Ravinder Kaur: From ‘Third World’ to ‘Emerging Market’
by To talk about development is to talk about change. And along the notion of change comes the idea of ‘the new’. The notion of development goals for the future world has been around for quite some time. In this article we look at the contemporary notion of change and ‘the new’ in the region generally referred to as the ‘developing world’. This article specifically focuses on the rise of India as a ‘brand new nation, and how we went from talking about ‘developing countries’ or ‘Third World’ countries to ‘Emerging Markets’.
