Risk-taking has its rewards (TT April04 p23-25)

For many industries emerging markets represent huge opportunities, whether it be through access to new customer bases, cheaper production processes or natural resource pools. However, having identified such potential opportunities, treasurers need to assess and understand the many risks associated with investing in emerging markets, such as the development of clear entry and exit strategies in order to mitigate potential sovereign, currency and interest rate risks, to name but a few.