The Conference Board Economics Watch® Emerging Markets View
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Publication Date:
August 12, 2016
Emerging economies’ manufacturing sector in the second quarter picked up thanks to fiscal stimulus in the first quarter (particularly in China and Southeast Asia) and solid consumer spending in most emerging (as well as mature) economies. Financial markets across emerging economies also saw improvement in recent weeks. However, growth prospects for emerging economies in 2016 remain weak due to persistent industrial overcapacity and lackluster private-sector investment.
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