Emerging markets need a lasting solution to cure their woes
February 11, 2014 Leave a comment
Updated: Monday February 10, 2014 MYT 9:38:04 AM
Emerging markets need a lasting solution to cure their woes
At the moment, it would appear that Asian central banks are picking up the bill to steel their economies in the face of capital outflows.
Indonesian and Indian authorities have improved their defences against rapid outflows, but their governments have failed to tackle supply bottlenecks and market rigidities that fuel inflation and limit room for policy manoeuvre, said Reuters, quoting economists. Read more of this post











