It’s too early to say with any certainty what impact the current turmoil in financial markets will have on EM growth. But while we expect the countries that have been hit hardest in recent weeks – notably Turkey and South Africa – to struggle this year, the experience of last summer’s sell-off suggests that the impact on aggregate EM growth could be modest.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services