Tag Archives: CIVETS

CIVETS to Take Over from BRICs as Emerging Markets Lead Global Recovery

"It's a defining moment," said HSBC CEO Michael Geoghegan. He was referring to the fact that emerging markets are expected to overtake their developed counterparts in purchasing power parity. "Emerging markets will grow three times faster than developed countries this year and are driving global recovery," he said. "Within three...

Posted on 13 October 2010