CONQUERING CHALLENGES: STRATEGIES FOR THRIVING IN EMERGING MARKETS
Abstract
The article discusses the challenges faced by emerging markets and strategies to address them. Three main challenges are highlighted: infrastructure gaps and inadequate transportation networks, corruption and lack of transparency, and income inequality and poverty. To tackle these challenges, several strategies are suggested. Firstly, economic reforms should be implemented to attract investment and create business-friendly environments. Secondly, social welfare programs and education reforms are essential to address social challenges such as income inequality and poverty. Lastly, public-private partnerships can be formed for infrastructure projects and investment, addressing the issue of infrastructure gaps. These strategies aim to promote economic growth and development in emerging markets by addressing the identified challenges.
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Natalia Matushkina, Yuliya Myslyakova, Natalia Neklyudova Infrastructure Gaps in the Socio-Economic Space of an Industrial Region // Science Direct. - 2022. - №10. - С. 59-65.
