The "developing world" is a such a big cross-section that it's not really possible to correctly claim something like that will apply to all the involved countri

The "developing world" is a such a big cross-section that it's not really possible to correctly claim something like that will apply to all the involved countries, but despite their growing patterns, they also seem to breed a pattern of political and economic turmoil that is self-inflicted from time to time: Chile almost assembled a new constitution recently, Argentina's currency and economy is in deep trouble, Brazil is flirting with a left dictatorship while back to uncontrolled spending, etc. One thing the UK and many "legacy" brands have always offered was the sheer stability of their institutions. Brexit may have had the world at pause for a bit, but it's not really a shakedown of that base.