Emerging markets will 'suffer' as QE ends, say panellists


Panellists at an event hosted by the Central Bank of Chile have warned that despite widespread success weathering the collapse of Lehman Brothers, emerging markets may not be so well prepared for the end of quantitative easing (QE) in the US.

A panel discussion on Friday brought together Vittorio Corbo, a former governor of the Central Bank of Chile, Guillermo Calvo, a professor of economics at Columbia University, and Maurice Obstfeld, a professor of economics at the University of California

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