You see it in every business paper or magazine. You hear it on every financial talk show. You
are deluged with facts presented as certainty: China will be the number one economy. The BRIC
countries (Brazil Russia India China) will continue to outstrip the developed world in
growth for decades to come. Emerging markets are therefore a sure bet for making money and
should be part of every portfolio. But is it true? Emerging markets undoubtedly present one of
the most exciting investment opportunities that has occurred over the last twenty years. But so
was the U.S. housing market-if you knew when to get in and get out. Emerging markets are no
different. To understand them you have to understand that they are different. You have to
understand that you are not on Wall Street anymore. Different rules apply. And there are not
only vast differences between developed and emerging markets but vast differences among
emerging markets themselves. The opportunities and risks are substantial and vary enormously
between countries. Investing in Emerging Markets will help the retail investor the more
sophisticated money manager and the prospective international businessperson to get beyond the
hype the marketing and the dreams to understand the real risks and to take advantage of the
real opportunities. This book: Provides an overview of the emerging markets prime for investing
Outlines the snares awaiting the unwary Guides novice investors and professionals alike Shows
how to make money by carefully selecting markets for investment
