Want to know which emerging markets will thrive and which will fail? Listen to Morgan Stanley Investment Management's chief global strategist as he ticks through his 10 metrics for determining the fate of economies. Hint: China is in a bad place. His new book, "The Rise and Fall of Nations" has some lessons for the developing world to consider, too.
If emerging markets are to lead global economic performance one again as they did in recent years, an important foundation will be to convince as many people as possible that reported growth data are as accurate as they can possibly be.
If there is any silver lining for emerging market currencies after their thrashing in August, it is that they are probably now so cheap they don't have much room to weaken any further.
For all its single-minded focus on lowering inflation, India's central bank may be forced to acknowledge slowing growth in Asia's third largest economy by cutting interest rates -- probably faster than it expected.
South Africa's second quarter growth undershot economists' expectations in spectacular fashion on Tuesday, a clear signal emerging markets face torrid times.