此君新作最近面世,三句不离本行,书名正是《新兴市场世纪》(The Emerging Markets Century),精选二十五家新兴市场跨国企业,逐一点评,榜上有名的包括联想(992)、海尔电器(1169),以及替苹果公司生产iPod的全球最大电...
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正如上世纪90年代末的新兴市场热潮、继而出现的网络狂热、以及接下来突现的信贷繁荣所显示的那样,泡沫有众多致命影响。
Bubbles – as shown by the emerging markets headrush of the late 1990s, the dotcom frenzy that followed it, and the subsequent popping of the credit boom – have many pernicious effects.
但多数新兴市场要比20世纪90年代末的金融危机时期好得多。
But most emerging markets are in far better shape than they were during the financial crises of the late 1990s.
投资热本好像有理有据:21世纪是属于新兴市场的世纪,正如20世纪属于美国,19世纪属于英国一般。
FOR once an investment fad seems justified: the 21st century is shaping up to be that of the emerging markets, just as the 20th was America's century and the 19th Britain's.
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