Emerging markets are fundamentally defined as places that are less wealthy primarily because they have weaker rule of law, and this creates significant portfolio risk that investors often underestimate.
definitionpending
Speaker
Paul PodolskyEvidence Quote
“Emerging markets basically means places that are less wealthy largely because they have weaker rule of law.”
Source
Bridgewater Alum Paul Podolsky on What Russia Tells Us About the Future of the Global Order— Bridgewater AssociatesCreated: 8/12/2026, 10:29:19 PM
My Notes
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