CESEE: Economic Turnaround Ahead

BusinessEconomy ♦ Published: November 12, 2013; 22:26 ♦ (Vindobona)

Ruchir Sharma, fund manager at Morgan Stanley stresses that Central, Eastern and Southeastern Europe is more attractive than the BRICS countries.

CESEE: Economic Turnaround Ahead / Picture: © Vindobona.org

According to Sharma, the CESEE region has better growth prospects than other and more prominent emerging markets. Besides Southeastern Asia, the CESEE region is the most promising economic area, he said. As the region has successfully completed the process of change after the financial crisis, CESEE shows first signs of economic recovery, Sharma argues.

Sharma is particularly…