Global emerging markets have been through seven turbulent years, beginning with the Mexican crisis i...
Global emerging markets have been through seven turbulent years, beginning with the Mexican crisis in 1994. This was followed by the 1997 Asian currency crisis, devaluation in Brazil, the Russian crisis, debt problems in Argentina and Turkey, and the recent attacks on the US. In spite of all the problems, the key reason for investing in emerging markets continues to be intact ' these markets are growing significantly faster than markets in Europe and the US. Over the past 10 years, emerging markets grew about 5.6% a year compared with 2.8% in the developed world and this trend is expected...
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