# Dean Peter Henry discusses the importance of emerging markets to the global economy

1 Faculty News August 25, 2014>

Excerpt from [Bloomberg](http://www.bloomberg.com/video/economy-how-will-emerging-markets-react-to-fed-taper-qilV2KP7TkiCR~06K5fi2Q.html) -- "It's certainly a challenging economic environment right now, but the key thing to remember is that emerging markets account for roughly half of global GDP and almost two-thirds of global growth, so what happens in emerging markets certainly matters for what happens in the US."

[Watch the video](http://www.bloomberg.com/video/economy-how-will-emerging-markets-react-to-fed-taper-qilV2KP7TkiCR~06K5fi2Q.html)

Additional coverage appeared on [Bloomberg Businessweek](http://www.businessweek.com/videos/2014-08-25/how-will-emerging-markets-react-to-fed-taper).