Outlook for emerging markets not as ‘gloomy’ as people think, BoE’s Forbes says

BoE MPC member encourages business in emerging markets

band-of-england-evening
Bank of England Building, London. Front entrance lit up at night.

Much of the "gloomy discussion" over doing business in emerging markets has been "overblown", Kristin Forbes, a Bank of England monetary policy committee member, said today (October 16).

Speaking in Brighton, Forbes suggested not investing in emerging markets might be "a missed opportunity" for some companies despite potential risks.

Some of the pessimism, she said, is "overshadowing important differences across countries and strengths in some economies as they make beneficial transitions toward

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