Conclusion
Conclusion
This chapter summarises the main ideas from the book. One of these being that emerging economies are now becoming a more normalized asset class, as the frontier between OECD and emerging markets erodes. A paradox highlighted in this concluding chapter is the partial decoupling between financial and political cycles in emerging economies in comparison to an increased financial sensitivity to politics in developed economies.
Keywords: normalized, asset class, OECD, emerging market, decoupling, financial cycle, political cycle
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