Take 15: The Second Wave of Developing Economies (Video)
Economist Dambisa Moyo, author of Winner Take All: China’s Race for Resources and What It Means for the World and How the West was Lost: Fifty Years of Economic Folly — And the Stark Choices Ahead, discusses her views on the transformative role emerging markets are playing in the global economy. The resource constraints posed by the 2 billion people expected to enter the middle class in the next 10 years will reshape geopolitics, alliances and of course, macroeconomics. “I do believe that we will see significant spikes in commodity prices in the decades to come,” she said.
This episode of the Take 15 Series was originally released on 17 July 2013.
Are you viewing this post on a mobile device? Download the CFA Institute app from the App Store or Google Play to watch this and other videos.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.