Tales of Emerging Markets

Emerging market economies (EM) as a special class of financial assets have recently been subject to two competing tales. On the one hand, there is evidence of continued financial deepening and further integration within the global financial system, while the offer of higher yields remains hard to find elsewhere. On the other hand, there are frequent bouts of fear of systemic unwinding of positions triggered by investors “exiting” EM that exhibit signs of weak or unclear macroeconomic foundations.

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Congresso aprova deficit de R$ 170 bilhões: como governo atingiu rombo recorde?

  Congresso aprova deficit de R$ 170 bilhões: como governo atingiu rombo recorde? Mariana Schreiber - BBC Brasil em Brasília 25 maio 2016 Direito de imagemAG. BRASIL/ISTOCKImage captionPlano de Temer e Meirelles…

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