Growth in rapid-growth markets to slow but quick rebound expected

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Alexis Karklins-Marchay, Co-Leader of the Emerging Markets Center at Ernst & Young comments on the rapid-growth markets forecast.

The global economic environment has deteriorated since the start of this year — impacting on the outlook for rapid-growth markets (RGMs) exports and their ability to attract foreign direct investment (FDI) — but this will be a temporary phenomenon.

  • Majority of RGM economies have scope to loosen policy to boost growth
  • Rising commodity prices and US QE3 could create new inflation pressures.
  • Indonesia, Turkey and Vietnam rising stars among RGMs
Read the full story: Rapid Growth Markets Forecast.