Emerging Markets Performance in 2008 and Beyond [View article]
I come from an emerging market. My country's trade is made 70-80% with European Union. Foreign investment and trade plays a huge role to GDP growth in the region. No money, no honey so to speak. So if the consume in UE drops 2% for example, in my country exports drop 4-6%. That's why the risk and correlation is such high.
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I come from an emerging market. My country's trade is made 70-80% with European Union.
May 13 16:23 pm
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All Comments by Roowns »Emerging Markets Performance in 2008 and Beyond [View article]
Foreign investment and trade plays a huge role to GDP growth in the region. No money, no honey so to speak.
So if the consume in UE drops 2% for example, in my country exports drop 4-6%. That's why the risk and correlation is such high.
There's no secret. Cheers.