Emerging Markets / Country Risk
The Emerging Markets team analyses political and economic developments in Asia, Eastern Europe, the Middle East, Africa and Latin America. Our focus is on structural, long-term trends as well as on the importance of emerging markets for global financial markets. As part of Global Risk Analysis we are Deutsche Bank's centre of competence for sovereign risk-related issues.
In focus
African revival shifts east
There are good reasons to think that the revival in African growth over the last decade has been based on much more than the super cycle in commodities and demand from China. Over the next decade, however, the region’s centre of economic gravity is likely to shift towards the less resource-dependent economies in East Africa. East African countries are economically more diverse and beginning to form a relatively large and well-integrated regional market. Therefore, beyond the likely improvement in their terms of trade, they appear better-placed to deliver the structural economic transformation that will be needed to create jobs for the fast-growing working age population. [more]
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