Banque de Luxembourg

Brazil and the Philippines: Contrasting Situation Within Emerging Markets

Date:

Brazil and the Philippines: Contrasting Situation Within Emerging Markets

Author: Fórmate a Fondo

  1. Net importers of commodities like South Korea, Morocco, India and the Philippines have managed to hold out and even profit from the current situation
  2. The rating for the Philippines, a country with a population of nearly 100 million, climbed from BB- in 2005 to BBB in May 2014
  3. In September 2015, S&P cut its rating for Brazil to BB+, which is in the speculative grade