Emerging markets driving their own growth

INTERVIEW

Schroder Global Emerging Markets manager explains why emerging countries are growing in importance compared to developed regions

Allan Conway is the head of emerging market equities at Schroders. Here he outlines his views on developing markets. What is behind the strong growth in emerging economies? Emerging markets are increasingly driving their own growth, with domestic demand and trade between emerging countries becoming much more important – in recent years, the emerging economies have been growing 4% to 5% faster than the developed economies. These economies are also, broadly speaking, unencumbered by the huge private and public debt problems of the developed world – unlike the most advanced economies they...