Attention Economy


Thursday, June 14, 2012

What Goes Down Must Come Up

Apparently, investors are taking another look at emerging market equities. 

According to a report in the WSJ titled “Emerging Markets Regaining Allure”:
“Investors, who until recently preferred cash to risky stocks, are once again buying shares in developing economies. The are encouraged, among other things, by steps that central banks from Brazil to China are taking to boost growth. They say these measures will help emerging markets expand faster than wealthier countries, and help shield them from Europe's financial troubles. Besides, after falling nearly 20% from the year's highs, shares are starting to look cheap.”


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Other EM related News:


INSEAD Profs. Gupta and Wang offer an excellent analysis of India’s economic conditions:

China’s growing investment in Germany:



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Meanwhile, World Bank Chief Economist, Justin Yifu Lin, recommends changing the orientation of Development Economics in order to sustain long-run economic growth in emerging markets: