Young vibrant populations whose economies show strong growth are good investment bets, or so the general ethos behind investing in emerging markets goes.
But a columnist in Monday’s FTfm asks the unthinkable: is that idea just plain wrong?
John Plender examines the work of economists who think the new pessimism about emerging markets might be here to stay. Continue reading »
A busy week for diplomacy: Mursi and Merkel visit China, Manmohan Singh visits Iran, the IMF visit the Ukraine the day after Yulia Tymoshenko’s case goes to the European Court of Human Rights, and APEC meets in Moscow; troubled South Africa releases Q2 GDP, as will Brazil and India; and there are results from the China Construction Bank and G4S. Continue reading »