Emerging market stocks were laggards in the past decade

- Despite a strong start to this decade in 2010, emerging market stocks underperformed developed market peers and were weighed down by events such as the Chinese market sell-off, debt crises in Turkey and Argentina and the Sino-U.S. trade war.

Thailand, Philippines and Taiwan led emerging markets, with gains of more than 50% each over the past decade, while Greece, Turkey and Czech Republic bottomed the list with negative returns.

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