Chapter 37 Emerging Economies—New Paths

Emerging market investment involves several regions and types of investing. Even the concept has a variety of names including emerging markets, developing countries, or advancing economies and probably a few others. It is misleading to lump all the different emerging markets into a “category.” There are at least four major geographical regions that include Asia, Africa, Latin America, and Eastern Europe. You could then divide the countries by size of their economy. You might include Brazil, China, India, and Russia in one category and form others for the smaller economies. Some people increasingly have a separate category for “frontier” markets. You could also divide investments by government structures, ...

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