Current State and Prospects of Emerging Market Sovereign Stories

This chapter provides insights into the current state of emerging market sovereign stories, focusing on countries like Zambia, Mozambique, and Pakistan. It covers the impact of IMF involvement, shifts in geopolitical and economic alliances, the significance of EM countries globally, and the historical role of commodities in driving EM currencies. The discussion also explores investment opportunities and challenges in EM local markets, the potential impact of the Indian rupee's addition to the JP Morgan GB Index, and a comparison between India and China for investment prospects.