-Tightening of expansionary monetary policies of major central banks is believed to be the largest risk facing emerging markets. For one, their currencies and stock markets will face downward pressures as international capital starts to flee.
-On the other hand, as developed economies de-leverage, emerging markets have seen their debts balloon. With global interest rate hikes pushing up funding costs, are emerging markets well grounded to pay down, and how?
-Developed countries are rethinking outsourcing in order to keep jobs at home. With less dividends from globalization, what are the new growth drivers for emerging markets?