The Fallout from the Financial Crisis (1): Emerging Markets under Stress
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The contagion of the global credit crisis from the industrialised countries to the emerging markets has taken some time to develop. Then, in October 2008, it spread rapidly, afflicting all emerging markets, without any distinction or regard to their so-called “fundamentals”. For believers in “decoupling”, the high growth rates, massive foreign...
