Emerging Markets Summit: What to Expect and Why Emerging Markets are Relevant

By Teresa Wang, Class of 2019

By Teresa Wang, Class of 2019

I can still recall last year’s Emerging Markets Summit vividly. The conference was an excellent and intimate experience engaging with speakers from different countries and backgrounds. I remember having heated small group discussions with the Director of Country Credit Risk at the World Bank and a Vice President of Google in India. We were chatting over wine and cheese in Winter Garden. Both of them were from very different parts of the world and industries, brought together by Emerging Markets Summit. It was a memorable experience to have such an intimate and in-depth discussion with experts from different backgrounds.

At the Emerging Markets Summit, the lines between industries, nationalities and even speakers and participants grow blurry. Everyone has the opportunity to weigh in with their thoughts and spark discussions. It is what makes Emerging Markets Summit truly special: a platform for cross-regional and cross-functional talks about emerging markets.

As business school students, we have always been thinking about what’s next. What is the next blue sea? The high economic growth momentum and large population make the emerging markets a potential next frontier. Can you believe that compared to the 2.3% GDP growth in the US, Ethiopia has an astonishing 10% annual GDP growth in the last ten years? In addition to economic momentum, emerging markets host some of the world’s most populous countries. China and India alone have a third of the world’s total population! After years of rapid growth in China and India, there is a vast untapped middle-class population. Despite having substantial market potential, though, the risks of navigating through emerging markets are higher. Each state and region has its unique challenges. Under this wave of anti-globalism and high uncertainty, Emerging Markets Summit is trying to bring together different perspectives and shed light on what might be the next frontier.

Students and speakers have spirited discussion during the reception at last year’s Emerging Markets Summit

Students and speakers have spirited discussion during the reception at last year’s Emerging Markets Summit

This year is our 6th annual Emerging Markets Summit. Thanks to deeper engagement from the school, GBC and regional clubs, this year will also be the largest. Six years after starting the event, it is now the largest student-led emerging markets conference in the US. So far, we are excited to have over 30 speakers lined up. Our keynote speakers include Mahamudu Bawumia the Vice President of Ghana; Ilan Goldfajn the Central Bank Governor of Brazil; Guillermo Ortiz, the Former Central Bank Governor of Mexico; Krishnamurthy Subramanian, the Chief Economic Advisor of India; and Sergio Clavijo, the Former Finance Deputy of Colombia. In addition to the keynote speakers, the Emerging Markets Summit offers a myriad of panelists from different backgrounds, from the CEO of the largest financial services company in Peru to the co-founder of a promising startup in Africa that Mark Zuckerberg has invested in.

Keynote panel with Professor Raghuram Rajan

Keynote panel with Professor Raghuram Rajan

Emerging Markets Summit might not provide all the answers to the challenges facing the regions. However, it will offer a range of perspectives and a space for dialogue. Please join us for this year’s Emerging Markets Summit to learn more about the next frontier of the world economy.