Emerging Markets: The World’s Innovation Lab (Lazard)
Summary
• The nature of the emerging markets has changed fundamentally. Information technology now dominates the asset class that investors formerly viewed as a “natural resources play.”
• Lacking the developed world’s physical infrastructure, the emerging markets were quick to seize the potential of technology’s virtual infrastructure. Today they are setting the global pace in online shopping, electronic banking, and eSports.
• Leading the way now in the rollout of revolutionary 5G telecommunications, the emerging markets are the world’s fastest-growing markets— technologically as well as demographically READ MORE
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