Looking at Bric and beyond

  Emerging markets are proving to be the stalwart survivors of the financial storm, showing a high level of resilience amid the global economic crisis. While the US and UK, among other developed economies, are still grappling with the recession, the emerging markets are showing a significant and speedy rebound.  “Emerging markets will lead us out of the global recession – this is a great time to invest in them,” says Global Trends Investments president Tom Lydon. He says Chile’s gross domestic product (GDP) has increased to 8% and India’s GDP has risen back up to 7%.  While the mai...