Date Added: Jan 2010
The current outlook for the world economy remains bleak. The financial and economic dislocations experienced by global markets, but more significantly by the developed economies, are unprecedented even for the most seasoned investors. In this context Author believe that the future is bright and that the secular growth stories for the emerging markets remains intact. Emerging markets have not benefited from any sort of decoupling vis-?-vis its developed market counterparts albeit the degree of relative severity is significantly less.