A Framework Challenging Conventional Wisdom for Investing in Emerging Economies – Dr Bertrand Guillotin, Fox School of Business at Temple University
Original Article Reference
This SciPod is a summary of the open-access paper ‘Using Unconventional Wisdom to Re-Assess and Rebuild the BRICS’, from the Journal of Financial Risk and Management.
https://doi.org/10.3390/jrfm12010008
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About this episode
Since the 2008 global financial crisis, the US and other Western powerhouses have performed a U-turn in investing in globalisation, returning to the perceived comfort of protectionism, which involves imposing tariffs on imports to prioritise domestic industries. This has had a significant effect on developing and emerging countries, suppressing their economic growth by decreasing investment in the name of caution and reduced risk. Dr Bertrand Guillotin has recently challenged the conventional wisdom behind this approach in an effort to demonstrate that investment in these developing markets is not only advisable, but necessary for the growth and resilience of the global economy.
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