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The Importance of Accountability in Emerging Markets
You said that there are more similarities than differences between developed and emerging markets. I was hoping maybe you could pull on that thread a little bit, talk about some of the similarities that listeners may find surprising. And then conversely, some of the differences that remain critically important to be accounted for. Sure. So like we talked about a little while ago, theory and empirics both support that there are far greater similarities than differences. We're not really surprised by the similarities. It's a little hard to imagine why anyone should be."