Economic, financial outlook of emerging markets positive

After the slowdown that started mid-2011 following the euro-zone crisis, business is again starting to accelerate in the emerging regions, according to Dexia Asset Management report.

“In these markets, there’s really no point in expecting pre-crisis growth rates to materialise,” Anton Brender, Chief economist of Dexia Asset Management (Dexia AM), claimed.

“The reduction in global imbalances is curbing activity and will continue to do so for several years yet. Consequently, there is a real risk of seeing the emerging countries attempt to weigh on their currency exchange rates to underpin activity,” he added.