Rethinking emerging markets

As emerging markets evolve, is it time to reassess the asset class?

Emerging markets have changed dramatically over the past decade. For the last seven or eight years, emerging market economies have been relatively stable. GDP growth rates from 2001 through 2007 ranged from approximately 4% to 12%, mainly due to effects from intensive industrialisation in China. Because of this growth, emerging economies have been able to attract dedicated capital, both internationally and from investors within their own countries. These factors have led to the atypical situation of emerging markets supplying capital to the more developed economies, as illustrated in Cha...