Last week, I saw this picture in a post written by Ziad Daoud, the Chief Emerging Markets Economist at Bloomberg. It would be interesting to explore if ex-ante fundamentals (inflation, current account, holding of international reserves) and ex-ante institutional dimensions explain the difference in performance of these emerging economies. Stay to tuned for more information about some ongoing research on this topic.
![](https://www.jamelsaadaoui.com/wp-content/uploads/2024/03/image-4.png)
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