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Thailand has been ranked No. 3, following China and South Korea in the lead, in the top emerging markets listed by the Bloomberg Markets magazine. The magazine used a dozen of criteria including data from Bloomberg’s financial-market statistics, IMF forecasts and the World Bank. Countries were rated on areas of particular interest to foreign investors – the ease of doing business, the perceived level of corruption and economic freedom.
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Investors have been pouring money into emerging markets -- to the tune of $50 billion last year for mutual funds that invest in developing countries, according to EPFR Global.