The term emerging markets is obsolete. They represent half of the world's economy; their financial markets are large and liquid, with volatility, corporate governance and government policies very similar to those of developed markets. The traditional distinctions between emerging and developed markets, once pronounced, have disappeared.
“新興市場”這個詞匯已經過時。它們代表著全球經濟的半壁江山；它們的金融市場規模龐大且具有流動性，在市場波動性、公司治理和政府政策方面與發達國家非常相似。人們曾經提到的新興市場與發達市場之間的明顯區別已然消失。
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