During much of this year, emerging markets have resembled a giant game of country whack-a-mole. Just when you thought one idiosyncratic story was temporarily under control, another one popped up. Whether it was Turkish policy mistakes, Argentine capital flight, Brazilian political risk, South African land reform or Russian sanctions fears, there has been no shortage of negative headlines.
在今年大部分時間裏，新興市場就像一場國家版大型打地鼠遊戲。就在你認爲一個特例事件暫時得到了控制時，另一個事件又冒出來了。無論是土耳其政策失誤、阿根廷資本外逃、巴西政治風險、南非土地改革還是俄羅斯制裁擔憂，今年一直都不缺負面的頭條新聞。
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