Report
Patrick Artus

Could a crisis in emerging countries with external deficits become a global crisis?

We are now seeing the start of another crisis in emerging countries with external deficits, triggered by the withdrawal of capital from these countries. We then see a depreciation of their exchange rates, inflation, rising interest rates and contraction in growth. The key question is whether this crisis in emerging countries with external deficits could turn into a global crisis. Is the economic, trade and financial weight of emerging countries with external deficits sufficient, and has it been sufficient in the past, for there to be a global crisis triggered by a crisis in these emerging countries? We believe it is unlikely that a crisis in emerging countries with external deficit s would turn into a global crisis.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

Other Reports from Natixis
Alicia Garcia Herrero ... (+3)
  • Alicia Garcia Herrero
  • Haoxin MU
  • Jianwei Xu

ResearchPool Subscriptions

Get the most out of your insights

Get in touch