Cumulative Annualised Returns1980-95 Mode of Investment Nominal return(incli.inflation) Real return(excl.inflation) Eqiuities 26.13% 15.32% Comaony Deposits 14.36% 4.58% Bank Fixed Deposits 9.69% 0.32% Gold 8.32% (-) 0.10% Emerging Markets Indicators(Asia) 1980-95 Markets Capitalisations($ billion) PE multiples(Times) China 42.1 28.4 India 124.7 13.8 Korea 182.0 14.0 Philippines 58.9 23.4 Thailand 131.7 20.5
