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Emerging Asia Economics Weekly

Emerging Asia Economics Weekly

How vulnerable is Asia to another financial crisis?

Despite the deal agreed by European leaders last week, we are far from sanguine about prospects for the euro-zone and expect further turmoil in global financial markets. In the event of another financial crisis, Asia’s currencies and equities would fall sharply. However, most banking sectors have little exposure to euro-zone sovereign debt and should remain resilient.

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This article is tagged with the following subjects: Banks, Currencies, Emerging Asia and Australasia, Equities, Growth, Macro-economics, Markets
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Julian Jessop Julian Jessop Chief Global Economist > View profile Mark Williams Mark Williams Chief Asia Economist > View profile Gareth Leather Gareth Leather Asia Economist > View profile
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