Emerging markets offer concrete growth potential to Tanzania

2008-09-04 10:54:32
By Theo Mushi

Ten years ago, emerging markets were mugged in major crises. That followed their fantastic growth path which noticeably made global financial systems to feel the heat, especially during 1997-98.

Unfortunately, during those troubled years, those economies were labelled `emerging markets` coming as it were to characterise instability or at least some form of volatility.

It is believed that emerging markets are now a key determinant of global growth which is good news and also a potential problem. More...


[SOURCE: THE GUARDIAN]