Question of the week | Emerging markets
Although the long-term growth potential in emerging markets remains attractive, it has lessened since the 2008 crisis. The factors driving investment flows and productivity gains (high demand from developed countries, increasing inclusion in global trade, commodity markets boom, etc.) are currently less powerful, while the labour force is shrinking in some major economies. Several countries are undertaking structural reforms to increase their potential growth, but implementation risks can be high and caution is necessary.
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The opinion expressed above is dated 3 January 2020, and liable to change.
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