Will The Emerging Markets’ Financial Sector Trigger A New Crisis?

Will The Emerging Markets’ Financial Sector Trigger A New Crisis?

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By Okan Akin, Markus Schneider

The Latin American disaster of the Nineteen Eighties, the Mexican disaster of 1994–95 and the Asian Disaster of the late Nineteen Nineties shared a number of underlying causes. In every case, financial stresses manifested within the monetary sector, main to completely

Key Macro/Leverage Risk Factors for EM

Depth Varies Considerably Across EM Countries

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