving infrastructure. These strategies address unique challenges like limited resources, political changes, and external pressures, while leveraging opportunities such as youthful populations and new markets. Effective strategies align government policies, private sector efforts, and community initiatives to foster sustainable development and reduce poverty. Ultimately, it’s about making thoughtful choices today that ensure long-term progress and resilience in dynamic economic environments.