"Having spent years as favoured spots for investment for asset-managers, industrialists, cab drivers and monkeys throwing darts, their economies suddenly fell from grace... Emerging economies have been slowing for several years"
The role of the government of the "fragile five" boils down to stabilizing and restructuring the economy to make it easier to do business and foreign investment. What point(s) do you think this article on emerging economies is trying to drive home? Are emerging markets more volatile than their counterparts and is the risk worthwhile?
Well of course they're more volatile. Risk = reward!
ReplyDeleteFor a start, their dependence on the established economy of US is too much and too unhealthy. There needs to be a way to counteract this force. These emerging markets are not helped by poor internal policy management decision.
ReplyDeleteI agree, they need to be doing it on their own if they want to survive on their own. I understand working into it, but at some point you gotta take off the training wheels.
DeleteWell in this age of globalization, I don't see their dependence on other established economies going away any time soon.
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