Nomura: Risks and Opportunities in Emerging Markets
2016 was an interesting year for emerging markets – a tale of two extremes. On one hand, there was the coup d’état in Turkey, the recession in Brazil and the rising tension between Russia and the former Eastern Bloc. On the other hand, the low to negative interest rate environment across developed economies and abundance of liquidity in the markets have led to a revival of interest in emerging markets.
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