Macroeconomics in Emerging Markets Peter J. Montiel
Publisher: Cambridge University Press

The MPI highlights several significant trends among emerging markets. Boone was a lecturer in economics and director of the emerging markets finance program at the Centre for Economic Performance at LSE. Therefore, although the global operating environment remains difficult for emerging markets despite their better macroeconomic health and outlook, we strongly believe in the attractiveness of the asset class. The global financial crisis has led to a sweeping reevaluation of financial market regulation and macroeconomic policies. Currently, Peru's government is promoting macroeconomic stability, confidence-building, tax predictability, and legal stability to generate even more business opportunities. We will now take a closer look at some of these trends in order to obtain a better idea of the importance of emerging markets in international business. Given the uncertain global macroeconomic environment, emerging market economies need to strengthen domestic demand to offset the decline in external demand. In general terms, however, question marks what concerns investments in emerging market bonds should be very large. Macroeconomic indicators do not tell the whole truth. Neuberger Berman's Alan Dorsey says emerging market economies are becoming more structurally sound due to macroeconomic changes and a growing middle class. Against rampant volatility in established markets, Franklin Templeton's Mark Mobius believes investors will gain from greater performance and falling macroeconomic risks in emerging and frontier market equities. 5+ years as Emerging Market Analyst; Strong knowledge of Macroeconomics; CFA Preferred; Language fluency in at least one of the major languages in the region preferred. Apanard (Penny) Angkinand Prabha is an economist in the Financial Research group at the Institute.