Rising global debt puts pressure on emerging markets, says Mminele

Daniel Mminele

Emerging markets are already beginning to feel the strain of rising global debt levels, one of the South African Reserve Bank’s deputy governors said on May 10.

According to Daniel Mminele, global debt levels – if left “unchecked” – have the potential to lower growth and undermine financial assets as bouts of financial instability become more common.

“These developments may harbour some serious implications for emerging markets,” he said. “Export-dependent emerging economies will be impacted a

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: