Financial vulnerabilities lurking in a handful of EMs

Financial risks generally look quite low in most major EMs as current account deficits have narrowed this year and banking sectors remain in strong shape. But there are some areas of weakness, including large currency risks in parts of Eastern Europe (e.g. Russia and Turkey) and North Africa (Egypt) as well as persistent sovereign debt risks across frontier markets (including Tunisia and parts of Latin America).

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.