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(Emerging Markets) Where are the risks for emerging markets?

Otaviano Canuto writes for Project-Syndicate: In early July, the yield on US ten-year Treasury bonds fell to its lowest level in four months, and stock markets dipped on fears that this year’s rosy projections for economic growth will not be borne out. Still, the prevailing view is that the recent spike in inflation will be transitory, allowing the […]

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(Emerging Markets) Asset purchases in emerging markets: Unconventional policies, unconventional times (Jongrim Ha, Gene Kindberg-Hanlon, World Bank blogs)

To stabilize financial markets and support activity in response to the COVID-19 pandemic, many central banks have employed asset purchase programs—in the case of several emerging markets and developing economies (EMDEs), for the first time. https://blogs.worldbank.org/allaboutfinance/asset-purchases-emerging-markets-unconventional-policies-unconventional-times