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Convergence, global imbalances and the role of infrastructure in EM

The Emerging View

07 June 2013

Many Emerging Markets are beginning to exhaust ‘low hanging’ sources of growth as they approach middle income status. Adapting requires not just greater economic flexibility, but also more investment and a more efficient use of capital. Infrastructure investment will play an important role within this process, alongside capital market development and supply-side reforms.

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