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EMs see slow but sure recovery in 2017

Emerging markets ex-China are on course for a gradual recovery by next year as economies enter a growth cycle.

EMXC economies such as Indonesia will see gradual recovery in 2017, paving the way for improvements in productivity and a sustainable growth path.

INVESTOR sentiment towards emerging markets has improved and capital inflows to asset markets have also resumed recently. This appears to have been driven by the increasing recognition that the macro outlook for emerging markets (EM) is improving.

Indeed, our expectations are that EMs ex-