Emerging market (EM) economies have been accounting for the lion’s share of global growth over the past two decades, and with global growth currently slowing, future growth prospects of EM economies assume great importance. This is especially pertinent in the context of adverse demographic conditions, recessions and policy instabilities casting a long shadow over the future growth of EM. The current pandemic-induced crisis also highlighted the sharp variations among EM countries in terms of public health, governance and economic structure.
In this paper, we highlight these differences across a selected set of EM economies and discuss how they affect GDP growth, GDP per capita, debt, pensions and capital markets. The countries we cover are Argentina, Brazil, China, Colombia, the Czech Republic, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Poland, Russia, South Africa, South Korea, Thailand, Turkey and the United Arab Emirates (UAE).