Scorecard of EM COVID-19 preparedness : economic views

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<title>Scorecard of EM COVID-19 preparedness</title>
<subTitle>: economic views</subTitle>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200007722">
<namePart>Lanau, Sergi </namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200007739">
<namePart>Fortun, Jonathan </namePart>
<nameIdentifier>MAPA20200007739</nameIdentifier>
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<namePart>The Institute of International Finance</namePart>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">Washington</placeTerm>
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<publisher>The Institute of International Finance</publisher>
<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">In the last few weeks, we analyzed the impact of the COVID-19 outbreak on emerging markets from different angles. We see global activity falling more than 1% this year, with major developed markets in recession. Emerging markets, which were already struggling to grow, will suffer heavily. We are especially concerned about countries entering the shock under high external and fiscal vulnerability (eg, South Africa) and places where cumulative growth underperformance is staggering (eg, Mexico). Uncertainty around growth forecasts is high but the scale of capital outflows since late January makes deep recessions in EM hard to avoid.</abstract>
<note type="statement of responsibility">Sergi Lanau, Jonathan Fortun</note>
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<topic>COVID-19</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200005391">
<topic>Coronavirus</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600648">
<topic>Crecimiento económico</topic>
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<topic>Riesgos emergentes</topic>
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<topic>Mercados emergentes</topic>
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<topic>Crisis económica</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080565992">
<topic>Incertidumbre</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080580872">
<topic>Impacto económico</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
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<topic>Pandemias</topic>
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