Economic Emergence an Unachieved Concept to Study Economic Development Theoretical and Empirical Investigation
Nedra Shili

The global economic structure presents a very hierarchical configuration. The analysis of half a century of economic development strategies indicates that a minority of countries have been able to break with underdevelopment without access to the rank of economic powers. This intermediate status was called emergence and has been set as the main focus of economists. A literature treating the determinants of the emergence was proliferated; the characterization of these determinants was built in sine qua non condition of economic development. However, as the vectors and criteria of the emergence vary across countries, a typology of emergence definition was then imposed. Therefore, analysis concerned, financial emergence returning to the depth of financial market emergence, industrial emergence referring to industrial goods component of exports, the cognitive emergence referring to labor productivity, commercial emergence, ... etc. The researches done in this purpose shows that the emergence remains a mutable concept and the categorization of countries based on advances criteria results in a heterogeneous group covering economies with very different levels of development and very distant positions in the world rankings. A refocusing effort then was to be done to standardize the references of emergence. Thus, economists have been devoted to assimilate the economic emergence to development; a theory about the emergence and its strategies is then substituted to the theory and strategies of development. It is all of these reflections that attaches this research which has set the aim of studying the semantic framework and repository for the emergence and confront in an empirical section based on VAR and ECM applied on a panel data, the findings of these references to the reality of a sample of emerging countries.

Full Text: PDF     DOI: 10.15640/jeds.v4n2a13