New Economy Forum
Global Insight: Three Takeaways From the Emerging Market Outlook
This article is for subscribers only.
Financial risks in emerging markets have eased, with most currencies up this year. For most economies that is a good sign, but there are a couple of outliers — Russia and Turkey sold foreign assets to prop up their exchange rate. As financial threats abated, political and governance risks have risen. A presidential assault on central-bank independence in Brazil and a stock-market rout at India’s Adani Group provide recent examples.
Our big takeaways from January: