Series: IMF Working Papers
Author(s): Ferhan Salman , Mali Chivakul , and Ricardo Llaudes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2010
Keywords: global crisis, vulnerabilities, linkages, pre-crisis, current account, external debt, short-term debt, credit booms, Global Outlook, International Policy Coordination and Transmission
This paper examines the impact of the recent global crisis on emerging market economies (EMs). Our cross-country analysis shows that the impact of the crisis was more pronounced in those EMs that had initial weaker...