Has the Emerging-Economy Crisis Cycle Ended?
Judging by the limited contagion from the Turkish crisis, it seems that longstanding patterns in emerging markets may no longer apply. But that does not mean that emerging economies are in the clear; on the contrary, they still have plenty to worry about, not least an escalating trade war.
https://prosyn.org/Nxd2bmq
BOGOTÁ – Crises are nothing new for emerging economies, which have repeated the same patterns again and again, with often-devastating results. But have those patterns finally been broken?