-o (Figure 21: Emerging Market Nominal Annualised Equity and Bond Returns Deutsche Bank AG/London tst: Lea tow Ithn 25os Wye* ittsm a..-ea 1989 ex's*. 1970 349. 1821 S t . 11.a• Ithlti 19)0 1318‘ 1819 1320. 18C9 lfl% 451 44" '(St :LW. 19111 :0,10 IA% 1294• 1.1711 1192• IMO Ricans hy Docrlo 1St. 10%. 1,19 IMO $09 ISIS :800 II/28 940 1289 1100 lad 1480• 1030 1.250. 1060 1024 1979 in*. 1919 290, Xte, 806% JusU 2%117 031.111TY las 126% 63% 120% 15I% 21.1% 162% 99% Korea 51%1 41% 93% *7% 126% III% 602 292 •0% 99% 65% Maya 34% •2 30% 90% 129% 59% 78% 65% Mcrae 4.9% 14% 151% a 1% 3S9% 182 2.T% Ptappra 9.7% 93% 91% 90% 93% 51% 130% Soon/Una 9.7% 102% 14.9% 163% A% IS 8% 160% 241% 139% 14 2 122% 71114114 11.7% 64% 87% 68% 39% 09% 82 Than] 46% 7.4% 11% 114% 222 -24% 87% WS% 11014:1 InO• 8.8% 68% 95% 77% 64% 55% 60% 38% 82% 35% 65% 54% 58% 46% 66% •9% 41% •2% 31% 23% 43% 56% 12 60% 30% 42% 12 44% 14 1% 85% 69% 8.00/8 19% 65% 11.4% 16.4% IS 2% 70% 285% 272% 221% 152 64% 14% 49~4 70% 39% 57% 31% 73% 51% n2 90% 30% 56% •0% Mena 3.5% 1.3% 112 145% 68% Proppnes 31% 74% 132 16" 80% 54011 Amnia 641 81% 130% 0 0% 84% 25% 62 125% 1341 52 54% 39% •0% 18% 55% 62 33% 63% 49% 74% 11 0% 22 I% 121% 42% .1414441 14% 28% •1% 69% 19% Thcia3 6.9% 63% 90% 69% 130% 132 79% 4.8% Mx. X164 to 31.61 N0 Sane Dane-A. Sark GPO ,Figure 22: Emerging Market Real Annualised Equity and Bond Returns :sr Lev 1.1,1 4/0 L4,1 1.11rCe 1144 ‘1.Nt 19,84- 181:0 12870 12010 4472 412, 498; 1209, 11.90 1,20. 1490 :210 :(T Y.6 11%4 11011, 1414e4 1970 140. :160, XXX, lu 1-08 100n Iiva Wye, 8,09,* :18.9 :820 ha; 1414 1924 ISM 18C-) 410 *A, lel& 1911 1.714 MIS 1800 ,101 :8* :Ira 1616 1444 1460 KM *21 :84, *irk A..-4 N11 woa 3.0% .14% • 7% SUS 106% etrA 30%