Emerging markets are one of the main reasons this recovery has been so swift -- their production has been steady, their stimulus substantial, and their revival speedy. So fast, in fact, that many have wondered whether many of these nations could keep pace. So far -- so good.

The MSCI Emerging Markets Index has gained 68% this year, and if it's not a record, it surely represents an outstanding performance. The index contains stocks such as Vale (NYSE:VALE), China Mobile (NYSE:CHL), HDFC Bank (NYSE:HDB), and Petrobras (NYSE:PBR). Last week was no exception, as developing countries experienced an outpouring of love into their equity funds.

According to Bloomberg:

The funds attracted $1.7 billion in the week ended Dec. 23 from $571.4 million in the previous week, EPFR said in a statement. That added to a record $80.3 billion of investments in emerging-market stock funds so far this year, compared with outflows of $48 billion in the same period in 2008, EPFR said.

As better data emerged from the U.S. and the rest of the developed world, export figures for emerging markets seem to be solidifying, hence the recent surge in inflows.

What do Fools think -- can this torrid movement maintain its tempo, or will emerging markets see a slowdown in 2010? Sound off in the comments box below, or head over to CAPS to let us know what you think about any of the companies mentioned above.

Fool Contributor Jordan DiPietro doesn’t own any shares of the companies mentioned in this article.

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