When investors bunch countries together with labels like BRIC, it often obscures the subtle differences in national economies such as trade exposure to the U.S., Europe, Japan and China. Prospective advances in the rule of law, more established capital markets, currency reserves and trade balances are not progressing in lockstep. Yet uncertainties remain. How will different EMs fare in a world of Federal Reserve tapering? How will the Chinese slowdown and falling commodity prices affect Asia, Africa and Latin America? Can they restore momentum in the face of quantitative easing in Japan and the euro zone?

Moderator: Brigitte Posch
Speakers: Ana María Carrasquilla, Victor Chu, Bob Diamond, Penelope Foley, Jingdong Hua