Emerging Markets: The Big Story of 2013? (CNBC, 02/2013)

Emerging Markets: The Big Story of 2013? (CNBC, 02/2013)

Economist Nouriel Roubini warned that the BRICs have been over-hyped for some time. “India, Russia, and China, all of them are moving towards state capitalism, and that’s actually going to slow potential growth,”

Roubini also said that, in terms of growth, all emerging markets should not be lumped together. The success stories in Latin America are Chile and Colombia, not Brazil, he said, and there’s better growth in the Philippines and Indonesia than either China or India.

Tagged with: ,
Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: