Emerging markets recover as US independence grows

He said: “We are focusing on those economies where there is strong domestic demand and where there are internal dynamics for growth, including Korea, Brazil, India, Thailand and Egypt. "Although each of these countries is at a different point in the economic cycle, they all share a common trait, namely their growing independence from the US economy as domestic demand continues to increase. "This trend looks likely to continue to drive emerging market growth in the future.” He cited Korea as one to watch: “After struggling in the shadow of rising household debt for several years, th...