<div id="readability-page-1" class="page">Convergence trend holds: Goldman Sachs says poorer economies are still catching up with richer ones when weighted by population, defying globalization slowdown. Asia leads progress: China, India, Indonesia, and Bangladesh account for over 40% of the world’s population and have driven most of the income gap narrowing. Growth outlook strong: Emerging markets are forecast to grow at 3.8% annually in 2024-29, more than double the rate of developed economies.</div>

EIDO

INDA

<p>Goldman Sachs reports that poorer economies are still catching up with richer ones, defying globalization slowdowns. Asia, led by China, India, Indonesia, and Bangladesh, drives this income gap narrowing. Emerging markets are forecast to grow at 3.8% annually from 2024-29, more than double the rate of developed economies.</p>

ISHRS MSCI Indonesia

iShares MSCI Em

ISHRS MSCI India

FIL Ltd.

Schw Em Mkt

Avantis Emerging Markets Equity ETF

iShares MSCI EM Ex-China

VG Em Mkts

iShares MSCI EM Market Asia

iShares MSCI China

SPDR Em Mkt

iShares Core MSCI EM

Goldman Sachs

GS Hldg R

Goldman says poor nations still catching up despite trade slowdown