DAX is emerging markets? That's new. Well ...
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18H
@marda304 yes, that's how it looks. Germany is probably closer to Africa than to Japan
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@Ji_hyun What do you mean by "closer"? In terms of economic performance or the region?
If economic performance: yes, we are not on the right track in Germany. But we are still eons away from Africa.
If region: But that's not how we classify emerging markets or developed markets. According to this logic, Japan would also be an emerging market because it is closer to Vietnam.
Dr. Google says:
The World Bank today defines such an emerging market as a state in which the gross domestic product per capita is between US$ 1046 and US$ 4095 (English lower middle-income economies). The term "emerging markets" has since been adopted by the rating agencies in their country ratings.
If economic performance: yes, we are not on the right track in Germany. But we are still eons away from Africa.
If region: But that's not how we classify emerging markets or developed markets. According to this logic, Japan would also be an emerging market because it is closer to Vietnam.
Dr. Google says:
The World Bank today defines such an emerging market as a state in which the gross domestic product per capita is between US$ 1046 and US$ 4095 (English lower middle-income economies). The term "emerging markets" has since been adopted by the rating agencies in their country ratings.
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•@Ji_hyun That's your subjective opinion. Bond investors, for example, see it very differently.
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