- [https://www.msci.com/market-classification]Morgan Stanley has identified RUSSIA as an Emerging Market while United Kingdom has been classified as a Developed market.Do you agree with this classification?
This classification has severe implications as Global investment funds avoid or minimize their investments in Emerging Markets.RUSSIA wants to be reclassified and wants Morgan Stanley to identify the required conditions and metrics for re-classification as a Developed Market and argues that post-Brexit, and post-Covid economy of Russia has better prospects than UK. What substantial changes that country should do to be classified as a Developed Market.
Between one and two pages. Quality, rather than quantity will be rewarded. (Times New Roman 11 font size; 1.5 spacing)
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