GRAPHIC-Which markets did best from Berlin Wall's collapse? Wall St and the BRICs, of course
The toppling of the Berlin Wall made free market economics the norm across Europe – but which financial markets have done the best since then? While the events of 1989 redefined Europe’s boundaries, they also ushered in almost two decades of powerful economic liberalisation and globalisation that took in China, India and Latin America – a wave that is only now cresting. Also at work is a 30-year drop in global borrowing costs as inflation has been beaten back – even amid a boom for commodity producers, whose resources China has gobbled up.