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Taking into account the very positive reaction and feedback we received following our introduction of the PwC EM20 Index last year, we have refned and improved our underlying Model to give what we believe is an even more useful starting point for your deliberations. This has resulted in, amongst other things, some countries no longer meeting the Model’s criteria of an ‘emerging market’ and thus falling out of the rankings, whilst other markets are included for consideration for the frst time.
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