Stanford Knowledgebase

“The term ‘emerging markets’ is obsolete.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.

Also on Stanford Knowledgebase:

1. Wages and Productivity Thrive When Developing Countries Open Their Stock Markets
2. Alums Build Better Markets in Latin America
3. A Natural History of Markets

Tags: consumer, economy, finance & investment, global business