The credit crisis plaguing much of the developed world is also leaving its mark on emerging markets
The economic and credit outlook for emerging market economies has worsened dramatically as the ‘credit crunch’ that originated in the so-called ‘advanced’ economies contaminates the developing and emerging world, says Fitch Ratings.The negative impact of the recession in the G7 on emerging market economies “is magnified by the sharp curtailment of financing from international banks […]
Two fund managers are buying selectively; one is waiting for the dust to settle
Data show that emerging markets have outperformed their developed counterparts in the past five- and 10-year periods
Markets have made extreme recoveries following previous freefalls, economist says
The International Organization of Securities Commissions Emerging Markets Committee announced that it will study the implications of the financial crisis for emerging market countries in an effort to uncover the best ways for these jurisdictions to deal with such events.The group met in Marrakech this week and decided to launch an EMC chairman’s Task Force […]
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