ARGUMENTATION - CHANGE - 4

Source: Economist - carenini@cs.pitt.edu

Event: Mexico's financial crisis (94) (marked with a dot)

Effect: sharp decline turnover in emerging market

Comments:

• Vertical distances can be deceptive
• This is not a very effective graphic/text combination. How can it be improved?

TEXT:"In 1995 shares traded on emerging stockmarkets accounted for 9% of the value of all shares traded worldwide. Hit by the aftermath of Mexico's financial crisis, last year's turnover in emerging markets slumped to only 63% of its 1994 level, when it reached 17% of (the sharply rising) global turnover."