Sun, Apr 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Research, Trends more

Are emerging economies entering a lost decade?

Posted on 11 September 2013

Financial markets are signaling that several major emerging economies may be approaching crisis. Morgan Stanley has named Brazil, India, Indonesia, Turkey and South Africa the “fragile five.” They share some common characteristics: All took in excessive short-term international financial inflows, which enticed them into accepting excessive current-account deficits for too long.
High economic growth has made their governments complacent, even as rising exchange rates undermined their competitiveness. Now their growth rates and exchange rates are falling………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930