The status of emerging markets now turning into submerging markets

“Over the past three decades, global interest in emerging markets has soared, and when the financial crisis of 2008 hit, emerging markets were largely thought to be the next engine of global growth. Insofar as they have complied with this investor aspiration over the past few decades, they have also adopted a negative aspect of the developed economies to which they aspired: corporate leverage. As the corporate emerging giants of the developing world have grown, so too have they issued debt at disproportionately faster rates.” The words of

Guest: Usman Chohan
Position: International Budget Expert, Scholar of Global Policy Reform,and Governance Advisor
he has also previously been a Consultant with the World Bank and is currently an economist at the University of South Wales