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Emerging Markets - What Are They Doing?
In the emerging market, its roughly defined as developing, but not fully developed. This includes countries like brazil, russia, india, china and recently added south africa. Investors will bet on them having a higher g d p growth. China, for example, 20 19, six % growth. Us in 20 19, two point one% growth. And of course there's frontier markets, es are viewed as small, unstable, liquid, generally risky. They were previously called the third world in the eighties. People didn't like that term. We've also talked about this for the last six months on the programme. All problems get exasperated when a economic wold