To a varying extent, emerging markets have
long been reliant upon the more developed world
and, at the moment, that dependence is working
in their favour, however this is not
a good long term trend.
The recent revival in the emerging
market growth story has been driven by
improvements in global trade, and particularly,
demand in the US and Europe, both regions
Indeed, over the last two years,
container throughput has risen
almost 15 points on the back of increasing export
volumes in emerging markets.
Whereas in Asia
throughput was falling just a few years ago today
it is experiencing growth rates of ten per cent,
while emerging nations in Europe, the Middle
East, and Africa are growing at seven per cent.
Latin American growth is also positive, though
lags the other two regions.