PwC EM20 Index: 2009 Interim Update

This update of our EM20 Index reflects the fact that while the current financial and economic crisis is affecting virtually all emerging markets, some are being more adversely impacted than others. The highly ranked countries in both the manufacturing and the services indices feature the tried and the tested investment destinations such as China, Slovakia and Chile that still represent potentially attractive long term investment opportunities. Less well-placed are the countries without significant domestic markets or those not anchored within large trade and currency blocs. With country risk levels currently being the main driver of emerging markets’ relative investment attractiveness, it is now even more important to enhance the depth and robustness of your investment destination selection process.