India remains resilient amid slower global growth in 2023

Positive IMF forecast

clock • 2 min read

As we enter 2023, many emerging markets are showing promise.

China's pivot away from its zero-Covid policy could lead to an increase in "revenge spending" in the initial phase of economic reopening. A recovery in Chinese growth could spur growth in Asia as well, given it is the largest driver of economic activity in the region. The Middle East is also experiencing an upturn in consumption due to the spill over from high energy prices. Brazil, Chile and Indonesia have paused or scaled back interest rate hikes. Stock Spotlight: ICICI Bank piques interest of EM managers This could revive consumption and spur economic growth as inflation s...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

Carmignac's Amol Gogate: Why a Modi election win could further propel India's markets

Carmignac's Amol Gogate: Why a Modi election win could further propel India's markets

Modi projected to win

Amol Gogate
clock 04 June 2024 • 3 min read
RBC BlueBay AM's Laurence Bensafi: EM index recomposition calls for investors' change of perception

RBC BlueBay AM's Laurence Bensafi: EM index recomposition calls for investors' change of perception

'Progressive maturation' of asset classes

Laurence Bensafi
clock 30 May 2024 • 3 min read
TEMIT's Chetan Sehgal: The outlook for emerging markets halfway through 2024

TEMIT's Chetan Sehgal: The outlook for emerging markets halfway through 2024

Headwinds to Chinese valuations

Chetan Sehgal
clock 29 May 2024 • 2 min read
Trustpilot