Over the summer, it was clear that growth in many emerging market economies was starting to moderate in response to tighter monetary policy in some countries and lower demand growth in the United States and the United Kingdom.
The financial volatility and general withdrawal from risk that has occurred over the past month has exposed emerging economies to heightened exchange rate volatility. The general pattern of exchange rate changes is consistent with a significant reduction in risk appetite. The U.S. dollar, the yen, and the Swiss franc have all appreciated since the end of July. These are all funding currencies with [...]
Entries Tagged as 'Emerging Market Strategy'
Withdrawal From Risk and Emerging Markets
October 24th, 2008 · No Comments
Tags: Emerging Market Strategy
The Asian Development Bank will hold its annual meetings this weekend
May 4th, 2008 · No Comments
The Asian Development Bank will hold its annual meetings this weekend. The key issues addressed will include the recent rise in commodity and rice prices. Indeed, inflation in the 10 major Asian economies accelerated to 6.9% yoy in March, with food prices rising a whopping 13.5% yoy. In addition, finance ministers from South Korea, Japan and China will also discuss setting up an Asian Financial Stability Forum, similar to the Financial Stability Forum of the G7. The purpose would be to strengthen regional cooperation among the policy and financial supervisory authorities to counter instability of international financial markets.
Cross-straits trade relations [...]
Tags: Emerging Market Strategy

