The recent turmoil in US and European banks is a timely reminder of the potential for financial shocks to spill over into financial sectors in emerging market and developing economies. So far, banks in...
This Brief examines the impact of US interest rate hikes on developing East Asian economies. The effect will depend on the underlying factors driving the changes in US interest rates. US interest rates...
Non-financial corporates in emerging market and developing economies (EMDEs) have amassed high levels of debt in the past decade, especially during the Coronavirus (COVID-19) shock, when they needed massive...