20 years: Asian economics & policy
In this video, Sharmila talks us through the impact of the financial crisis on emerging markets and how unwinding quantitative easing could disrupt economic growth in the EM6 nations.
In this video, Sharmila talks us through the impact of the financial crisis on emerging markets and how unwinding quantitative easing could disrupt economic growth in the EM6 nations.
15 mins
The effect of the 2008 crisis on emerging markets (EM) was not as severe as one might think. Markets did not collapse although Asian economies did experience a hit to exports and capital flows. The unwinding of Quantitative Easing and normalisation of monetary policy have major implications for emerging economies.
Key learning objectives:
Learn about the crisis’ effect on emerging markets
Understand how emerging markets responded to Quantitative Easing
Understand the future monetary policy’s implications