This is a bleak figure to face when emerging into the industry as a new graduate.
When Success Counts College, when emerging adults already have their faces on, is about fields of expertise and résumés.
That is counter to investors' recent experience in tumultuous times, when emerging markets have underperformed those in more developed nations.
The European project was to secure the continent's prosperity in the 21st century, when emerging economies were rising fast.
Chemical companies often use options to reserve the right to play when emerging technologies' performance is uncertain.
Like Harry Lime, they spend much of their time in sewers, but unlike Harry, they do good things when emerging into the light or the night.
WHEN emerging markets have plunged, analysts are often quick to tell investors to jump in again, because stocks and bonds have become cheap.
That was what the earlier debate over "currency wars" – when emerging markets complained about being inundated by financial inflows from the US – was all about.
After the crisis of the late 1990's, when emerging markets in Asia and elsewhere experienced declining economies, currencies and share prices, their returns sank.
Even when emerging Pop art and minimalism made him seem, retrospectively, a prophet of their audacious and reductive ways, he stood apart.
That proved a perfect combination in a decade when emerging economies were booming and China, especially, went on an investment binge.
