Consistent, positive growth and democratic stability are now the norm in the traditionally risky region
Downtrend in manufacturing sector not likely to see much relief
But instability in emerging economies could follow if the wealth is not shared to create growth in the middle class
Clouds on the horizon include a slowdown in the U.S. economy and the global credit crunch
Weakening demand for resources has important ramification for resource-laden equity markets
China and Brazil will lead the way in 2008
No negative credit rating actions for emerging market sovereigns
Correlation among emerging equity markets and has fallen dramatically, says BCA Resarch
Value of consumer loans growing quickly, says S&P