Geopolitical Dynamics in Emerging Markets

This chapter explores the intricate geopolitical dynamics in emerging markets, with a focus on the Middle East, specifically the conflict containment between Iran and Israel in Gaza. It highlights the influence of major players like Iran, China, the US, UAE, and Saudi Arabia, emphasizing the role of credible institutions, commodity prices, and the impact of Fed tightening on emerging markets' debt sustainability. The discussion underscores the importance of understanding geopolitical risks, capital flows, and identifying alpha opportunities within the emerging markets amidst economic uncertainties and high opportunity costs.