Or do they see it as a developed market?

It has 40 to 50 percent in other developed markets.

It was withdrawn from many developed markets in the early 1980s.

Business with the poor can sometimes yield higher rates of return than ventures in developed markets.

In developed markets, the managers aim to buy companies that can return 15 to 20 percent a year over the next two to three years.

"I looked at different schools in developed markets, but it didn't seem real enough," he says.

A. There aren't many points of maximum pessimism in the developed markets.

But what I also learned is you can be late into a market even though its not yet a developed market.

I think you go into the international developed markets more defensively, because our market is sufficiently high.

"We want to create a developed market, not deformed by bureaucratic interventions."