Musing about what 2022 holds is not so much a pursuit of definitive answers as it is an invitation to examine a chaotic clash of pandemic, price, policy and geopolitical risks. Conveniently, but rather clumsily, five emerging markets Asia themes for 2022 emerge.
Theme 1: Discordant recovery stacked against EMs
Despite turning a corner, the global economy is still in the midst of an uneven recovery, stacked against EMs (emerging markets) disadvantaged by access to healthcare and cheap funding.
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