01790cas a2200253 a 4500 AALejournalIMF015369 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513587622 1018-5941 BD-DhAAL BD-DhAAL Zhang, Zhongxia. Emerging Market Heterogeneity : Insights from Cluster and Taxonomy Analysis / Zhongxia Zhang, Yuan Gao. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks at the performance of EMs since 2000 and develops a taxonomy to classify countries according to their factor endowments as well as their real and financial external linkages. The taxonomy offers insights on growth dynamics pre and post the global financial crisis. Results highlight the high degree of heterogeneity in EMs and the need for more granular and targeted near and long-term policy advice. Mode of access: Internet Gao, Yuan. IMF Working Papers; Working Paper ; No. 2015/155 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/155/001.2015.issue-155-en.xml IMF e-Library