Year of pain sets stage for 2021’s top 10 emerging-market themes
A woman wearing a face mask to protect against the coronavirus walks past a bank s electronic board showing the Hong Kong share index in Hong Kong, Thursday, Dec. 10, 2020. Stocks were mostly lower Thursday in Asia after weakness in technology companies’ shares led an overnight decline on Wall Street. (AP Photo/Kin Cheung)
(AP)Premium
. Updated: 16 Dec 2020, 11:36 AM IST Bloomberg
Few themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product
Share Via
Read Full Story
Some risks aren’t going away any time soon for emerging markets, irrespective of the overwhelming view among investors and strategists that 2021 will be a year of continued recovery.
How a year of pain sets stage for 2021 s top 10 emerging market themes
arabianbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabianbusiness.com Daily Mail and Mail on Sunday newspapers.
Year of pain sets stage for 2021 s top 10 emerging-market trends
afghanistannews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afghanistannews.net Daily Mail and Mail on Sunday newspapers.
Text Size:
A+
Singapore/New York: Some risks aren’t going away any time soon for emerging markets, irrespective of the overwhelming view among investors and strategists that 2021 will be a year of continued recovery.
Though the turbulence triggered by the coronavirus outbreak has given way to optimism that vaccines and central bank largess will keep the revival on track, a few themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product.
1. Vaccine headway
After bringing much of the global economy to a halt in 2020, there’s growing optimism that multiple vaccines will help bring the pandemic under control. Yet banks such as HSBC Holdings Plc caution against too much enthusiasm as availability and distribution in emerging markets may lag behind their developed peers. Wealthier countries have secured extensive supply deals to hedge their bets, while many developing ones may have to rely