EME financial markets are still vulnerable – BIS paper

emerging-markets6

Financial markets in emerging market economies (EMEs) have grown “bigger, broader and more liquid”,  but the turbulence triggered by Covid-19 shows vulnerabilities remain, a note published by the Bank for International Settlements says.

Philip Wooldridge, head of the secretariat of the Committee on the Global Financial System, writes that “financial market development has altered rather than eliminated EMEs’ vulnerability to large swings in capital flows and exchange rates”.

In the recent

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: