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Money Talks from The Economist

Money talks: Can the emerging-markets boom continue?

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 3 October 2017

⏱️ 19 minutes

🧾️ Download transcript

Summary

The Economist’s Simon Cox argues emerging markets are more resilient these days, and are less tied to the US Fed's interest-rate decisions.  Also, how big is the gender gap in pensions? And the buzz around the Jiophone launch in India. Simon Long hosts.

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Transcript

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0:00.0

Hello I'm Simon Long, the finance editor at The Economist, and this is Money Talks coming up this week. The real gender gap is in pensions.

0:15.6

So women work fewer hours than men over the lifetime.

0:19.6

Few years they have less long careers, less well paid jobs and all of that sort of ultimately gets

0:25.5

defacivated in their pension.

0:28.4

And the geophone is causing a buzz in India.

0:31.8

They just want to drive the competitors out of the market. The way they

0:34.2

figure it is this is a winner-takes-all market. But first, the special report in this week's economist covers emerging markets.

0:46.0

These are often seen as risky places to invest, prey to political instability, economic crisis and market volatility.

0:53.0

But do those stereotypes still hold true?

0:56.0

The report's author is Simon Cox, the economist's emerging markets editor,

1:00.0

and he joins us on the line from Hong Kong.

1:02.0

Hello Simon.

1:03.2

Hi.

1:04.2

Why now for a report on emerging markets?

1:06.2

It's a particularly good time to look at emerging markets because the recovery is unusually

1:10.4

broad.

1:11.4

It's not unusually fast, but it's unusually broad. It's not unusually fast but it's unusually broad. There are 24

1:15.6

emerging economies in the most popular stock market index and all of them that have

1:20.7

so far reported their second quarter,

1:23.0

quarter and quarter growth, have reported positive growth.

1:26.3

And that's the broadest recovery that I've seen since 2009.

1:30.9

So I think it's a particularly good time

...

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