AFP – Europe’s debt crisis is sending investors flocking to the emerging markets of Brazil, China and India, the IMF said, as analysts asked if the crisis is changing the world economic order.
In a report on the state of the global economy, the International Monetary Fund said the debt crisis in Greece and other eurozone nations had caused investors to look to emerging nations for profit.
“The crisis has altered perceptions about risk and return in mature (markets) relative to emerging markets,” the IMF report said.
