China Research

FINANCE INDIA © Indian Institute of Finance Vol. XL No. 1, March 2026 Pages—59—66

By HUBERT FROMLET, Linnaeus University / Sweden

Abstract

The world is changing and has always been. The same can be said about emerging markets and the analysis of their market reforms which were particularly visible in many former planned European economies. At the same time, herd behaviour is not easy to foresee under global conditions where psychology will play an increasingly important role also for the economic development.

2014 onwards, the analysis of emerging markets got a new dimension. Covid 19 meant a new puzzling analytical conundrum during a few years. Now, it seems to be a safe forecast that politics will remain very important for the future analysis of emerging markets – probably increasingly important in a longer perspective. In this context, the analysis of China’s and Russia’s ambitions in the emerging world could become particularly interesting (without discussing India’s strong potential in this specific paper). The activities of the U.S. in emerging countries certainly not to forget! The future positioning of the EU in emerging countries seems to be more uncertain.

Altogether, geopolitical ambitions of the three global superpower countries will most probably gain further momentum in the analysis of emerging markets.

*The Online access to the full paper is through Elsevier or EBSCO which may be possible by library agreements of certain universities.

Hubert Fromlet
Affiliate Professor at the School of Business and Economics, Linnaeus University