We’ve released the latest edition of High Growth Markets, our magazine for global growth markets and emerging economies. Infrastructure is on everyone’s lips, and this edition explores how Latin America is financing transport, utilities and energy, including an Andes tunnel which will impact trade.
Amid growing excitement over Africa’s economic prospects, another article charts the role of private equity in this region. Nigeria has suffered more than most from a corrupt reputation, but our feature on ‘Africa’s giant’ finds a country hungry for change – and consumer goods. In our feature on South East Asia, we examine what the new ASEAN Economic Community (AEC) trade zone might do for the fortunes of the 10 member states. Hal S. Scott, Nomura Professor and Director of the Program on International Financial Systems at Harvard, also explores the case for a strong, regulated shadow banking system.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.