Are emerging markets doing better under supply shocks? Our @voxeu.org and @brookings.edu 2023 paper w/Filiz Unsal explains how emerging markets can be resilient under global shocks. cepr.org/voxeu/column...
Stronger macro policies and institutions can give economic insurance and leverage.
When global uncertainty increases, emerging markets are typically the most exposed. Historically, tighter US monetary policy has led to capital outflows, currency depreciation, and tightening financia...
