Scorecard of EM COVID-19 preparedness : economic views

Recurso electrónico / Electronic resource
Colección: Documentos electrónicos
Título: Scorecard of EM COVID-19 preparedness : economic views / Sergi Lanau, Jonathan FortunAutor: Lanau, Sergi
Publicación: Washington : The Institute of International Finance, 2020Descripción física: 2 p.Notas: Sumario: 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.Materia / lugar / evento: COVID-19 Coronavirus Crecimiento económico Riesgos emergentes Mercados emergentes Crisis económica Incertidumbre Impacto económico Perspectivas económicas Pandemias Autores secundarios: Fortun, Jonathan
The Institute of International Finance
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