Riding Global Financial Waves : The Economic Impact of Global Financial Shocks on Emerging Market Economies »
Series: IMF Working Papers
Author(s): Gustavo Adler , and Camilo Tovar Mora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2012
Keywords: global financial shocks, financial integration, exchange rate, exchange rate flexibility, foreign assets, international financial statistics,
Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more vulnerable to gl...