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Emerging Markets Monthly Highlights: Another Difficult Year Is Ending, Challenges Remain

Dec. 16, 2021

We expect the economic recovery among emerging markets from the pandemic-induced downturn to continue into 2022, because it hasn’t run its course. Some sectors continue to operate below capacity, which will keep growth above trend next year. However, in some countries--notably Brazil--growth will be below trend due to idiosyncratic factors.

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