Extreme political risk is usually seen as a characteristic of emerging markets rather than developed.
The experience of countries just in Latin America seems proof of this with Argentina swinging violently from extreme left to extreme right governments, Brazil’s president under investigation, and Venezuela in chaos and repression.
Yet that view is more prejudice than reality: emerging markets are seeing changes of government for the better across the globe. Economic growth in developing markets is significantly higher and likely to remain so for years, if not decades, to come.On a purchasing power basis, emerging markets economies accounted for 36% of global […]
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