Signs of Crisis in Emerging Markets: Markets in a Lull
Monitoring of Russia's Economic Outlook, 17(78) 2018
3 Pages Posted: 15 Nov 2018
Date Written: October 23, 2018
US Fed’s monetary policy tightening has induced capital outflows from emerging economies, inducing, coupled with internal problems, serious financial instability in the markets of Turkey and Argentina. Central banks have launched policies to arrest the plunge in the markets of developing countries. The achieved market stability may be short-lived, however.
Keywords: Emerging Markets
JEL Classification: O52
Suggested Citation: Suggested Citation