Real estate, construction and economic development in emerging market economies

2019-11-18 14:16:27 Viewed: 2239 Downloads: 756
  • Real estate, construction and economic development in emerging market economies

      Samuel laryea

     Publisher: African Review of Economics and Finance

    Pub: 2019-11-18 14:16:27

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  • The global economic landscape and power structure has changed significantly in recent decades with the rise of emerging market economies. Some emerging market economies are now among the major economies of the world and it is predicted that three of them (i.e., China, India and Indonesia) will be among the top five world economies in 2050 (EIU, 2015). The construction and real estate sectors play a significant role in the economic development witnessed in emerging market countries. Therefore, the editors and authors of the sixteen chapters in the book, Real estate, construction and economic development in emerging market economies, should be commended on an important piece of work done to examine specific aspects of the relationship between construction, real estate and economic development in twelve emerging economies.

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  • Keywords

    Real estate, construction, economic development

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