ABSTRACT
Equity investments in developing countries have expanded rapidly in the period from the early eighties until 1993, and set off an investment boom which has now quietened down due to the rise in US interest rates and the crisis of the Mexican currency. However, from a middle or long-term perspective, investments in newly emerging markets are very attractive due to the fact that they are situated in growth markets. For advanced countries aiming towards international diversification of investments these emerging markets cannot be overlooked as a market for investments. This means that in the mid and long term these regions more than others are regions with the highest probability for economic growth.
