l'Atlante

  1. Emerging markets’ impending risks: private sector debt and dollar liabilities

    anne.bernier@prometeia.comlorena.vincenzi@prometeia.com

    The Great Recession held a silver lining for EM where cheap dollar loans financed investments. Unfortunately, that silver lining could actually be clouds gathering for the next storm. As the global economy enters a new period of uncertainty and as the Fed is expected to slowly raise interest rates, dollar liabilities of struggling EM corporations may hint at bigger troubles to come.

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