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“The term ‘emerging markets’ is obsolete. They represent half of the world’s economy; their financial markets are large and liquid, with volatility, corporate governance, and government policies very similar to those of developed markets. . . . There is, however, one measure that highlights a clear and continuing distinction between emerging and developed markets: growth.”
– Marco Dimitrijevic MBA ‘85, in the Financial Times. He is founder and chief investment officer of Everest Capital.
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