These range from falling global commodity prices and rising US interest rates to environmental disasters and policy shifts caused by socio-political developments in developed markets. These events, coupled with China’s recent slowdown, have prompted many critics to question the long-term prospects of markets they once considered darlings. While the era of growth markets is not over, they will “mature into more stable markets”, according to a 2017 annual “Winning in Maturing Markets” report by PwC Growth Markets Centre. Growth markets are projected to account for 65 per cent of global growth by 2021, the report showed, adding that “maturing” rather than “volatile” markets present a wide array of opportunities. Chanchai Chaiprasit, partner and clients and markets leader for PwC Thailand, said investors needed to understand regional growth variations to prioritise investments in maturing markets.

Source: The Nation Bangkok March 27, 2017 18:00 UTC