27/07/2011
By Adam Cadle
Volatility and slow growth in the Eurozone will benefit emerging market economies, according to a report released by Mirae Asset Global Investments Group.
Continuing efforts to avoid the financial crisis spreading across the Eurozone will result in emerging markets becoming increasingly stable and resilient during the second half of this year as a result of improved financial governance and economic surveillance.
In addition, inflationary pressures are easing as a result of increases in crop and crude oil supplies and monetary tightening measures.
Whilst economic growth rates in the Eurozone may lower during the second half of this year, the 2011 Second-Half Outlook report suggests that emerging markets will continue to feed economic growth in a stagnant global economy.
Statistics from the report also show that China’s economy is expected to grow more than 9%. Methods of valuing assets and businesses are likely to return to normal as the Chinese economy continues to flourish under a contained inflationary environment.