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The term "emerging markets" refers to rapidly growing markets which are home to 4.8 billion people or 84% of the world's population. In the period 1985-1995, the number of stocks listed on emerging markets exchanges increased by 50% mostly through privatizations and initial public offerings. The International Finance Corporation (IFC) projects that by 2025, the emerging markets' share of the total world stock market capitalization will rise to about 43% creating vast opportunities for investors. It is in this dynamic arena of growth and opportunity that MFI operates, specifically in the following markets: |
