I I IIIII 2 0 6% l 0 5% 04% ION W2161127;9 c'S:a tt3ja i l'ar d t e WY. 1 1 I 1 • ccAris i nil 111 1111/1111101 1 ?, - W % el Mild LUMBICOldlialeri c Fa Z •% el World Merkel Ceiatilitedion To further highlight the point, we compared the size of some EM equity markets to seve