Global Growth Markets Private Equity Series 1/5

This white paper examines the pace and progress of economic development in global growth markets (GGMs), and compares their evolution to the historical economic expansion previously experienced by today’s developed market countries. The results of this analysis show that many GGMs are following the growth paths of countries currently viewed as developed. It can therefore be expected that these patterns will persist, bringing many economies to convergence in the next 40 years.